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levacccp [35]
3 years ago
14

Old Man Smith died owning a property with an estimated value of $500,000. He never married and died without leaving a will. Smit

h's sister was married and had two children. What will happen to the property upon the death of Mr. Smith?
Business
1 answer:
vazorg [7]3 years ago
7 0

Answer:

The property would be given to the next available direct relation of his who happens to be his sister. This is because, most property are shared among siblings. Since Smith's sister is one of his sibling, she is entitled to receive the property.

Explanation:

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In 1895, the winner of a competition was paid $150. In 2006, the winner's prize was $70,000. What will the winner's prize be in
Jobisdone [24]

Answer:

the price will grow to $ 507,571.77 If it continues with the same grow rate

Explanation:

first we solve for the rate:

2006 - 1895 = 111 years

Nominal (1+r)^{n} = FV\\150 (1+r)^{111} = 70,000\\\\r = \sqrt[111]{70,000 / 150 } -1

r =  0.06  

Now we apply this rate for the year 2040:

2040 - 2006 = 34 years

Principal \: (1+ r)^{time} = Amount

Principal 70,000.00

time 34.00

rate 0.06000

70000 \: (1+ 0.06)^{34} = Amount

Amount 507,571.77

6 0
3 years ago
Quantity (Units) Private Value (Dollars) Private Cost (Dollars) External Cost (Dollars)
bija089 [108]

Answer:

c. there is a negative externality.

Explanation:

At the time when one individual actions develops the benefits for others but at the same time they dont pay so it is to be known as positive externality

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As we can see that there is three types of values so the correct option is c.  

3 0
2 years ago
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Y_Kistochka [10]

Answer:

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Explanation:

Especially if the competitors have larger market share than Wendy's Fast-food.  There will be a switch in consumers from Wendy's Fast-food to it's competitor, therefore reducing its sales and invariably reducing it's profit.

Therefore, Wendy's fast-food should be in tune with price fluctuation of it's competitors especially if it is a price decrease.

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The agricultural adjustment act (aaa) attempted to solve the "farm problem" by providing federal loans based on crops held in st
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The AAA payed farmers to reduce their production in order to raise prices.
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You have to do A. Address problem with counterplan I just took the unit test I know for sure
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