Answer:
$62,267.91
Explanation:
first we must calculate the interest rate = 10% + 6% + (10% x 6%) = 16.6%
now we can use the present value formula:
present value = future value / (1 + rate)ⁿ
present values for:
- cash flow year 0 = $17,100
- cash flow year 3 = $46,500/1.166³ = $29,333.06
- cash flow year 4 = $12,300/1.166⁴ = $6,654.43
- cash flow year 7 = $26,900/1.166⁷ = $9,180.42
total present value = $62,267.91
Answer:
social bookmarking sites
Explanation:
Reddit, Digg and StumbleUpon are all Web sites dedicated to social bookmarking.
They fetch the contents from other Web sites and encourage their users to share their preferences on what they like and see all over the Internet with their friends.
They're not social networks per say because people aren't directly in contact with each other, only through their shared contents.
They're not tech blogs, because they rarely have any original contents and they're not targeting only technologies.
They're not video sites either, because they're sharing all kinds of contents.
Answer:4
Explanation:The total in 4 months would equal 360
Answer:
A trade-off is the actual alternative option that is given up, while the value of this alternative option is the opportunity cost. ... Marginal cost is the cost of using one more unit of a good or service, and marginal benefit is the benefit or satisfaction received from using one more unit of a good or service.
Explanation:
Answer:
B. 16.53%
Explanation:
The effective interest rate is the real interest rate charged by a bank or any other type of lender on a loan.
the formula to calculate effective interest rate = r = (1 + i/n)ⁿ - 1
r = [1 + (15.3%/365)³⁶⁵] -1 = 1.00419178³⁶⁵ - 1 = 1.165287621 - 1 = 0.165287621 ≈ 16.53%
