Answer:
the future value is $1.08
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $1 × (1 + 0.08)^1
= $1 × 1.08
= $1.08
Hence, the future value is $1.08
Answer:
20%
Explanation:
if the advertising elasticity = 0.25 and you want to increase the quantity demanded by 5%, you will need to increase advertisement by = 5 / 0.25 = 20%
The advertising elasticity measures how much does a change in advertising changes the quantity demanded of a product or service.
Based on the CPI in both places, the Brexington salary in Charlieville is $30,000.
<h3>Brexington salary in Charlieville </h3>
This can be found by the formula:
= Brexington salary x CPI of Charlieville / CPI of Brexington
Solving gives
= 50,000 x (90 / 150)
= $30,000
In conclusion, option A is correct.
Find out more on CPI at brainly.com/question/512131.
As a result of having increased from a price of $55 to $85, we can say that the stock value increased by<u> 54.55%</u>
The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:
<em>= New price - old price </em>
= 85 - 55
= $30
In percentage terms, this is:
<em>= Increase/ Old price x 100%</em>
= 30 / 55 x 100%
= 54.55%
In conclusion, the stock value increased by 54.55%
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<em>Find out more at brainly.com/question/10273187.</em>