Answer:
Explanations below
Explanation:A) Sole proprietorship: sole decision making by the proprietor
B) General partnership: there is a profit sharing ratio as agreed by partners
C) Public corporation: it is independent of government.
D) Government corporation: Government has 100% ownership or partly owned with over 50% shares.
Price level.
The aggregate demand curve represents the total quantity of all goods (and services) demanded by the economy at different price levels
Answer:
Critical thinking is the ability to think clearly and rationally about what to do or what to believe. It includes the ability to engage in reflective and independent thinking. Someone with critical thinking skills is able to do the following : understand the logical connections between ideas.
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Answer:
Present value (PV) = $0.15
Future value (FV) = $19,886
Numb er of years = 52 years
Interest rate (r) = ?
FV = PV(1 + r)n
$19,886 = $0.15(1 + r)52
<u>$19,886</u> = (1 + r )52
$0.15
132,573.33 = (1 + r)52
52√132,573.33 = 1 + r
1.2546 = 1 + r
1.2546 - 1 = r
r = 0.2546 = 25.46%
The annual rate of interest is 25.46%
Explanation:
In this case, we will apply the formula of future value of a lump-sum, which is equal to present value multiplied by 1 plus interest rate raised to power number of years. The future value, present value and number of years were provided with the exception of interest rate. Thus, interest rate becomes the subject of the formula.
