Solution:
1. We have to use financial calculator to solve this
put in calculator -
PV -30000
FV 60000
PMT 0
I 8%
Compute N 9
Therefore It will take 9 years to reach his goal
2. We have to use financial calculator to solve this
put in calculator -
PV -28700
FV 0
PMT 7000
N 5
Compute I 7.00%
The interest rate implicit in this agreement rate =7.00%
3. We have to use financial calculator to solve this
put in calculator -
PV -10000
FV 0
I 9%
N 10
compute PMT $1,558.20
The annual payment Sam must make to pay back his friend = $1,558.20
Answer: Option A
Explanation: In simple words, diversity refers to the differences in individuals personality and behavior. These personality differences occurs due to various factors like religious beliefs, age, sexual orientation etc.
Thus, diversity would be considered an asset where the work requires different ideas and perspectives. For example - designing and architecture professionals could use diverse ideas for their benefit.
Hence from the above we can conclude that the correct option is A.
Answer:
Information overload
Explanation:
Information overload can be described as a type of difficulty experienced by individuals in some situations, it is as a result of too much information present at a particular time, this makes it hard for the individual to carry out the right decision.
As individuals we come across a lot of information daily, but our brains can only process such information one at a time, if we attempt to process more data it may lead to the overstressing of the brain capacity which may eventually cause information overload.
Answer: D. increases in government purchases.
Explanation:
Crowding out may occur simply due to expansionary fiscal policy that is, a situation wherby the government wants to increase the money in circulation and also increase its expenditure. This can lead to the government borrowing funds.
Crowding out may occur when fiscal policy involves increases in government purchases. This borrowing in turn, affects the money that will be available to the private investors as there'll be lesser funds for them.
Answer:high unemployment and high deflation.
Explanation: The Great depression was a result of stock crash in 1929 which created a terrible and devastating economical situation in the U.S. economy. Almost 50% banks were failing. There was a high and devastating rate of unemployment which increased up to 25% in the U.S and in other states it went to a 35%rise. Many people were homeless and housing prices plummeted or plunged such that they were 30%lpwer than their original economical prices. International trade went down by 65% and prices fell by 10% per each year ;hence we can see that the state was facing acute deflation and highest level of unemployment.