Answer:
FV= $34,993.05
Explanation:
Giving the following information:
Annual deposit= $1,475
Number of periods= 15 years
Interest rate= 6.25%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1,475*[(1.0625^15) - 1]} / 0.0625
FV= $34,993.05
Transfer payment is a payment made by : Government, but not in exchange for a currently produced good or service.
<h3>What is transfer payment?</h3>
Transfer payment refers to a public expenditure, which is made purposely for unemployment compensation other than procuring goods or services. It is money or other aid that is given by a government without any good or service in return.
Examples of transfer payments include:
- Welfare
- Financial aid
- Social security
- Government subsidies for certain businesses.
Hence, transfer payment is a payment made by government, but not in exchange for a currently produced good or service.
Learn more about transfer payment here: brainly.com/question/7176766
Answer:
e) Corporate Citizenship Moral Standard
Explanation:
Social responsibility is defined as the ethical framework that guides companies and individuals to give back to the environment in which they operate. It is a balance between pursuing economic benefits and protecting the ecosystem.
In this secanrio when the community started a protest because of the negative impact the factory would have, Meg's company promised to prevent and pay for any negative impact to the community. It also offers to build a community park to balance out the negative impact the factory might cause.
The moral used here is corporate citizenship moral standard. Where a company is ameliorating negative effect of its processes and also building a community park for the community
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