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steposvetlana [31]
3 years ago
5

Northeastern cities are important trade centers. Which of the following statements does not correctly describe the economic role

of a northeastern city?
A)Philadelphia is an important industrial center containing factories producing a variety of goods.
B)New York City is considered the financial capital of the United States.
C)Boston is a leading center for academic research as well as medical schools and hospitals.
D)Providence is a major producer of wheat and other grains.
Business
1 answer:
Advocard [28]3 years ago
5 0
Northeastern cities are important trade centers.
T<span>he following statement does not correctly describe the economic role of a northeastern city.
</span>D. Providence is a city not a county where there are farms.
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What is the present value of a constant perpetuity of 25 per year where the required rate of return is 5%
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Answer:

The present value of a constant perpetuity of 25 per year where the required rate of return is 5% is:

$500

Explanation:

a) Data and Calculations:

A constant perpetuity = $1

Present value factor of a constant perpetuity for 25 per year at 5% is $1/0.002

Number of periods for the perpetuity per year = 25

Required rate of return = 5%

Rate of return per period = 5%/25 = 0.002

Therefore, the value of a constant perpetuity = $1/0.002

= $500

The $500 can be used to multiply any amount given obtain the total value of the perpetuity.

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Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.

<h3>What is aided recall?</h3>

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Inconclusion this is an example of Aided recall.

Learn more about Aided recall here:brainly.com/question/24106562

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