Answer:
A)The first cash flow of an annuity due is made on the first day of the agreement.
D)The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Explanation:
An annuity can be regarded as a series of payments which is made at an stable intervals. It can be classified based on the payment frequency. These could be monthly home mortgage payments,
It should be noted that in annuities,
✓The first cash flow of an annuity due is made on the first day of the agreement.
✓The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Answer:
-1.33
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good X to changes in price of good Y.
Cross price elasticity of demand = percentage change in quantity demanded of good X / percentage change in price of good Y
Percentage change in quantity demanded = (1700 / 1350) - 1 = 0.2593 = 25.93%
Percentage change in price = (1.65 / 2.05) - 1 = -0.1951 = -19.51%
25.93% / -19.51% = -1.33
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The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:
- Total GDP / population = real GDP
- 500,000 / 5000 = X
- 100 = X
- 520,200 / 5100 = X
- 102 = X
- 102 - 100 = 2
Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
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Answer:
No
Explanation:
"It would be wrong to intentionally weaken our products with a government-ordered backdoor."
one reason being that if passcodes could be input electronically, iPhones would become easier to unlock via "brute force."
The government would be able to destroy the amazing privacy policy apple has
