Answer:
The opportunity cost of that decision is - $250,000
Explanation:
For computing the opportunity cost, we have to use the formula of opportunity cost which is shown below:
= Return of project which is not chosen - the return of a chosen project
= $750,000 - $1,000,000
= - $250,000
Since in the question, it is given that the chosen project is X so we write the project X amount in the formula and the not chosen project of-course is Y.
Hence, the opportunity cost of that decision is - $250,000
Answer:
Present value (PV) = $3,000
Interest rate (r) = 6% = 0.06
Number of years (n) = 2 years
Future value (FV) = ?
FV = PV(1 + r)n
FV = $3,000(1 + 0.06)2
FV = $3,000(1.06)2
FV= $3,000 x 1.1236
FV = $3.370.80
Explanation:
In this case, there is need to compound the present value for 2 years at 6% interest per annum. The formula to be applied is the formula for future value of a lump sum (single investment).
They need to have work related knowledge.
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For equipment purchased from the United States, European businesses will pay less in euros.
<h3>What would happen if the US dollar increased in value relative to the euro?</h3>
The dollar now "buys" more euros if the exchange rate between the two currencies rises to $1 for 0.94€. As a result, purchasing European items is now more affordable. As U.S.-made goods are now more expensive, U.S. exports would decrease while imports from nations that use the euro would increase.
<h3>What causes the value of the US dollar to rise?</h3>
An increase in the value of one currency in comparison to another is known as currency appreciation. For a variety of factors, including governmental policies, interest rates, trade balances, and business cycles, currencies appreciate against one another.
learn more about dollar is said to appreciate against the euro here brainly.com/question/13825174
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