Answer:
I will save $26,390
Explanation:
A fix Payment for a specified period of time is called annuity. The Compounding of these payment on a specified rate is known as Future value of annuity. In this question $1,175 per year payment for 15 years at 5.53% interest rate is also an annuity.
We can calculate the amount of saving by calculating the future value of the given annuity.
Formula for Future value of annuity is as follow
Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r
Where
P = Annual payment = $1,175
r = rate of return = 5.53%
n = number of years = 15 years
Placing Value in the formula
Future value of annuity = FV = 1,175 x ( [ 1 + 5.53% ]^15 - 1 ) / 5.53%
Future value of annuity = FV = 1,175 x ( [ 1 + 0.0553 ]^15 - 1 ) / 0.0553
Future value of annuity = FV = $26,390
Answer: c. Need recognition
Explanation: Mary has just proceeded through the need recognition stage of consumer decision making. This is because she discovered an issue that needed to be resolved that affected her ability to be in contact with her clients. The need recognition stage of consumer decision making as the first stage of the consumer decision making process refers to the instance where a consumer recognizes that a need exists that needs to be satisfied. The need can be triggered by internal stimuli or external stimuli. Mary researched what kind of need she has, what brought it about, and possible ways to deal with the need.
Answer:
$12,500
Explanation:
Assets are classified under current and fixed categories. Among items that Granger owns, a boat is an asset; specifically a fixed asset since it can be utilized over a year. Same reason for a car, which is also a fixed asset. Tools help in operating a business hence considered fixed assets as they can be utilized for more than a year. The total value of assets is (4000+8000+500)
Total value = $12,500
Answer:
a short-run equilibrium but not a long-run equilibrium.
Explanation:
The long run aggregate supply and aggregate demand when intersect they determine the economy level of equilibrium. This will determine real level of GDP and prices in the long run. The short run supply curve is upward sloping. It determines the quantity of the output that will be produced at each level of price in the short run.
The question is not properly organised and is asking what the following action means, see below proper sequence:
1. A candidate recalling all the good things he has done, and omitting facts that would justify his defeat debating team is called (…).
2. Giving the impression that everyone is involved so the listener would feel the "danger" of missing out is (…).
3. An organized group that competes with others in the art of debate is (…).
4. Without any danger of error; basing actions on the truth is (…).
5. To inform and make known the opinions and feelings of oneself is (…).
Answer:
1. card-stacking
2. bandwagon
3. a debating Team
4. factually
5. propagandizing
