To bet , play games for money , risky .
Answer:
The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Answer:
We can use the present value of an annuity formula to determine the annual distribution. I'm assuming that your distributions will be made in a similar manner to an annuity due (the first payment happens when you retire).
annual distribution = principal balance / PV annuity factor
- principal balance = $2,000,000
- PV factor annuity due, 8%, 15 periods = 9.24424
annual distribution = $2,000,000 / 9.24424 = $216,350.94
if instead, the first distribution is received at the end of the first year of retirement, then the annual distribution will be:
annual distribution = principal balance / PV annuity factor
- principal balance = $2,000,000
- PV factor ordinary annuity, 8%, 15 periods = 8.55948
annual distribution = $2,000,000 / 8.55948 = $233,659.05
D I think I'm only in year 7 haha
Answer: (D) enter; rightward
Explanation: As new firms enter the market, there is a shift in the supply curve to the right, decrease in market prices and decrease in economic profit.