Answer:
A) the downpayment wil be for 82,500 dollars at 4% interest yield
B) the downpatment will be for 55,000 if the interest yield is 6% rathen than 4%
Explanation:
The cost of the course is 1,100
The endownment will be for three students so:
3,300
Now we calculate the value of the perpetuity
The perpetuity is an annuity on which time goes to infinity, this leaves the formula like this:
Perpetuity = C/r
considering the interest rate will be of 4%
3,300 / 0.0.4 = 82,500
If the interest yield were 6% then:
3,300/0.06 = 55,000
Answer:
The correct option is C: "as evidence that Balin is not acting purely in his self-interest."
Explanation:
The fact that Balin actually had the choice to purchase the same quality of cocoa at better or lower prices, but however decides to purchase the fair trade cocoa which was more expensive just to show his concern for the right of workers and environmental sustainability, Behavioral economist would see this as evidence that Balin is acting not because of his self-interest but passion for the rights of others.
Answer:
(a) perceptual
Explanation:
During perceptual decisions, which is a fundamental aspect of cognition, the sensory information provides the basis for the selection of one among many possible actions.
Answer:
The reconciled balance is:
Explanation:
Cash 8900,15
Books
Cash receipts pending on bank -9821,55
Checks written 7986,05
Checks written not recorded -49,55
Banks
Bank service fee -48,1
Interest earned 33,1
Bank conciliation 7000,1
Bank account 7000,1
Answer:
$29,800
Explanation:
Calculation to determine initial cost of the bread machine
INITIAL COST
Purchase Price: $24,500
Freight: $1,450
Installation: $2,900
Testing: $950
Total cost of the bread machine: $29,800
Therefore initial cost of the bread machine is $29,800