Woodrow Wilson was really one of the first major economically liberal presidents in the sense that he was proactive in fighting trusts, inflation, and corruption in big business.
Answer:
a. The services of a commercial painter in painting the family home.
No, Not Included , As no monetary/payment transaction is involved for service provided.
b. An auto dealer’s sale of a new car to a non-business customer.
Included , As the sale of car has happened to the final consumer
c. The money received by Smith when she sells her biology textbook to a used-book buyer.
Not included , as nothing new is produced in the economy
d. The publication and sale of a new economics textbook.
Included , As new books are produced in the economy
e. A $2 billion increase in business inventories.
Included, as this new inventory is produced during this year.
f. Government purchases of newly produced aircraft.
Included , As it's production took place this year and government is final consumer.
Answer:
So you can be prepared to handle future responsibilities about finances.
Explanation:
One prime example would be when you go to college you need to make decisions whether to keep the money or give it away for some fragile reasons/needs. Maintaining a checking account instills the habit to grow & safeguard the savings you might make working after school. Just my two cents! :)
Answer:
$63.56 million
Explanation:
We are to find the present value of the cash flows in order to determine the value of the contract today
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 0 = $4.00 million
Cash flow in year 1 = $12.09 million
Cash flow in year 2 = $13.36 million
Cash flow in year 3 = $14.17 million
Cash flow in year 4 = $15.26 million
Cash flow in year 5 = $16.43 million
I = 6%
Present value = $63.56 million
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute