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Maksim231197 [3]
3 years ago
7

What's the present value of $1,375 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?

Business
1 answer:
goldenfox [79]3 years ago
6 0

Answer:

$1,019.39

Explanation:

Just checked the answer and it was correct.

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Three individuals, Mary, Jack and Helen, make up the total demand for donuts per month in a particular market.
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The market demand curve would be 1000 - 0.125Q.

<h3>How to calculate the demand curve?</h3>

It should be noted that the market demand curve will be the sum of the individual demand curve.

The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM

Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.

The slope will be:

= 0.5 × 0.25

= 0.15

The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.

Learn more about demand on:

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It would be A

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On March 1, Sara, a student, received a telephone call from ComputerChip, Inc. offering her a job for one year beginning on June
densk [106]

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Yes, because the job offer is for longer than one year from March 1

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