Answer:
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Answer:
C $ 57,282.803
Explanation:
We solve for a growing annuity at arithmetic increases of 5,000
a1 = 30,000
d = 5,000
r = 0.10
time = n = 10
PV $298,793.72
Now, we calculate the installment of this which is the equivalent uniform annual cost
PV 298,793.72
time 10
rate 0.14
C $ 57,282.803
Answer:
correct option is e. $1,232.15
Explanation:
given data
Future value = $1,000
Rate of interest = 5.5%
NPER = 19 years
annual coupon bonds = 7.5%
solution
We will use here Present value formula for get current price of the bonds.
so here PMT is
PMT = Future value × annual coupon bonds ................1
put here value
PMT = $1,000 × 7.5%
PMT = $75
The formula we use in excel = -PV(Rate,NPER,PMT,FV,type)
so we will get here
after solving we get current price of the bond is $1,232.15
correct option is e. $1,232.15
Answer: Individual demand refers to the demand for a good or a service by an individual (or a household). Individual demand comes from the interaction of an individual's desires. Where as an aggregate demand is an economic measurement of the total amount of demand for all finished goods and services produced in an economy. Aggregate demand is expressed as the total amount of money exchanged for those goods and services at a specific price level and point in time.
Explanation:
