Answer:
Explanation:
1. What is the partial effect of expendA on voteA?
ΔvoteAΔexpendA=β2+β4expendB→0.0382809+−6.63e−6expendB
2. Is the expected sign for b4 obvious?
Yes because the expendB alone is a negative and expendA is a positive leaving B4 to be a negative number .
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Since this pertains to ethnicities, race and lifestyles, these companies must have targeted the diversity in the U.S population. The diversity is a result of modern technology and modern views of the social norms. Because of this, lifestyles and personalities vary from one person to each other. To a businessman, he must cater to everyone's taste if he wants more profit.
Answer:
$6,237,600
Explanation:
The computation of Estimate commission revenues is shown below:-
In the Coming year the market volume = 100% - 20%
= 80%
In the Coming year the number of sales = 100% - 8%
= 92%
In the coming year the Average commission per trade = 100% + 13%
= 113%
Commission revenue = Sold tickets × Average commission × In the Coming year the market volume × In the Coming year the number of sales × In the coming year the Average commission per trade
= 750,000 × $10 × 0.80 × 0.92 × 1.13
= $6,237,600
We applied the same formula to find out the commission revenue earned by the company
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment= $1,000
Annual interest rate= 6% = 0.06
Number of periods= n
<u>To calculate the future value after "n" periods, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>For example:</u>
n= 6 years
FV= 1,000*(1.06^6)
FV= $1,418.52
