The best answer for this question would be:
<span>b. domestic producers of jet skis are worse off, domestic consumers of jet skis are better off, and the economic well-being of the country rises.
Because originally the jet skis came from the country they originated from so the quality is original and more trusted to the consumers. </span>
Answer:
The initial deposit should be $ 25.46
Explanation:
The Annuity formula is
P=R [1−(1+i)^-n/i]⋅(1+i)
Where
P= Initial deposit
R=Regular Withdraw amount
i=Interest rate
n=Number of years/periods
After entering corresponding values in the formula we get $25.46
so P (which is our initial deposit)=25.46
Answer:
Prepaid insurance.......Dr 3,420
To Insurance expense 3,420
(being only 5 months of expenditure to be charged current year and rest to be show as prepaid expenditure)
Explanation:
The value of current stock price is equal to $57.93
<u>Explanation:</u>
Given dividend = $20 per year
The calculation of current stock price is as follows:
The Stock price at the beginning of 20th year is equal to = $20 divided by 8 percent = 250
Current stock price ( present value ) = 
After calculating, we get, 57.92801
Therefore, the value of current stock price is equal to $57.93 (rounded off to 2 decimal places).
The answer is B. Interest
