Answer:
The answer is "21%".
Explanation:
The calculation for this question is define in attached file please find it.
The limitations of GDP. GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. However, it has some important limitations, including: The exclusion of non-market transactions.
Answer:
1.30%
15.60%
16.77%
Explanation:
The monthly return is the amount payable monthly divided by the current price of the investment vehicle.
monthly return=$1500/$115,000=1.30%
Annual percentage return=monthly return*12=1.30%
*12=15.60%
Effective annual return=(1+1.30%)^12-1
EAR=1.167651776
-1
EAR=16.77%
Answer:
Depletion expenses for the first year is $210736.840
Explanation:
Depletion expenses= (Cost of coal mine - residual value) / Total tons of coal * tons extracted
=(1,001,000 - $0) / 57,000 tons * 12,000 tons
=$210736.8421
=$210736.840