Answer: 15.42%
Explanation: PV ( present value) = $21,320
FV (Future Value) =$ 32.1 million.
Years(y) = 1947-1998 = 51years
r = (FV/PV)^(1/y) - 1
r = ( $32,100,000 / $21,320) ^ ( 1/51) - 1
r = ( $1505.6285)^ ( 0.0196) - 1
r = 1.15421 - 1
r = 0.0154205 X 100%
r = 15.42%
That’s like the quarantine lol but just a bit higher
Answer:
1,250 on weekdays and 800 on weekends
Explanation:
During weekdays, each visitor views Ms. Liu's page twice, so the total number of visitors per day = 500 daily views / 2 views per visitor = 250 visitors per day. To calculate the total number of visitors for the five weekdays = 250 visitors per day x 5 days = 1,250 visitors
During weekends, each visitor views Ms. Liu's page three times, so the total number of visitors per weekend day = 1,200 daily views / 3 views per visitor = 400 visitors per day. To calculate the total number of visitors for the two weekend days = 400 visitors per day x 2 days = 800 visitors
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<u>Answer -</u></h3>
If one has been running a successful art and framing shop for three years and has decided to allow others to use his/her business name materials and methods in operating their own business for a fee. It may be called as a franchise agreement.
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<u>Explanation -</u></h3>
A franchise agreement allows the business owner to use the licensor's brand and method of doing business. The franchisor is the original or existing business owner who allows the other one to use his/her business name materials and methods in operating their own business.
A certain amount of fees is to be paid by the franchisee that may be called in the layman’s language as the licensee, who is supposed to pay the fee to the licensor (franchisor) are exchanged for the rights to use the franchisor's name is for a specific number of years.
