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Leya [2.2K]
3 years ago
5

Explain any four consumer rights as stipulated in the CPA​

Business
2 answers:
Whitepunk [10]3 years ago
5 0

It’s a bill that has/says that every person has four basic consumer rights. Which are -“the right to be informed, the right to choose, the right to safety, and the right to be heard. ”

Inga [223]3 years ago
3 0

Answer:

The right to be informed, the right to choose, the right to safety, and the right to be heard.

Explanation:

These rights received a lot of attention from the consumer movement, a movement to pass laws protecting consumers from unfair and unsafe business practices.

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Twenty years ago, you won a state lottery, and you received $15,000 at the end of each of the next 10 years, and $20,000 at the
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<h3>What is the value at the end of 20 years?
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The formula for calculating future value of annuities is: yearly amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

  • r  = interest rate
  • n = number of years

Annuity factor for the first ten years = [(1.09^10) - 1] / 0.09 = 15.19293

15.19293 x $15,000 = $227,893.95

Annuity factor for the last 5 years = [(1.09^5) - 1] / 0.09 = 5.9847

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Future value of the lump sum of  $227,893.95 in 10 years =  $227,893.95 x (1.09^10) = 539,507.86

Future value of the lump sum of $119,694.21 in 5 years = $119,694.21 x (1.09^5) = $184,164.38

Value in year 20 =  $184,164.38 +  539,507.86 = $723,672.24

To learn more about annual annuities, please check: brainly.com/question/24108530

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4 0
2 years ago
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Xelga [282]

There are different and incompatible economic goals. (APEX Class ;)

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