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Hunter-Best [27]
3 years ago
13

In the second half of the twentieth​ century, Japan experienced exceptional growth. According to World Bank​ data, in​ 1985, Jap

an's GDP was​ $3.67 trillion, and its annual growth rate was 6.33 percent. The GDP in this problem is in constant 2010 dollars. Assuming an exponential annual growth rate of 6.33​ percent, Japan's projected GDP in 2010 was?
Business
1 answer:
Aleks04 [339]3 years ago
7 0

Answer:

$17.02 trillion

Explanation:

The computation of the projected GDP in 2010 is shown below:

= Japan's GDP × (1 + annual growth rate)^difference in years

= $3.67 trillion × (1 + 6.33%)^25

= $3.67 trillion × (1.0633)^25

= $3.67 trillion × 4.6386899679

= $17.02 trillion

The difference in years would be

= Year 2010 - Year 1985

= 25 years

Hence, all the given information is relevant

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Answer:

$233,677,865.61

Explanation:

The computation of the present value of this liability is given below:

As we know that

Future value = Present value ×  (1 + rate)^number of years

So,

Present value = Future value ÷ (1 + rate)^number of years

                       = $568,000,000 ÷ (1 + 6.1%)^15

                       = $568,000,000 ÷ 2.430696628

                       = $233,677,865.61

4 0
4 years ago
Sending products by _____ is the most expensive option available to producers. Answer rail truck ship plane
Anvisha [2.4K]
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8 0
3 years ago
Are leadership and management the same thing?
Fiesta28 [93]
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8 0
3 years ago
Bradford, Inc., expects to sell 11,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is
Delvig [45]

Answer:

$231,000

Explanation:

With regards to the above, the total sales would be;

= Number of units Bradford inc. Is expected to sell × Per unit of ceramic vases

Given that;

Units expected to be sold = 11,000

Per unit of ceramic vases = $21

Total sales

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Since we were asked to get the total sales, we will simply multiply the per units sold with the units expected to be sold. Other information are not useful for the purpose of calculating the total sales.

3 0
3 years ago
Please help me!! due tmrw!!!
Readme [11.4K]

Answer:

High supply, Low demand

Explanation:

If there is a lot of one product that no one wants, they lower the prices to get rid of it

5 0
3 years ago
Read 2 more answers
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