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asambeis [7]
3 years ago
14

Find the principal needed now to get the given​ amount; that​ is, find the present value.To get $ 90 after 2 and three fourths y

ears at 6​% compounded continuouslyThe present value of $ 90 is $ nothing .​(Round to the nearest cent as​ needed.)
Business
1 answer:
Kisachek [45]3 years ago
6 0

Explanation:

For continuous compounding, we use the following formula

FV_{N} = PVe^{i  N}

<u>Scenario 1 : </u>

FV = $ 90

N = 2 years

I = 6%

PV= ?

FV_{N} = PVe^{i  N}

90 = PVe^{(0.06) (2)}

\frac{90}{e^{(0.06) (2)}}  = PV

PV = 79.8228

PV = $ 79.82

<u>Scenario 2:</u>

FV_{N} = PVe^{i  N}

90 = PVe^{(0.06) (3)}

PV = $ 75.17

<u>Scenario 3:</u>

FV_{N} = PVe^{i  N}

90 = PVe^{(0.06) (4)}

PV = $ 70.80

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Answer:

There is no short answer.

Explanation:

We are given an article that presents a study that suggests adults who played varsity sports in high school have a 20% higher chance of earning a bachelor's degree in college than the ones who did not play during high school.

The outcome variable in this example, which is also the same as a dependent variable, is the chance of graduating from college with a bachelor's degree, which depends on whether that person played varsity sports during their high school years or not.

The treatment variable in this example, which is also the same as an independent variable, is whether the subject played varsity sports in high school or not which affects their chances of graduating from college with a bachelor's degree.

Counterfactual means thinking about an event in a way that did not actually happen, counter to the facts and it helps people feel more in control which in turn provides a psychological soothing effect. Counterfactual scenario in the given example for high school athletes would be not being able to earn a bachelor's degree despite having played sports in high school.

Thinking about the counterfactual scenario is important because it helps people get a sense of power and a feeling of control which is a primal instinct the brain needs to feel safe.

I hope this answer helps.

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3 years ago
The purpose of the news media is to do which of the following?
wolverine [178]

<u>Answer:</u>

<em>The purpose of the news media is to </em><u><em>provide information </em></u>

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A common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.

<h3>Why was the common market formed?</h3>

Through the removal of the majority of trade barriers and the development of a unified external trade strategy, the EEC was created with the goal of establishing a common market among its members. In order to shield EEC farmers against agricultural imports, the treaty also called for the creation of a unified agricultural policy, which was implemented in 1962.

A free trade zone with a reasonably unrestricted circulation of goods and services is referred to as a common market. When it was a regional organization from 1958 to 1993, the European Economic Community was known as the "Common Market."

In a customs union, all or almost all of a country's imports, exports, and transiting commodities are subject to the same set of processes, regulations, and tariffs. Customs union participants typically have similar trade and competition laws.

Learn more about Common market here:

brainly.com/question/15242077

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Ion know and I wish I did good luck lol
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