Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.
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Answer: $59,780.65
Explanation:
To find out what she would accept today, we need to apply the present value formula which is= V.P(1+i)^-n
So, $80,000(1+6%)^-5= $59,780.65
Sorry you need a little more detail for your question.
Answer: True
Explanation:
The subsidy will increase the supply of the good, and therefore the supply curve will shift to the right. Then its intersection with the demand curve will be located at a lower price and with a larger quantity.
