In economics, free contract is the concept that people may decide what agreements they want to enter into. Acontract may be described as freewhen it is free from force or fraud.
The answer would be A, command economy
Answer:
Total FV= $46,008.31
Explanation:
Giving the following information:
Deposit 1= $12,000
Deposit 2= $15,000
Deposit 3= $10,000
Interest rate= 0.055
<u>To calculate the future value, we need to use the following formula on each deposit:</u>
FV= PV*(1+i)^n
FV1= 12,000*(1.055^5)= 15,683.53
FV2= 15,000*(1.055^4)= 18,582.37
FV3= 10,000*(1.055^3)= 11,742.41
Total FV= $46,008.31
Answer:
$972000
Explanation:
Account receivables factored = $ 900,000
Recourse Liability = $ 20,000
Due from Factor Third Bank = 900000 x 7% = $ 63,000
Loss from Factoring = (900000 x 5%) + 20000 recourse liability = $ 65,000
Amount of cash received as a result of this factoring transaction = Accounts receivables factored + Recourse Liability – Loss on factoring – Due from factor.
= 900000 + 20000 – 63000 – 65,000 = $972,000
Answer:
The answer is "Option D".
Explanation:
The amount accrued in the pension system until now 
Danger or security account proportion 
The percentage of the amount kept in a safe account 
Number of investment years owned by 
Risk-free return rate 
Combined total amount up to age 63 (formula for the current value) = 
The contribution is 
a year and the employer corresponds with the same amount for the pension plan.
Total annual contribution 
Risk-free or healthy account proportion
Amount invested annually 
Annual deposit amount (n) for years
Returns free of risk
An cumulative sum due to an annuity
Total amount accumulated in safe account 
of annuity
