Around 58 Billion <span>in state general revenue funds went to public education.
For the 2016-2017 period, most of the states' budget is spent on two spcecific sectors.
58 Billion for public education and Aroynd 61 Billion was spent on medicaid (for welfares and other similar things)</span>
Answer:
Option (d) $5,549.96
Explanation:
Data provided in the question:
Annual payments = $800
Time, n = 12 years
Discount rate, r = 7% = 0.07
Now,
PV2 = Annual payments × ((1 - (1 + r)⁻ⁿ)) ÷ r ) × (1 + r)
= $800 × ( (1 - ( 1 + 0.07)¹²)) ÷ 0.07) × (1 + 0.07)
PV2 = $6,354.15
Therefore,
Present value today = PV2 ÷ (1 + r )²
= $6,354.15 ÷ (1 + .07)²
or
= $5,549.96
Hence,
Option (d) $5,549.96
Cooperatives are utilized by individuals to market and process their ranch developed products, and centers regularly increase the value of the crude wares. Cooperatives regularly have marked items and a few cooperatives perform two or the majority of the elements of acquiring, promoting, and benefit in the interest of their individuals.
Because MP3 players cost less to make, if demand does not change, there will be more profit. This is because there would be the same amount demand and less money being made into making the product, meaning less expense, which means a bigger profit.