Answer:
Total FV= $21,043.97
Explanation:
Giving the following information:
Interest rate= 7% compounded annually
<u>To calculate the total accumulated future value, we need to use the following formula on each deposit:</u>
FV= PV*(1+i)^n
Deposit 1= 3,500*1.07^5= 4,908.93
Deposit 2= 5,300*1.07^4= 6,947.22
Deposit 3= 7,500*1.07^3= 9,187.82
Total FV= $21,043.97
A strength of the market economy is that resources are used efficiently.
<h3>What is a market economy?</h3>
- A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.
- The existence of factor markets that control the distribution of capital and the elements of production is a key feature of a market economy.
<h3>What are a market economy's four characteristics?</h3>
- A market economy is characterized by private property, freedom, self-interest, competition, and minimal government involvement.
- In a market economy, supply and demand are the driving forces.
Learn more about the market economy here:
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Answer:
Fixed costs are the relatively stable, ongoing costs of operating a business that are not dependent on production levels. They include general overhead expenses such as salaries and wages, building rental payments or utility costs. Variable costs, meanwhile, are those directly related to, and that vary with, production levels, such as the cost of materials used in production or the cost of operating machinery in the process of production.
Total production costs include all the expenses of producing products at current levels. As an example, a company that makes 150 widgets has production costs for all 150 units it produces. The marginal cost of production is the cost of producing one additional unit.
Answer:
Hi
The effect on sperm production will depend on the type of medication the person is taking, for example, in the case of antipsychotic medications, in addition to causing involuntary tremors, they block dopamine, a chemical of brain origin that helps with regular responses emotional and controls the brain centers responsible for gratification and pleasure. Similarly, the levels of the hormone prolactin increase, which can cause erectile dysfunction, decreased libido and difficulties reaching orgasm, as well as blocking the action of acetylcholine, which can cause problems in all areas of the body sexual function.
Another type of medications that cause involuntary tremors and that can affect sperm production are statins and fibrates, these medications are likely to interfere with the production of testosterone, estrogens and other sex hormones by affecting the availability of cholesterol, an essential component for certain hormones
Explanation:
Answer: C. The difference in cost over time between a loan at 10% and a loan at 8%.
Explanation:
The first bank cannot be held liable for damages relating to the loss of the opportunity to buy the carpets because they were not informed of it and so could not have made a decision based on it.
Another thing they cannot be held liable for is the merchant's inability to get another loan in time because it is assumed that there are other banks that the merchant could have gone to. What they can be held liable for however, is the difference in the types of loans.
The merchant had to get a loan with a higher interest rate because they couldn't honor their agreement so they will pay the difference in interest between their loan and the one the merchant was able to get.
