Answer:
1. Maria and John Net Worth
Total assets
Monetary assets 4,060
Tangible assets 35,800
Investment assets <u>15,005</u>
<u> 54,865</u>
Total liabilities
Short term liabilities 3,690
long term liabilities <u>27,350</u>
<u>
31,040 </u>
Net Worth = Total asset - Total liability
Net Worth = 54865 - 31040
Net Worth = $23,825
2. Maria and John Surplus for the year = Annual Gross Income - Annual expenses
= 48000 - 46800
= $1200
3. Assets to debt ratio = Assets / Debt
Assets = 54,865; Debt=31040
= 54,865 / 31,040
= 1.77
4. Investment assets to Total assets ratio
Investment assets = 15005; Total assets = 54865
=15,005 / 54,865
= 0.27
The amount of money in the account for 1 year to earn enough interest to cover a single $ 9.99 below minimum balance fee is : $ 100,000
100 ,000 x 0.01 % = $ 10
Hope this helps
The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because
a) if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.
b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.
<h3>What is Economy?</h3>
An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.
The economy of a country or region is the system by which money, industry, and trade are organized.
Learn more about economy here,
brainly.com/question/18461883
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Answer:
Instructions are below.
Explanation:
Giving the following information:
Susan:
Annual deposit= $5,000 for 10 years
Lumo-sum for 30 years
Interest rate= 8.5%
Jane:
Annual deposit= $5,000 for 30 years.
<u>First, we will calculate the future value of Susan:</u>
<u></u>
First 10 years:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,000*[(1.085^10)-1]}/0.085
FV= $74,175.50
Last 30 years:
FV= PV*(1+i)^n
FV= 74,175.50*(1.085^30)
FV= $857,050.14
<u>Jane:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,000*[(1.085^30)-1]}/0.085
FV= $621,073.63
<u>Earnings difference= 857,050.14 - 621,073.63= $235,976.51 in favor of Susan.</u>
