Answer:
$65,682.89
Explanation:
Calculation for what is the value of the investment
Using this formula
PVA = C({1 − [1 / (1 + r)t]} / r)
Let plug in the formula
Where,
C represent Investment offer =$6,200
R represent Required Return=7%
T =20 years
PVA = $6,200{[1 − (1 /( 1+.07*20 years)] / .07
PVA = $6,200{[1 − (1 / 1.07*20 years)] / .07}
PVA = $6,200{[1 − (1 / 2.14)] / .07}
PVA= $65,682.89
Therefore the value of the investment will be $65,682.89
The elasticity of demand for college and university education is elastic. Thus, if the price of education is high, low-income students would decide not to get education. In order to incentivise low-income students, schools offer financial aid.
<h3>What does the elasticity of demand mean?</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
A general disk cleanup removes unnecessary files (C).
While the general disk cleanup is active, the utility first looks for/inspects the hard drive for files that are useless, then will remove those files.
I hope this answers your question, good luck on your assignment.
