Answer:
Explanation:
13 years would be a time in the future hence you use future value formula.
Future value formula is FV = PV*(1+r)^n
r = interest rate; in this case it is the semiannual rate = 0.049/2 = 0.0245 as a decimal.
pv = principal amount invested = 7,500.00
Duration of investment; in this case, number of semi-annual periods = 13*2 = 26
The expression would be ; 7500(1.0245)^26
Answer:
We require 9.67% return per year to achieve 300,000 in the future
Explanation:
we need to solve for the rate at which a current value of 57,000 dollars will generate 300,000 dollars after 18 years:
Principal 57,000.00
time 18.00
Amount 300,000
r = 0.096653034
Answer:
Michelin sells tires to Nissan to install on their 2019 Sentras that are produced and sold in the United States.
- Not included in the GDP since tires are a component of new cars, they are not a final product.
American consumers import $3.5 billion of woven apparel from Bangladesh.
- Included in the GDP as imports, which reduce total net exports (NX).
The U.S. government spent $523.1 billion on national defense.
- Included in the GDP as government spending (G).
Entrepreneur and Shark Tank investor Barbara Corcoran purchases 15% of Cousins Maine Lobster food truck company for $55,000.
- Not included int he GDP since sale of stocks or ownership stakes at businesses are not considered final goods or services.
Answer: Total amount of goods produced/Time of Production = Cycle time.
Explanation: production cycle is generally understood as the period of time during which a company produces a finished product from its stocks, then the reduction of this period of time, especially in comparison with competitors, is an important indicator to determine economic efficiency.