The present value of his investment is $113501.94.
What is investment?
An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
Present Value of an Annuity Due is equal to C + C*[1-(1+i)^-(n-1)]/i]
C = Periodic Cash Flow ($624)
i = interest rate per period =4.2%/12 =0.35%
n=number of period=24×12 =288
= $624+624[1-(1+0.0035)^-(288-1) /0.0035]
= $624+624[1-(1.0035)^-287 /0.0035]
= $624+624[(0.6331)] /0.0035
= $113501.94
As a result, $113501.94 is the correct answer.
Learn more about on present value, here:
brainly.com/question/17322936
#SPJ1
Answer:
D. go on vacation to the beach
Answer:
Hello some important parts of your question is missing ( Table ) attached below is the table
Answer : Number of widgets = 50
Explanation:
The number of widgets that you should sell to maximize revenue can be calculated as
= ( demand for widgets * price per widget ) - Total cost
from the table:
i) ( 10 * 141 ) - 609 = 1410 - 609 = $801
ii) ( 20 *133 ) - 1103 = 2660 - 1103 =$1557
iii) (30 *126) - 1618 = 3780 - 1618 = $2162
iv) (40*128) - 2109 = 5120 - 2109 =$3011
v) (50*113) - 2603 = 5650 -2603 = $3047
vi) (60*97) - 3111 = 5820 - 3111 = $2709
vii) (70*90) - 3619 = 6300 - 3619 =$2681
viii) ( 80*82) - 4103 = 6560 - 4103 = $2457
ix) (90*79) - 4601 = 7110 - 4601 = $2509
From the calculation above the number of widgets that should be sold in other to maximize revenue is : 50. this is because the revenue made is $3047 which is the highest when compared to other revenues generated
Answer:
Less government spending will make the currency value of the small country to fall compared to other currencies, because less government spending means less printing of money, and a slower growth of the money means less inflation, and a cheaper currency.
This will make the exports of the small open economy attractive, leading to an increase in this component of aggregate demand. Such scenario will result in a rise of real income in the short run.