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motikmotik
3 years ago
7

An annuity is defined as a series of payments of a fixed amount for a specific number of periods. Thus, $100 a year for 10 years

is an annuity, but $100 in Year 1, $200 in Year 2, and $400 in Years 3 through 10 does not constitute an annuity. However, the entire series does contain an annuity. Is this statement true or false?
Business
1 answer:
valkas [14]3 years ago
7 0

Answer:

The answer is True

Explanation:

An annuity is a fixed amount paid at equal intervals.

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How can zoning laws be beneficial to a city’s residents?
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Zoning laws can be beneficial to a city's residents THEY CAN PREVENT NEW DEVELOPMENT THAT WOULD HARM ESTABLISHED RESIDENTS.

Zoning laws states how a property in a certain zone will be used. It specifies which zones are for commercial or residential use. Zoning laws may also specify the sizes of the lots, placement, bulk, and height of the structures. 
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3 years ago
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Which statement best describes the variety of workplaces commonly found in the Health Science career cluster? A. Workplaces in t
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People who work in Health Science career clusters can expect a career that deals with promoting health to treating diseases. Some examples of professions in this cluster include dietitians, neurologists, and biomedical engineers. With a wide variety of professions that are included in this cluster, the workplaces where these individuals can work are also equally as diverse.

Thus, the best answer for the question is (C) workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices.

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3 years ago
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Sandhill Company reports the following operating results for the month of August: sales $382,500 (units 5,100), variable costs $
Vesnalui [34]

Answer:

Results are below.

Explanation:

Giving the following information:

Sales $382,500 (units 5,100 $75 per unit)

variable costs $245,000 (48.04 per unit)

fixed costs $98,000.

Option 1:

Increase selling price by 16%.

New selling price= 75*1.16= 87

Sales= 5,100*87= 443,700

variable costs= (245,000)

fixed costs= (98,000)

Net income= 100,700

2. Reduce variable costs to 59% of sales.

Contribution margin= (382,500*0.41)= 156,825

fixed costs= (98,000)

Net income= 58,825

T<u>he most profitable option is the first one.</u>

3 0
3 years ago
An assembly line is an example of which type of labor strategy? (Select the best answer.) An assembly line is an example of whic
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Answer:

Division of labor

Explanation:

Division of labour is an economic concept which states that dividing the production process into different stages enables workers to focus on specific tasks. If workers can concentrate on one small aspect of production, this increases overall efficiency – so long as there are sufficient volume and quantity produced.

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3 years ago
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When a buyer’s willingness to pay for a good is equal to the price of the good, a. the buyer’s consumer surplus for that good is
igomit [66]

Answer:

a. the buyer’s consumer surplus for that good is maximized.

Explanation:

The consumer will purchase up to the moment at whose preference price matches the market price.

Because of the diminished return theory, the following unit (k+1) will have a lower benefit to the consumer thus, it will have purchased only if the price is lower. Therefore, it will not purchase as the market price is the same as the previous unit but the consumer benefit is lower.

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