It’s Levi because it’s clearly written that Levi is a beginner. Hope that works!
Answer:
The correct answer is Unambiguously higher equilibrium quantity, and equilibrium rental rates could be higher or lower.
Explanation:
An economic equilibrium is a state of the world in which economic forces are balanced and in the absence of external influences the values of economic variables do not change. It is the point at which the quantity demanded and the quantity offered are equal, a market equilibrium, for example, refers to the condition in which the market price is established through competition so that the quantity of Goods and services desired by buyers is equal to the amount of goods and services produced by sellers. This price is usually called the equilibrium price and tends to remain stable as long as demand and supply do not vary.
Legal offices should be aware of a possible conflict of interest
Answer:
cost of the building = $183,331.14
Explanation:
we have to calculate the present value of all the future annual payments using the 11% discount rate:
$37,000 x 2.4437 (PVIFA, 11%, 3 periods) = $90,416.90
($52,000 x 2.4437) / (1 + 11%)³ = $92,914.24
total present value = $183,331.14
Answer: Simple interest is calculated only on the principal amount, when compounded is calculated on the principal amount and the interests.
Explanation:
Hi, the difference between compounding and simple interest is that the simple interest is calculated only on the principal amount deposited, the original amount.
A = P (1 + rt)
In the other hand, compounded interest is calculated on the principal amount and in the accumulated interests of the different periods (interest on interest)
A = P (1 + r/n) (nt)
n is the number of times that interest is compounded per unit t
