Answer: Lindsey's total investment in education is $18,000.
Since Lindsey's college will cost a total of $6000 per year for the next three years, her total investment in education will be .
The $26000 per year that's given in the question is the value of Lindsey's earnings if she chose to work at the local mall. This is the gain Lindsey foregoes in each of the three years in order to learn, and represents her opportunity cost or alternate costs.
Answer:
$381.49
Explanation:
To calculate the stock price in 9 years from now, we can use the growing perpetuity formula but adjusted to year 9
Present value year 9 = current dividend (1 + growth rate)⁹ / (return rate - growth rate) = $13 (1.078)⁹ / (14.5% - 7.8%) = $25.56 / 6.7% = $381.49
the expected price of IBM's stock in 9 years is $381.49
Answer:
No, it can't be cosidered as a recession.
Explanation:
To be considereded a recession there must be two consecutive quarters with a fall in the GDP. In this case there are two quarters with fall but they are not consecutive. (second and fourth quarter)
C. Opening a bank.
Because your opening up an bank account, therefore you not using any kind of money, or credit. UNTIL you put something inside the account.