Answer:
The future value of the $200 invested yearly for 4 years at 8% is $973.32
Explanation:
The future value of an immediate annuity is given by the formula = (1+r)*[P*((1+r)^n-1)/r]
P=is the periodic payment of $200
r=rate of return=8 percent
n=number of years=4
By slotting the variables into the formula we have:
Fv=(1+0.08)*(200*((1+0.08)^4-1)/0.08)
FV=$973.32
Judging by the concept of time value of money, it is expected that the sum invested at interest would have been much more at maturity of the investment as $1 today should give a lot more than $1 in future.
The splitting up of water molecules is a part of the light reaction of photosynthesis. This will make the correct answer B.
Answer: Given, the ball bearing market is purely competitive. Also at the current stage the firms in this market are earning positive economic profits.
Therefore , in the long run as adjustments occur in the industry, we can expect the market price of ball bearings to<em><u> </u></em><u><em>decrease and individual firms' profits to decrease.</em></u>
This will take place as new firms will enter the market once they analyze that the existing firms are earning positive economic profits. Thus this will lead to decrease in price of ball bearing and further will lead to decrease in profit os a firm.
<u><em></em></u>
<u><em>Therefore, the correct option is (d)</em></u>
It can be traced in no small part to policies that have allowed labor standards, business practices, and ideas of fairness to increasingly favor employers at the expense of workers.
I WANT POINTS
Answer: 12 months
Explanation:
Let's assume I want to get a 2007 Volkswagen Jetta $12,000, which has a very good review. I'll need to save for 12months to get $6000 then add $6000 which would be given to me by my parents, at the end of 12months I would be able to get the 2007 Volkswagen Jetta which goes for $12,000.