Answer:
$240.76
Explanation:
The formula to determine the annual deposit is : 
 p = FV / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
FV = Future value  
P = Present value  
R = interest rate  
N = number of years  
Annuity factor = (1.07^11 - 1) / 0.07 = 15.783599
p = $3800 / 15.783599 = $240.76
 
        
             
        
        
        
Answer:
1. How the nation allocates resources
Explanation:
Government is the chief decision maker in any economic model because their power enables to allocate nation`s resources among economic unit. As such they keep watch on the economic changes and trends in order to make the best economic decision for the nation. When government becomes aware of economic changes, it will try to allocate resources efficiently and effectively based on signal given by the changes. 
For example, if US government is aware that the economy is nearing recession, it will be put in preventive measures to escape the intending recession and make sure it allocates its scarce in efficient way among the economic units by spending more on capital projects, raising social empowerment spending and doing other necessary things.
So the discovery of economic changes will most likely influence how the nation allocates resources.
 
        
             
        
        
        
Answer:
Product Life Cycle Analysis
Explanation:
 
        
             
        
        
        
Answer:
Date               Account Title                                              Debit               Credit
May 7             Materials                                                 $9,600
                       Accounts Payable                                                            $9,600
<u>Working:</u>
= Units purchased * cost per unit 
= 640 * 15
= $9,600
As the goods were purchased on account, they will be sent to accounts payable. Materials are assets so they will be debited when acquired.