Answer:
PV= $69,221,998.63
Explanation:
Giving the following information:
Future Value= $750,000,000
Number of periods (n)= 25 years
Discount rate (i)= 10%
<u>To calculate the present value, we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 750,000,000 / (1.1^25)
PV= $69,221,998.63
I believe that is called the arm.
Answer:
The equilibrium price level will double.
Explanation:
Suppose that the economy has a money supply of $4 billion and the income velocity of money is 8, the price level will be 4 and the real GDP is $8 billion. The formula we are using is:
- Money supply x velocity = price level x real GDP
If the money supply remains the same ($4 billion), the income velocity of money is 16 (it doubles), and the real GDP is $8 billion, then the price level will be:
$4 x 16 = price level x $8
$64 = price level x $8
price level = $64 / $8 = 8
So the price level has doubled to 8.
Get advice in how to do it
Answer:
Option b is correct
Explanation:
The requirement of this service is to be independently derived because the procedures vary according to needs of the parties involved in the agreement.