Answer:
Instructions are below.
Explanation:
Giving the following information:
Value at 18= $4,909
Interest rate= 3%
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
A) Number of years= 7
FV= 4,909*(1.03^7)= $6,307.45
B) Number of years= 47
FV= 4,909*(1.03^47)= $19,694.39
C) Finally, we need to determine the original investment. We need to isolate the present value from the formula:
PV= FV/(1+i)^n
PV= 4,909/(1.03^18)
PV= $2,883.52
Answer:
Subtract all your expenses from your earnings which would be 750,000 - 200,000 -150,000 - 50000 = $350,000 net income
Adverse selection describes situations when high-risk persons are more likely to receive insurance or when one bargaining side has important knowledge that the other does not. Our goal is to influence decision-makers, both inside and outside of government, to consider the future and adopt long-term plans.
When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. Thus, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.
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Answer:
Her mother's trust
Explanation:Since opportunity cost is summarily defined as the value of something that must be put on the line in order to acquire or achieve something else, the opportunity cost for maria choosing to go to the concert is her mother's trust. In other words, she gave up her mother's trust to attend the concert.
The market price of paper Increases: Supply decreases.
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Explanation:</u></h3>
The price and the supply are directly related to each other. This means that when the price of the product increases the supply also increases and vice versa. In the given example, the market for economic textbooks is discussed. The textbook is paperbound.
This means that the supply and the price of the textbook highly depend on the paper price and its marketing conditions. When the market price of the papers increases, it will result in a decrease in the demand that exists for the paper. This ultimately causes the supply of the textbooks to decrease as the manufacturing of textbooks is highly related to the papers.
