3 years ago

What is definition of culture?

2 answers:

8 0

The detention of culture is the diversity of foods religion and heritage built into a single race built on beliefs and traditions

STatiana [176]3 years ago

8 0

Culture refers to the way of life

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You have won the lottery. You will receive $2,420,000 today, and then receive 40 payments of $1,210,000 These payments will star

sp2606 [1]

Answer:

The present value of the cash flows from your lottery winnings is $11,132,000.

Explanation:

Present Value of Lottery = $2,420,000

Annuity periods = 40

Present Value of annuity = P ( ( 1 - ( 1 + r / m )^-mt ) / r )

Present Value of annuity = 1,210,000 ( ( 1 - ( 1 + 0.09/2 )^-40 ) / 0.09 )

Present Value of annuity = 1,210,000 x 9.20

Present value of cash flow = $11,132,000

The present value of the cash flows from your lottery winnings is $11,132,000.

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3 years ago

Money is not considered to be an economic resource because

AveGali [126]

it cannot be used by itself to produce anything as it is a medium of exchange for economic resources.

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3 years ago

In some cases, it is safe to avoid insurance because it is too expensive. it may not be needed. only one person is at risk. one

Dafna1 [17]

In some cases, it is safe to avoid insurance because it may not be needed.

<h3>What is insurance?</h3>

Insurance is when a third-party promises to indemnify the insured for losses they might suffer in the future in exchange for agreed upon payments.

For example, a person may take a catastrophic insurance. If an earthquake or a flood occurs, the insured would be paid.

To learn more about insurance, please check: brainly.com/question/17548705

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2 years ago

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Compute the net present value of a $260,000 investment with a 10-year life, annual cash inflows of $50,000 and a discount rate o

Oksana_A [137]

Answer:

NPV= $22,511.15

Explanation:

<u>First, we need to calculate the present value of the cash flows ∑[Cf/(1+i)^n]:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {50,000*[(1.12^10) - 1]} / 0.12

FV= $877,436.75

PV= FV/(1+i)^n

PV= 877,436.75/1.12^10

PV= $282,511.15

<u>Now, the net present value, using the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

NPV= -260,000 + 282,511.15

NPV= $22,511.15

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3 years ago

When a person with curly hair goes outside on a humid day nothing happens

Svetach [21]

Answer:

Is there a question or what?

Explanation:

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3 years ago

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