Answer:
the answer is going to be 3. R
Answer:
Franchise.
Explanation:
A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name.
Answer:
Annuity will be $33112.644
Explanation:
We have given future value ( FV ) = $4000000
Rate of interest r = 5% = 0.05
Number of periods n = 40
We know that future value is given by ![Futurte\ value(FV)=\frac{A}{r}[(1+r)^n-1]](https://tex.z-dn.net/?f=Futurte%5C%20value%28FV%29%3D%5Cfrac%7BA%7D%7Br%7D%5B%281%2Br%29%5En-1%5D)
Here A is annuity
So ![4000000=\frac{A}{0.05}[(1+0.05)^{40}-1]](https://tex.z-dn.net/?f=4000000%3D%5Cfrac%7BA%7D%7B0.05%7D%5B%281%2B0.05%29%5E%7B40%7D-1%5D)
![200000=A[(1+0.05)^{40}-1]](https://tex.z-dn.net/?f=200000%3DA%5B%281%2B0.05%29%5E%7B40%7D-1%5D)
![200000=A\times 6.0399](https://tex.z-dn.net/?f=200000%3DA%5Ctimes%206.0399)
![A=$33112.644](https://tex.z-dn.net/?f=A%3D%2433112.644)
So annuity will be $33112.644
Answer:
C. $71,000 instead of attending graduate school
Explanation:
Given that
Economic cost = 175000
Recall that
Economic Cost = Accounting (Explicit) Cost + Implicit Cost
Accounting Cost = Tuition + room + books
= 100000 + 20000 + 2000
= 122000
Implicit Cost = Opportunity cost of attending the school. So,
Assuming money earned from job = a
Then,
Spending if she gets the job = 18000 on room.
Therefore,
Implicit cost = a - 18000
We have
Economic Cost = 122,000 + (a - 18000)
175000 - 122000 + 18000 = a
53000 + 18000 = a
71000 = a
Remember
a = money earned from job
Thus
Money she could earn in 2 years instead of attending graduate school = $71,000