Unemployment is studied as a part of

Both you and your older brother would like to have $28,500 in 14 years. Because of your success in this class, you feel that you

Nina [5.8K]

How much less than your brother will you have to deposit today is $1,820.78.

First step

Future value = Present value × (1 + interest rate)^number of years

$28,500 = Present value × (1 + 0.105)^14

Present value= $28,500 ÷ 1.105^14

Present value= $28,500 ÷ 4.04642869977

Present value=$7,043.25

Second step

Future value = Present value × (1 + interest rate)^number of years

$28,500 = Present value × (1 + 0.087)^14

Present value= $28,500 ÷ 1.087^14

Present value= $28,500 ÷3.21524163645

Present value=$8,864.03

Third step

Deposit today=-$8,864.03-$7,043.25

Deposit today= $1,820.78

Inconclusion how much less than your brother will you have to deposit today is $1,820.78.

Learn more about present value here:brainly.com/question/15904086

8 0

3 years ago

In an examination of purchasing patterns of shoppers, a sample of 20 shoppers revealed that they spent, on average, $54 per hour

ZanzabumX [31]

Answer:

Confidence interval for the mean amount = 54+1.645*21/sqrt(16) =(62.64 , 45.36)

Explanation:

confidence interval = mean + z*, where z* is the upper (1-C)/2 critical value for the standard normal distribution.

z score for 90% confidence interval = 1.645

confidence interval for the mean amount = 54+1.645*21/sqrt(16) =(62.64 , 45.36)

5 0

4 years ago

In 3-4 sentences describe how economic liberty helps water the "money tree" in a free enterprise.

il63 [147K]

Answer:

It helps giving you the ability to choose what you think is best for your business

Explanation:

Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).

What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.

Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?

That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.

6 0

4 years ago

Write the planning process for a profession.

Goryan [66]

Answer:

1) Explore career options

2) conduct field research

3) determine your job target

4) Build your credentialsand resume

5) Prepare for your job search

4 0

3 years ago

Advertising, personal selling, sales promotion, and public relations are components of:____.

Dafna11 [192]

Advertising, personal selling, sales promotion, and public relations are components of the promotion mix.

The definition of advertising is the business or practice of making something known to the public, usually through some form of paid media. An example of advertising is a company that specializes in designing and executing newspaper advertisements for other companies products.

Definition: Advertising is a means of communicating with users of a product or service. Advertising is defined by the British Advertising Council as a message intended to inform or influence the recipient for a fee paid by the sender. Ads are made to get people to do something.

Learn more about Advertising at

brainly.com/question/1020696

#SPJ4

4 0

2 years ago