We will have to construct an amortization table as shown below to calculate the principal payment in the 4th payment
Month Payment Interest Principal Outstanding
0 175000.00
1 1135.05 984.38 150.68 174849.33
2 1135.05 983.53 151.52 174697.80
3 1135.05 982.68 152.37 174545.43
4 1135.05 981.82 153.23 174392.20
As per the above table. principal payment in the 4th payment = $153.23
Answer: A
Explanation: capital accumulation is increasing the capital structure of a society in form of profitable investments. means the gathering of objects of value; the increase in wealth; or the creation of wealth. And this can be enhance by motivating the public to sacrifice some consumer goods for some industrial good or asset.
I think the correct answer among the choices listed above is option C. Ford's mass-production method on a moving line was called an assembly line. It allowed the company Ford to produce automobile faster compared to before.
Hope this answers the question.
One argument for is that exports help improve the terms of trade of a country and also opens markets for domestic producers, meaning they can grow, employ more workers, earn more income, etc. Another argument for is that it increases competition, as there are goods coming in from all corners of the world, which may pressure domestic pressures to be more competitive and innovative with their products, improving its quality and product choice.
An argument for protectionism could be that imports may actually be harming domestic producers, which as we can see from President Trump's rhetoric, we can deduce that cheap imports from China will take sales revenue away from American producers and potentially cause them to lose customers and close down. Another argument for is that quotas and tariffs will make imports more expensive, which may make domestic products more price competitive.
Regarding the opinions, come up with it yourself. Think of the pros and cons and make a balanced judgement.
Answer:
B. $323,900.00
Explanation:
Nper = 300 periods
Rate = 8%/12
FV = 0
PMT = $2500
Amount to be Accumulated = PV(Rate,Nper,PMT,FV)
= PV(8%/12,300,2500,0)
= $323911.31
Therefore, The amount to be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for 25 years is $323,900
.