Answer:
assuming the interest rate is = 15% the life insurance should you should purchase = $497854.0773
Explanation:
Given that :
Annual income receipt = $58000
Assumption:
If we assume that the inflation rate π = 3% = 0.03
Also , let assume that the interest rate is = 15% = 0.15 since it is not given too
Then the effective interest rate = 
the effective interest rate = 
the effective interest rate = 
the effective interest rate = 0.1165
the effective interest rate = 11.65%
Since n = 
The Principal amount of how much life insurance should you purchase is;
= Annual income receipt/the effective interest rate
= $58000/ 0.1165
= $497854.0773
Answer:
If the price of a substitute increases, which of the following is most likely to happen in the market for the product under consideration in the short run?
Firms will devote more variable inputs in the production of this good.
Explanation:
When there is more variable inputs in the production of goods it gives room to have more substitute goods, hence; increases patronage.
Answer:
D) increase in total output obtained from one additional unit of that input.
Explanation:
Marginal product (or marginal physical product) is the change in total output obtained by adding one additional unit of input. Generally the marginal product is measured for additional labor units, but it can also be measured for additional units of materials or components, and overhead.
Answer:
The correct answer is letter "A": Is based on the current yield to maturity of the firm's outstanding bonds.
Explanation:
The cost of debt is the interest a company pays on its borrowers. It is expressed as a percentage rate. The cost of debt can be calculated as before-tax rate or an after-tax rate. Most of the time, the cost of debt is the before-tax rate of the cost of debt because that is how the company's cost of debt is calculated. <em>That calculation implies considering the average interest paid on all the company's debts, including outstanding bonds.</em>
Answer:
total quantity of financial assets that people want to hold
Explanation:
