This one is tricky, only because you aren't sure if they are adding the percentage before you deposit 4,000 more, or after. Since both are annually.
But I would add 11,122.76 and 4,000 =15,122.76 add 12% which is 1814.73 making your total for the first year = 16,937.49.
Then assume it again, you add 4,000. That's 20,937.49
add 12% of 20,937.49 which is 2512.50 so that equals =23,449.99 by the end of year 2.
so add 4,000 again, that's 27,449.99
find 12% and add it to get =3294 add that to the total =30,743.99 by year 3.
(I'm sure they want you to round, which I keep doing with my decimals, but it'll probably go faster if you round ahead of time, but I'm trying to be accurate)
Keep going....
34,743.99 which 12% added is 4169 or a total of $38,912.99 by end of year 4.
add 4,000 to get =42,912.99 and 12% that's roughly a total of 48,063 rounded by the end of year 5.
52,063 at 12% 58,310 by year 6.
58,000 add 12% = 64,960 at end of year 7
68,960 add 12%= 77235 at year 8
81,235 add 12% =90,983 by year 9
94,983 add 12% =106,380 by year 10 (this is where you can assume that they'd want you to double it and it's be 20 years and 210,000. But in real math, the amount is increasing so much because it's 12% of the current balance)
123,626.56 year 11
142,942 by year 12
164,574 by year 13
188,803 by year 14
203, 939 by year 15
So you'd go over 210 by year 16.
Now again, this depends if they add the 12% before or after you deposit 4,000 each year. It also has to have an easier equation, but to be accurate I did it this way. I'm sure that they want you to do like x=years and you'd go 11,122.76+4,000 multiplied by 12% and then try different years to see the number you get until you'd come to 16.
Answer:
The correct answer is False.
Explanation:
Incoterms are rules coordinated by the international community to arrange deliveries of products in advance and avoid inconvenience.
The Black’s legal dictionary explains that Incoterms are “standardized shipping terms, defined by the International Chamber of Commerce (ICC), that allocate costs and responsibilities between buyers and sellers for international freight transport.”
Although they do not constitute an international standard proper, as the ICC website explains, “they have been incorporated into contracts for the sale of products around the world, and serve as rules and as a guide to importers, exporters, lawyers, carriers, insurers and international trade students ”.
Regarding the delivery of the merchandise:
If the contract between the parties provides for the delivery of goods in accordance with the term EXW, then this will be made at the seller's factory or at the place it determines (for example, a deposit). In this case, the seller should not be responsible for transport costs, customs duties or liability for transport damage. Neither of the costs of loading the goods in the transport vehicle.
If the parties agree that the delivery be made in accordance with the term FCA, then the seller must deliver the goods to the carrier or to another person nominated by the buyer at a site established between the two, which is usually the international shipping point. It implies that the seller must face all transport costs and risks until the moment of delivering the goods; In addition to assuming customs costs at the boarding point.
Answer:
<h2>In this case,the correct answer would be option b. or rent the room because the marginal benefit exceeds the marginal cost.</h2>
Explanation:
In Microeconomics or Production Economics,one of the basic rules of profit maximization states that the additional revenue or benefit obtained from the sale of an additional unit of output(Marginal Benefit,MB) is equal to the incremental cost incurred by the firm or company to produce that particular unit of output(Marginal Cost or MC).Now,in this case the MB is greater than the MC for renting one more room,implying that the hotel can continue to rent the rooms until the MB and MC of renting rooms are equal and profit is maximized.If the MB is greater than the MC,it also indicates that the firm can increase its overall profit because the marginal profit(MB-MC) or MP is still positive and the total profit from renting rooms can still increase.Therefore,attracted by higher prospects of profit,the hotel will continue to rent the rooms until the MP is zero or MB is equal to MC and hence,the total profit from renting rooms is maximized.
Answer:
= All
Explanation:
= U.S. exports increase, shifting U.S. aggregate demand to the right
= U.S. exports increase, shifting U.S. aggregate demand to the right