<span>A rapid increase in the money supply may lead to a "Deflation"
Hope this helps!
</span>
Answer:
a-1 Present value = 6,177.39
a2- Present Value =6,227.79
a3- Choose the payment stream with the highest present value = a2
b1- Present Value=3,353.98
b2-Present Value=2,805.28
b3-Choose the payment stream with the highest present value = b1
Explanation:
a-1 describes an ordinary annuity whose present value is calculated as follows:
![Present value =PMT*\frac{[1-(1+i)^-^n]}{i}](https://tex.z-dn.net/?f=%20Present%20value%20%3DPMT%2A%5Cfrac%7B%5B1-%281%2Bi%29%5E-%5En%5D%7D%7Bi%7D)
where PMT=$800; i= 5%, n= 10
= 6,177.39
a2-
= 6,227.79
a3- If I were receiving these payments annually, I would prefer the payment stream with the highest present value ie a2 -Annual payment of $600 for 15 years at 5% interest.
b1-
= 3,353.98
b2-
=2,805.28
b3- f I were receiving these payments annually, I would prefer the payment stream with the highest present value ie b1- Annual payment of $800 for 10 years at 20% interest.
Most likely a Command economy.
Positive outcome would be having a good time with your friend and negative consequences would be getting in trouble if caught and or banned from going to football games
Answer:
98,760 Czech korunas for 6,000 Singapore dollars
Explanation:
For computing the number of Koruna she is able to exchange first we have to determine the Singapore dollar exchange rate in Czech koruna which is
= Singapore dollar exchange rate ÷ Czech exchange rate
= 0.790 ÷ 0.048
= 16.46
And, there are 6,000 Singapore dollars in her pocket
So, the number of Koruna she is able to exchange is
= 16.46 × 6,000 Singapore dollars
= 98,760 Czech korunas for 6,000 Singapore dollars