Answer:
If we use the data of january then the quation of line is
y=mx+c
3500=40000m+2000
3500 is the value on Y axis, 40000 is the value on x axis, m is the slope of the line, 2000 is the Y intersect
the slope of the line will be 3/80 or 0.0375 and this tells the line is positive sloping.
Answer:
4. compounding daily
Explanation:
The higher the compounding rate , the higher the compound interest. Compounding daily would therefore yield the highest amount of money.
I hope my answer helps you
Answer:
The value of this inheritance today is <u>$30,541.12</u>.
Explanation:
Since the $2,400 is to be received the first day of each year, this is shows that this an annuity due and the relevant formula to use is the formula for calculating the present value (PV) of an annuity due given as follows:
PV = P * [{1 - [1 / (1 + r)]^n} / r] * (1 + r) .................................. (1)
Where ;
PV = Present value or the value of this inheritance today =?
P = Annual receipt = $2,400
r = discount rate = 6.75%, or 0.0675
n = number of years = 20
Substituting the values into equation (1) above, we have:
PV = $2,400 * [{1 - [1 / (1 + 0.0675)]^25} / 0.0675] * (1 + 0.0675)
PV = $2,400 * 11.9208107635642 * 1.0675
PV = $30,541.12
Therefore, the value of this inheritance today is <u>$30,541.12</u>.
<u>Answers:</u>
1. If Anderson works 37 hours each week as a clerk at the county courthouse, he is supplying labor in an input market. Anderson is considered as household.
2. If Mei Lin purchases a 3-week Mediterranean cruise vacation for her parents, the cruise ship company is supplying a service in the output market.
3. The cruise ship company is considered as firm.
4. If Caterpillar doubles employment at its Huntsville, Alabama factory, Caterpillar is demanding labor in the input market.
5. Caterpillar is considered a firm.
6. If the Greyson family sells their 250-acre ranch to Marriott, so Marriot can build a new resort and golf course, the Greyson family is supplying land in an input market.
7. The Greyson family is considered household.
<u>Explanation:</u>
Households provide the demand for the goods and services in the market. Households also provide inputs to the firms in the form of labor. The households earn wages through supply of labor to the labor market. Firm is any business organisation that sells goods or services to make profits. Firms take labor as input from the households. Firms supply goods and services for the households.
Input means taking things into firm while output means giving out a product or service to households.
Answer:
Cognitive feedback technique.
Explanation:
Cognitive feedback technique is used to train the person about how and why were given results attained. This is done in order to train the subordinate to easily handle any similar situations in the future. This is basically a guiding technique that is used to guide the subordinates by developing their cognitive ability to deal with the upcoming similar challenges.
