Can you be more specific? I need a question and I need a close up ! Lol but I’m trying to help.
<span>Given the Keynesian equation C=A+MD, we find 10000 + (0.8 x 60000) = $58000. M is the Marginal propensity to consume, the A is the Autonomous consumption, and D is disposable income, giving Annual consumer spending as C.</span>
Answer: DB = 9 I think.
Step-by-step explanation:
Based on the amount that Steve Weatherspoon wants to withdraw every year beginning in June 30, 2024, and the interest rate, the balance on June 30th 2023 should be $45,203.
<h3>What should the balance be in 2023?</h3>
The fact that Steve Weatherspoon wants to be able to withdraw a particular amount every year, this makes this amount an annuity.
The value in 2023 would therefore be the present value of the annuity that will then accrue to the required amounts as the years go by.
The present value of an annuity is:
= Annuity amount per year x Present value interest factor of an annuity, 11%, 3 years between 2024 and 2027
Solving gives:
= 13,126.25 x 3.44371
= $45,203
In conclusion, the balance on the fund in 2023 should be $45,203 in order for Steve Weatherspoon to achieve his objectives.
Find out more on the present value of an annuity at brainly.com/question/25792915
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Answer:
Ratio = 5/3
The ratio (larger to smaller) of the perimeters is 5/3
Step-by-step explanation:
Attached is an image of the two triangles.
Since both triangles are similar, the ratio of their perimeter is equal to the ratio of each similar sides.
Ratio = P1/P2 = S1/S2
Similar side for triangle 1 S1 = 15ft
Similar side for triangle 2 S2 = 9ft
Substituting the values;
Ratio = 15ft/9ft = 5/3
Ratio = 5/3
The ratio (larger to smaller) of the perimeters is 5/3
