Answer:
The lump sum be of $237,228.84
Explanation:
In order to calculate how large must the lump sum be we would have to use and calculate the formula of Present value of annuity due as follows:
Present value of annuity due=(1+interest rate)*Annuity[1-(1+interest rate)^-time period]/rate
Present value of annuity due=(1+0.075)*$25,000[1-(1.075)^-15]/0.075
Present value of annuity due=$25,000*9.489153726
Present value of annuity due=$237,228.84(Approx)
The lump sum be of $237,228.84
Answer:
The answer to this question is B. It can modify its Web site according to the foreign countries' cultures.
Explanation:
A business environment is all internal and external factor that is capable of influencing organisations decision. While internal environment are mostly within the business itself, external factors are from without which means the business has little or no control
For organisations to succeed in a foreign market, it is required to deal with large society and cultural differences that is practiced in that country.
social - cultural factor is one of the external factors that can influence a business decision from without in the environment in which it operates.
The social cultural factors which includes belief, norms and customs of the people in that environment are what the business should adhere to in other to succeed in such country.
Therefore, modifying its web site according to the foreign country's culture is a step to achieve what has been explained above.
Hence the answer to this question is B It can modify its Web site according to the foreign countries' cultures.
Answer:
The correct answer is C: likely that a court will allow the rescission based on a mistake of fact.
Explanation:
Brian was not aware of that fact that the horse is incapable of breeding at the point he buys it, but Larson assures Brian the horse is healthy. In this light, if Brian sues to cancel the contract with Larson, the court will allow it based on a mistake of fact. This way the court will reduce any civil liability or criminal culpability because Larson might not know that the horse cannot breed, although he is certain that the horse is healthy.
Answer:
$50
Explanation:
For computing the amount which is spent on consumption, first we have to determine the multiplier spending which is shown below:
Multiplier spending = (1) ÷ (1 - MPC)
= (1) ÷ ( 1 - 0.8)
= 1 ÷ 0.2
= 5
And, the government spending is $10
So, the consumption amount spent would be
= 5 ×$10
= $50
Answer:
$4,238.05
Explanation:
The computation of the present value is shown below:
Years Cash flows Discount factor @7% Present value
1 $850.00 0.9345794393 $794.39
2 $1,190.00 0.8734387283 $1,039.39
3 $1,450.00 0.8162978769 $1,183.63
4 $1,600.00 0.762895212 $1,220.63
Total present value $4,238.05
