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2 years ago

How did the New Deal change things for American Workers?

1 answer:

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The New Deal changed the role of government completely. Before the New Deal, government had essentially no role in steering the economy or in providing for the people. After the New Deal, the government has come to play a huge role in both of these things.

Before the New Deal, the government was expected to be more or less laissez-faire. It was supposed to just stay out of the way and let the economy rise or fall "naturally." If people were too old to work, they needed to rely on family. If a bank failed, its depositors were out of luck. The New Deal changed all of that.

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An investment offers $6,400 per year for 15 years, with the first payment occurring one year from now. If the required return is

yawa3891 [41]

Answer:

PV= $62,158.4

Explanation:

Giving the following information:

Annual payment= $6,400

Number of periods= 15 years

Interest rate= 6% = 0.06

First, we need to calculate the future value using the following formula:

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

A= annual payment

FV= {6,400*[(1.06^15) - 1]} / 0.06

FV= $148,966.21

Now, the present value:

PV= FV/(1+i)^n

PV= 148,966.21 / (1.06^15)

PV= $62,158.4

4 0

3 years ago

In 1972, computer scientist ________ recognized that digital devices would change the world as they evolved and became widely us

marishachu [46]

In 1972, computer scientist Gordon Bell recognized that digital devices would change the world as they evolved and became widely used.
Gordon Bell was an American electrical engineer and manager. He was responsible for the first mini- and timesharing computers and is famous for his development of DEC's highly-successful VAX architecture.

5 0

2 years ago

WILL MARK BRAINLIEST!

Sphinxa [80]

Answer:

B. Cash in Bank account (debit) Interest on Loan account credit)

8 0

2 years ago

The lack of competition within a monopoly means that

nexus9112 [7]

The company could make the prices as high as they want. This is also means the company basically rules the business.

5 0

3 years ago

Read 2 more answers

On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years or 50,0

Aneli [31]

Answer:

Accumulated depreciation= $276,000

Explanation:

Giving the following information:

On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.

Depreciable value= 700,000 - 10,000= 690,000

Straight-line depreciation= 690,000/5= $138,000

Accumulated depreciation= 138,000*2= $276,000

5 0

3 years ago