Answer:
True
Explanation:
There are two types of annuity, ordinary annuity and annuity due.
The ordinary annuity is calculated as:
Future Value = 
Whereas Future Value of annuity due is calculated as:
Future Value = (1 + i) 
That is (1+i) Future Value of ordinary annuity.
Therefore, the provided statement is true.
Answer:
D. rises; right; rises
Explanation:
When the price level rises, the demand curve for money shifts to the right and the interest rate rises, everything else held constant
This is true.................
Answer:
b) 156
Explanation:
Total utility is the total amount of satisfaction received by a consumer after consuming a given quantity of a product or service. In this question there is the total utility of five product.
Total utility = 162
utility of fifth product = 6
Total utility of other four products = Total utility - utility of fifth product
Total utility of other four products = 162 - 6 = 156
Answer: When a company is able to offer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base, as well.
A franchise is a kind of a license which allows the party who acquires it (franchisor) access to an business' (franchisor's) proprietary knowledge and processes in order to sell products or provide services under the franchisor's name.
A franchisee associates itself with a well proven business model and gains access to the franchisor's customer base. Additionally, the franchisor provides assistance by training the franchisee and his personnel to provide a uniform product or service experience to customers across all the stores.
All these factors help in eliminating business risk and this constitutes a real advantage to a franchise.
