Answer:
$1,203.83
Explanation:
For computing the present value using the continuous compounding we need to apply the formula and the calculation part is also shown in the spreadsheet. Kindly find it below.
Given that
Face value = $2,600
Interest rate = 11%
Time period = 7 years
The formula is shown below:
= Face value ÷ EXP (Interest rate × Time period)
= $2,600 ÷ EXP (11% × 7)
= $1,203.83
Answer:
C)refusing to work until certain demands are met.
Explanation:
The idea behind a strike is to remind the employer or owner of the company that workers are a key part of the production. Strikes are an effective form of protest because they can paralyze a factory or a firm.
Strikes are usually more effective when the workers cannot be easily replaced by the employer.
Answer: TRUE
Explanation:
The DEGREE OF OPERATING LEVERAGE (DOL) is a ratio that measure just how much operating income will change if there is a change in sales.
The formula is the % change in EARNINGS BEFORE TAX/ % change in SALES.
This measure therefore assists analysts in estimating the impact of any change in sales in a company.
A tax evasion has occurred when Franklin claimed an additional $3,000 in deductions knowingly that he did not qualify for reduction in his tax bill.
<h3>What is a
tax evasion?</h3>
A tax evasion is seen as a crime/offense because the taxpayer defaults in tax filing either by refusal in payment of tax or deduction from normal tax.
In conclusion, a tax evasion has occurred when Franklin claimed an additional $3,000 in deductions knowingly that he did not qualify for reduction in his tax bill.
Read more about tax evasion
<em>brainly.com/question/4927469</em>
Answer:
There are two major actions the Federal Open Market Committee executes that can affect the entire financial world.
The first one is the modification of the interest rates and the second is the issuing of new money.
Explanation:
The reasons behind this answer are that the modification of interest rates affects the whole world as it affects investments and debt. Therefore if they are moved up or down, the world will react to this movement because the dollar U.S. dollar and its economy has strong relations with the whole world. Second, the issuing of new money changes the value of the dollar and so it affects the rest of the world because the devices get stronger or weaker against it.