<span>Coffee/ sugar cane / bananas
can grow on a small farm, lower startup costs and risks. Countries clear cut natural forests and wildlife to make room for these crops. without export, they cannot sustain the country.</span>
Answer:
D. None of the above
Explanation:
Gross Domestic Product (GDP) is the total monetary value of all the goods and services a country produces within a period of time.
There are various approaches to calculating GDP which include; the income approach, expenditure approach and output approach.
The income approach to calculating GDP considers income from all the factors of production (profits, interest, rental and labor incomes) in each sector of the economy to arrive at the National income of the country.
Answer:
tuition is typically less and it does not earn any degree or certificate
Answer:
b
Explanation:
because you want the employer to know that you learned from your last job
Answer:
a. $80,318.70
b. $97,568.57
Explanation:
Here is the full question :
You have just received a windfall from an investment you made in a friend's business. She will be paying you $ 15 comma 555 at the end of this year, $ 31 comma 110 at the end of next year, and $ 46 comma 665 at the end of the year after that (three years from today). The interest rate is 6.7 % per year. a. What is the present value of your windfall? b. What is the future value of your windfall in three years (on the date of the last payment)?
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $ 15,555
Cash flow in year 2 = $31,110
Cash flow in year 3 = $ 46,665
I = 6.7%
Present value = $80,318.70
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$80,318.70(1.067)^3 = $97,568.57
