Answer:
Monthly deposit= $2,625.16
Explanation:
Giving the following information:
Total cost= 2,676*3= $8,028
Monthly interest rate0 0.023/12= 0.00192
<u>First, we need to calculate the nominal value required at the end of the third month:</u>
PV= FV / (1 + i)^n
FV= 8,028
i= 0.00192
n= 9 months
PV= 8,028 / (1.00192^9)
PV= $7,890.6
<u>Now, the monthly investment to reach $7,890.6:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (7,890.6*0.00192) / [(1.00192^3) - 1]
A= $2,625.16
Answer:
Option (B) is correct.
Explanation:
Implicit costs refers to the opportunity cost that is associated with the selection of the alternative.
In this question, the Rosa wants to migrate to another country, if she do so then she have to foregone her earnings in the home country.
Therefore, Rosa's stream of future earnings in her home country is $500,000 and it is considered as implicit cost. She give up this much of income to earn $800,000.
Explicit costs includes:
(i) Transportation = $5,000
(ii) Application and other processing fees = $4,000
Answer:
The monthly payment amount is 594 dollars
Answer:
in the wild, where she stories animals development and behaviour,and then travel to zoos where she report her findings
Answer:
C. To ensure secrecy and security regarding the company's actions
Explanation:
Ensuring secrecy and security regarding the company's actions is not one of the principles of corporate public relations that a company should follow.
