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2 years ago

If Country A is an agricultural country and Country B has many cities and factories, it would make sense for

Business

1 answer:

soldi70 [24.7K]2 years ago

3 0

Answer:

Country A to specialize in growing corn while country B specializes in making cars

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Your father is 50 years old and will retire in 10 years. He expects to live for 25 years after he retires, until he is 85. He wa

Hunter-Best [27]

Answer:

It will need $ 107,120.321 dolalr per year to achieve his retirement goal

Explanation:

We first must calcualte the prsent value of the 25 payments with equal worth of 60,000 dollar of today.

First we move the 60,000 forward 10 years

$Principal \: (1+ r)^{time} = Amount$

Principal 60,000.00

time 10.00

rate 0.05000

$60000 \: (1+ 0.05)^{10} = Amount$

Amount 97,733.68

Now, we calculate the present value of an annuity considering this 5% inflation

$C_0 \times \frac{(1+r)^n-(1+g)^n}{r-g} = PV$

g 0.05

r 0.08

C 97,734

n 25

$ 1,778,492.341

Then, decrease this by the amounnt already saved by our father:

$Principal \: (1+ r)^{time} = Amount$

Principal 105,000.00

time 10.00

rate 0.08000

$105000 \: (1+ 0.08)^{10} = Amount$

Amount 226,687.12

Additional saving needed:

1,778.492-34 - 226,687.12 = 1.551.805,22

Now, we solve the annual saving to achieve this future value:

$PV \div \frac{(1+r)^{time} -1}{rate} = C\\$

PV 1,551,805.22

time 10

rate 0.08

$1551805.22 \div \frac{(1+0.08)^{10} -1}{0.08} = C\\$

C $ 107,120.321

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6 0

3 years ago

What was ronald reagan’s basic belief about economic growth? he thought greater government involvement in business would fix the

vovikov84 [41]

Ronald reagan believed that decreasing government spending would eventually lead to economic growth.

<h3>What was ronald reagan’s basic belief about economic growth?</h3>

The four pillars of Reagan's economic policy were to reduce the growth of government spending.
This policy should lessen the federal income tax and capital gains tax, decrease government regulation, and tighten the money supply in order to reduce inflation.

So we can conclude that decreasing government spending would eventually lead to economic growth is the right answer.

Learn more about economy here: brainly.com/question/17996535

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7 0

2 years ago

Read 2 more answers

You find a zero coupon bond with a par value of $10,000 and 30 years to maturity. The yield to maturity on this bond is 5.2 perc

muminat

Answer:

The price of the bond is 2143,67

Explanation:

A zero coupon bond is a bond that does not pay coupon payments and instead pays one lump sum at maturity.

Zero coupon bond value= F/(1+r)^t

F = face value or a par value

r= rate of yield per period

t= time to maturity ( in periods)

Replacing

F = $10,000

We assume semiannual compounding periods

r= 5.2/2=2.6

t= 30 x 2=60

Zero coupon bond value= $10,000/(1+0.026)^60

Value = 2143,67

7 0

3 years ago

GoodBuy sells gift cards redeemable for GoodBuy products either in store or online. During 2018, GoodBuy sold $960,000 of gift c

balu736 [363]

Answer:

$849,000 gift card revenue should GoodBuy recognize in 2018

Explanation:

gift cards revenue of GoodBuy recognized in 2018

= gift cards redeemed + remaining gift cards

= $810,000 + $39,000

= $849,000

Therefore, $849,000 gift card revenue should GoodBuy recognize in 2018

3 0

3 years ago

If the employer is tardy in paying the state contributions, the credit against the federal tax is limited to what percent of the

Masteriza [31]

Answer:

B) 90%

Explanation:

In order for an employer to qualify for the maximum credit against FUTA taxes (Federal Unemployment Tax Act), they have to file their annual return in time and also pay their state contributions in time. If they file their report late or miss the state contributions due date, they will be sanctioned by lowering the maximum credit from 5.4% to 4.86% (90% of maximum credit).

3 0

3 years ago