Solution :
Annual payment = 
1. The rate of interest annually = 12%
Present value 

= $ 18,023.90
2. The rate of interest annually = 12%
Present value 

= $ 20,186.75
3. The rate of interest annually = 12%
The rate of interest quarterly = 3%
Present value =



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Answer: 13.53%
Explanation:
The expected return on the portfolio will be calculated by multiplying the investment in each stock by the expected return of the stocks. This will be:
= (31% × 11%) + (46% × 14%) + (23% ×16%)
= 3.41% + 6.44% + 3.68%
= 13.53%
Answer:
inward shift in the supply curve.
Explanation:
= I = S + (T-G). shift in the supply curve.
Answer:
opportunity cost
Explanation:
The opportunity cost is the cost that is incurred for purchasing any other thing in place of one thing or we can say it is a sacrification done to purchase another thing
Here in the question it is mentioned that the Lil spent $120 for purchasing a new sweater instead of buying her finance textbooks also the cost of buying the sweater is known as the non doing textbooks cost
So here it is a opportunity cost