Answer:
Future Value= $4,189.30
Explanation:
Giving the following information:
Investment= $700 annual
Interest rate= 9%
Frances decides that she will continue to do this for the next 5 years.
To calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {700*[(1.09^5)-1]} / 0.09
FV= $4,189.30
The model shows that households earn money when <u>Firms </u>purchase <u>Factors </u>in factor markets.
<h3>Interaction between the Household and a Firm </h3>
- Households buy goods from firms thereby passing income to firms.
- Firms buy labor from households.
Households therefore earn an income when firms decide to go to the factor market and buy a factor such as labor from households.
In conclusions, households and firms are interconnected.
Find out more on this interaction at brainly.com/question/1433471.
With the information given in the problem, we know that 80% of the time the brand will be recognized.
As we know, 8/10 is the same thing as 80%.
The probability that exactly 8 people will recognize the brand is 100%.
Let me know how this works out.
Answer:
$5
Explanation:
Unit labour cost = $50,000 / 10,000 = $5
I hope my answer helps you
Answer:
3.28%
Explanation:
Current yield = Annual Coupon payment / Market price of the bond
Annual Coupon payment = 3.25% of face value = 3.25% * $100
= $3.25 "value is assumed at $100"
Market price of the bond = $99.04
Therefore
, Current yield = $3.25 / $99.04
= 0.03281
= 3.28%
