Answer:
Total PV= $2,298.24
Explanation:
<u>First, we need to determine the effective annual rate:</u>
EAR= [1 + (i/n)]^n - 1
EAR= [1 + (0.08/4)]^4 - 1
EAR= 0.082
<u>Now, we can determine the present value of the cash flow, using the following formula:</u>
PV= ∑[Cf/(1+i)^n]
Cf1= 800 / 1.082= 739.37
Cf2= 800 / 1.082^2= 683.34
Cf3= 0
Cf4= 1,200 / 1.082^4= 875.53
Total PV= $2,298.24
A warranty is a form of consensus between the customer and the manufacturer that the product is able to deliver the function in a period of time. In this case, the phrase given means not exactly twenty people. Usually, the number of people are just estimated from the normal individual serving and the serving of the whole platter.
Salary, minimum wage, and commission.
Hope this helps
Answer:
The productivity of an average person in the top twenty percent is four (4) times that of an average person in the bottom eighty percent.
Explanation:
In questions 3c and 4b, the values of the gross domestic products for the top twenty (20) percent and the bottom eighty (80) percent are $22,800 and $5,700 respectively. Therefore, if we take the ratio of the two values, we have:
$22800/$5700 = 4
The productivity of an average person in the top twenty percent is four (4) times that of an average person in the bottom eighty percent.
