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mezya [45]
3 years ago
5

You receive $1,200 today, $2,200 in one year, and $3,300 in two years. If you deposit these cash flows in an account earning 12%

, how much money is in the account three years from now?
Business
1 answer:
Vilka [71]3 years ago
6 0

Answer:

The amount of money that is in the account three years from now is $8,142.

Explanation:

Future Value of $1200

FV = PV (1 + r )n

     = 1200*(1 + 12%)^3

     = $1685.91

Future Value of $2200

FV = PV (1 + r )n

     = 2200*(1 + 12%)^2

     = $2759.68

Future Value of $3300

FV = PV (1 + r )n

     = 3300*(1 + 12%)^1

     = $3696.00

Total Future Value = $1685.91 + $2759.68 + $3696.00

                               = $8142

Therefore, The amount of money that is in the account three years from now is $8,142.

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Answer: a. It merely conducted some activity outside of Alaska and that activity took place through a website.

Explanation:

CalmDown can use the defence that all it did was to conduct an activity through it's website and this happened to be outside Alaska.

As such the company is still bound by the state that it is registered in which in this case would seem to be in Alaska. They are not to be bound by the laws of another jurisdiction from the one they are registered to if the activity was done on the internet.

Marcus should therefore try to bring action against them in Alaska if he can.

7 0
3 years ago
Which is not a characteristic of a demand curve?
Dominik [7]

Answer: The correct answer is (A) : Positive upward slope.

Explanation: A demand curve is basically a graph like any other with the variables in potted on both the x-axis (left to right) and the y-axis (top to bottom). Understanding the definition of demand would make it easier to understand why the answer is option A and why the demand curve has a negative downward slope.

Demand can be defined as the quantity of a commodity or service that a consumer is willing and able to buy at a given price and at a particular point in time. And the law of demand states that “other factors being held constant, the higher the price of a commodity, the lower the quantity being demanded by the consumer. And the lower the price of a commodity, the higher the quantity being demanded by a consumer.”

This is simply a rational consumer behavior. So if the price of movie tickets were to go up let’s say from $10 to $15 then a consumer who previously could afford to watch 8 movies in a month (that’s $80) would be having second thoughts and so, rather than spend $120 per month on movie tickets, would be more inclined to watch less movies and stay within his/her $80 budget.

Therefore, on the demand curve, as the price of movie tickets moves positively towards the right side (on the x-axis), the quantity demanded would move negatively downwards (on the y-axis). As one variable increases the other one decreases, and vice versa. That explains why the demand curve has a negative downward slope.

8 0
3 years ago
The activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to mee
allochka39001 [22]

The activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called : Marketing

<h3>What is marketing?</h3>

Marketing refers to the process whereby firms promote and sell product or services.

Marketing involves creating awareness to determine if there are sufficient number of people with a significant income to be able to purchase the goods one wishes to sell.

Marketing includes but not limited to :

  • Market research
  • Product development
  • Distribution method
  • Advertising
  • Sales

Therefore, the activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called Marketing.

Learn more about marketing here : https://brainly.ph/question/2184594

8 0
2 years ago
Consider the market for hamburgers in an economy where the market equilibrium is characterized by a quantity of hamburgers of 50
lora16 [44]

Answer and Explanation:

1. Is economically efficient because the opportunity cost of producing the last hamburger equals the marginal benefit of consumption

the economy is efficient since the equilibrium quantity is exactly produced at the equilibrium price

2 and 3.

a. The market price is determined solely by the forces Of supply Of and demand for a good.

b. Firms can freely enter Or exit the market without any barriers.

c. Private property rights are well-defined and enforced.

The above can all be seen as characteristics of an efficient market. Private property rights is included here since it is one of the bedrocks of capitalist economies which are fundamental for an efficient market

4 0
3 years ago
You are looking to buy a home that costs less than $700,000, but your real estate agent keeps sending you fliers for homes that
Llana [10]

Answer:

irrelevant

Explanation:

Irrelevant informations are information that are provided but could not solve the problem on ground.

From the above case, I'm looking for a home to buy and cost must not be more than $700,000, instead for my real estate agent to look for home that the cost are lower than or equal to $700,000, rather the agent started sending me fliers containing information of home cost more than $700,000.

7 0
3 years ago
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