Answer:
rate = 6.54%
Explanation:
we need to find the rate at which a capital of 300,000 becomes 1,000,000 in a period of time of 19 years.
<u>So we build the following equation:</u>
![r=\sqrt[19]{1,000,000 \div 300,000}-1](https://tex.z-dn.net/?f=r%3D%5Csqrt%5B19%5D%7B1%2C000%2C000%20%5Cdiv%20300%2C000%7D-1)
rate = 0.065417765 = 6.54% after rounding
This will be the rate my parent will require to generate 1,000,000 in 19 years with their current savings of 300,000.
Answer:
increase price per ticket.
Explanation:
increase price per ticket in proportion to cost incurred.
set up an internal control system to ensure all revenue from ticket are well accounted for.
Answer:
The real rate of return is 0.10%
Explanation:
For computing the real rate of return, we need to apply the formula which is shown below:
( 1 + nominal rate) = ( 1 + real rate) × (1 + inflation rate)
So,
The real rate = {(1 + nominal rate) ÷ (1 + inflation rate)} - 1
= ((1 + 3.10%) ÷ (1 + 2%)} - 1
= (1.031 ÷ 1.02) - 1
= 1.0107 - 1
= 0.10
The Government T-bills is only the nominal rate so we considered this only
Answer:
can you tell me how to get bumps in my lower eye
Answer:
Explanation:
Inputs are the factors required for production to take place. They may include labor and raw materials. In economics, inputs are the four factors of production that include land, labor, entrepreneurship, and capital.
The final cost of a product is dependent on the costs of production. The cost of production is an aggregation of the cost of each input used in the production. For a company to stay in operation, it must meet all its production costs. These costs are spread to each unit produced. A high production cost will result in an expensive product. Should the cost of any of the input increase, then the overall cost of the products will rise.
