Answer:
$693.16
Explanation:
Calculation to determine How much less than your brother will you have to deposit today
Using this formula
FV= Present value × (1 + interest rate)^number of years
Let plug in the formula
First step
$28,000 = Present value × (1 + 0.112)^13
PV= $28,000 ÷ 1.112^13
PV= $28,000 ÷ 3.97522975235
PV= $7,043.618
Second step
$28,000 = Present value × (1 + 0.104)^13
PV= $28,000 ÷ 1.104^13
PV= $28,000 ÷ 3.61907808993
PV= $7,736.777
Now let calculate how much less than your brother will you have to deposit today
Deposit today= $7,736.777-$7,043.618
Deposit today= $693.159
Deposit today=$693.16 (Approximately)
Therefore How much less than your brother will you have to deposit today will be $693.16
Answer:
For Dan, the demand is price inelastic
Explanation:
One of the factors tat affect the quantity demand for a product is the price of the product. According to the law of demand, at lower price more quantity of a product would be purchased than at a higer price, all other this being being equal.
Price elasticity of Demand (PED)
The extent to which a change in price will cause a change in the quantity demand for a product is called the price elasticity of demand. It measures the degree of responsiveness of quantity demand to a change in price.
It is calculated as
PED =% change in quantity demand / % change in price.
For Dan Newspaper , the price elasticity of demand
= 4%/8%
= 0.5
If the PED is greater than 1, the demand is price elastic
If the PED is less than 1 , demand is price inelastic
For Dan, the demand is price inelastic
USDA actually has several stickers/labels/stamps that could have different meanings. However, the sticker most likely indicates that the chicken has passed for inspection while the grading stamp means that the poultry processor also requested to have the quality of the chicken evaluated and graded.
The USDA has separate programs for the inspection and for the grading of meet. The former is mandatory and guarantees the wholesomeness of the meat. This means that the animal from which the meat was taken from is not diseased and that the meat is clean and fit for human consumption. Inspection programs are paid for by public funds.
However, USDA also has a grading program, which is paid for by the meat processors. The grading program checks and classifies the meat according to its quality (e.g. flavor, juiciness, and tenderness). Poultry with a Grade A poultry for example is one which does not have "defects" such as feathers, discoloration and bruising.
<span>It is a precautionary principle when industrial activity poses a risk,
even if the threat is as yet poorly understood, prudence calls for restraint. set
of methods and procedures for aligning corporate strategies, policies, and
operations with principles that protect ecosystems. </span>
I don't really understand your question but it is bad to pay only the minimum towards your credit card, interest rates will keep adding to your bill.