A oligopoly consists of a few independent firms
Answer:
At an airport
Explanation:
These "free trade zones" are often called duty-free shopping, where you can buy items without paying tax because the airports are a "bubble" in between countries who would normally be the ones charging taxes.
Explanation:
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The total finance charge plus interest divided by the amount dinanced represents a ratio that can be used to determine the annual percentage rate.
hope this helps
Answer:
0.05712790 or 5.71%
Explanation:
Annual rate of return = [(1+ r1)^n1 x (1 + r2)^n2]^[1/(n1 + n2)] - 1
n1 is the time period in which annual interest rate =2.8%
n2 is the time period in which annual interest rate =7.2%
So, n1 = 7 years and n2 = 14 years
= [(1+2.8%)^7 x (1+7.2%)^14]^[1/(7 + 14)] - 1
= (1.21325420 x 2.64683577) ^ 1 / 21 - 1
= 1.05712790 - 1
= 0.05712790 or 5.71%
