2 years ago

Help me pls thankyou

Business

1 answer:

STatiana [176]2 years ago

6 0

D. Since they all add up to 900

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GDP is not affected by Pete's production of the jewelry box.

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Pete is a woodworker and works 20 hours to prepare a jewelry box to gift his wife. If Pete prepares this jewelry box to sell and earn revenue, this will be considered in GDP but in this case Pete prepares a jewelry box to give his wife as his wife's birthday gift.

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Depositing in bank is a better option.

Explanation:

For this solution, we can either determine the interest rate given to George by his one of the friend or the future worth method,

Future worth method is used here,

Given that,

PV = $6,900

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Since, the future worth of investing in bank is more than the money to be offered by the George's friend (16,334.81 > 12,900) and hence, depositing in bank is a better option.

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Please see attachment

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Please see attachment

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2 years ago

Help me pls thankyou​

Help me pls thankyou