Because when everyone has a job there would be no one to employ to increase the output of supply of goods and services.
Answer:
A decrease in the interest rate would increase the present value of a lump sum.
Explanation:
Higher interest rate represents higher expected rate of return. Higher interest rate would lead to a greater future value if a sum of money is invested. Conversely the present value will be lower at high interest rate since the discounting rate would be higher.
Similarly, if the interest rates fall, the future value of an invested amount will fall. But present value of a lump sum would rise with fall in the interest rates since the discounting rate would be less.
Future Value =
Present Value =
Hence, a decrease in the interest rate would increase the present value of a lump sum with others variables remaining the same.
Hello there
In order to take the GED test
1) you have to go to a required testing center from your school
2) the GED test is online it is not paper pencil
3) you cant do it online from home you have to go somewhere that your school required
4) Good luck 2 you when you take the test! :)
5) Study hard for it , prepare by studying and sleeping and resting yourself one day b4 the test
thank you
Best Regards Queen Z
hope this helped ya
Answer: Cash for $180
Explanation:
The Petty Cash balance should be at a certain level necessary to cover petty cash expenses of the company. In this case that amount is $200. $20 is already in cash in the account and so will need to be topped up to get to $200.
= 200 - 20
= $180
$180 will take the balance back to $200. The Cash account would be credited of this $200 and the Petty Cash would be debited.