Answer:
seems to be fine the way you did it.
*confirmed*
Current demographic trends show that the number of dependents that people choose to have is <u>Decreasing</u>.
<h3>What is the trend in dependants?</h3>
A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.
The top reasons for this include more education and increased economic hardship.
Find out more on trends in population growth at brainly.com/question/521129.
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If the exchange rate for mexican pesos has changed from 10 pesos to 9 pesos per dollar, The value of the Peso has increased.
This current situation meant in order to obtain the same amount of Peso, US dollar's holders need to sacrifice more amount of US dollar. This indicates either Mexican's economy is improving or United States economy is deteriorating.
Answer:
(A) 2330
Explanation:
The present value of John's annuity = $2,500 x 7.24689 (PVIFAnnuity due, 8%, 10 periods) = $18,117.23
Jeff deposited $18,117.23 x 1.09 = $19,747.78
The annual dsitribution = $19,747.78 / 8.55948 (PVIFA, 8%, 15 periods) = $2,307.12
Since I used annuity factors, the answer is only an approximation. The closest option is (A)