Answer:
We should accept offer 2 because the amount <u>today</u> is higher than offer 1.
(offer 1 is $89,500, offer 2 is 91305)
Explanation:
To get the right answer we have to compare the 2 offers in the same moment of time. We use interest formula to bring the future amount to this moment.
First offer is for $89,500 today
Second offer is $35,000 today and $70,000 in two years discount rate is 11.5.
The formula of interest is A=P (1+r)ⁿ
A=Final amount
P= Principal ( deposit)
r= interest rate
n= time
We know A, r and n
Looking for P,
then P= A/(1+r)ⁿ
P= 70000/(1+0,115)²
=56305
Offer 2 is =35000+56305=91305
Answer:
bar graph
Explanation:
a graph that uses vertical or horizontal bars to display data
Answer: More, Right
Explanation:
Appreciaton of a currency means the value of the currency has increased. When the pound sterling appreciates against the United States dollar, England will buy more of the products in the United States because the goods are cheaper when compared to their own currency.
Due to the increase in the United States product bought by England, the aggregate demand curve of the United States shifts to the right. The shift to the right of the aggregate demand curve shows that there is an increase in demand.
Answer:
$1,680
Explanation:
Based On the information given if on July 1 the company paid the amount of $3360 as a premium on a year insurance policy which as well include benefits beginning on that date, What will be the insurance expenses on the annual income statement for the first year ended December is $1,680 Calculated as:
Insurance expenses=6/12*$3360
Insurance expenses=$1,680
Therefore What will be the insurance expenses on the annual income statement for the first year ended December is $1,680
Answer: Batch
Explanation:
Batch processing refers to the method whereby high-volume, and repetitive data jobs are being run. The batch method enables the users to be able to process data when there's availability of computing resources and there's minimal user interaction.
From the question, since the system falls in the area of low volume and low standardization, but isn't at the extreme left (lowest) point, then the batch processing is recommended.
