Answer:
The student should have in his account now the sum of $ 54,365
Explanation:
In arriving at the amount above,I used the present value formula,which is:
PV=FV/(1+r)^n
FV=future value=$15000 at the beginning of each of the four years
r[=rate=7%
n=number for each payment
The table below showed the detailed calculation
Year Cash flows FV/(1+r)^n
0 15000 15000
1 15000 14,019
2 15000 13,102
3 15000 12,244
Total 54,365
Please note that the beginning of year of year 1 is the same as year 0 and so on.
Answer:
I could display the qualities of a visionary leader by offering a coherent vision for the future, and a good economic plan.
Explanation:
A visionary leader in such a dire situation would first of all show a guide to the people, would tell them that there is hope, and would explain to them why such hope still exists.
Such leader would also lay out an economic plan that can resolve, at least, some of the economic issues of the country, because it is true that no plan is perfect, and no government policy solves all problems by itself.
In other
words, the gross impressions for the commercial would be 32,000. <span>Gross Impressions is sometimes confused with Gross
Rating point which is the number of impressions rather than the number
of audience. It is the total number of individual people or households
represented by a given media schedule. </span>
Country M's firms are likely to use a <u>higher </u>degree of financial leverage than U.S. firms. The cost of capital will likely be <u>lower </u>than that of the U.S. firm.
<h3>What is financial leverage?</h3>
Financial leverage is known to be the use of borrowed money that is a debt to handle or finance the buying of assets with the view that the income or capital gain or profit from the new asset will be more than the cost of borrowing.
Note that Country M's firms are likely to use a <u>higher </u>degree of financial leverage than U.S. firms. The cost of capital will likely be <u>lower </u>than that of the U.S. firm.
Learn more about financial leverage from
brainly.com/question/17099821
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I believe that the correct answer is "D"