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Ulleksa [173]
2 years ago
13

Why is there scarcity even in an affluent country like the united states?.

Business
1 answer:
Law Incorporation [45]2 years ago
7 0

Answer:

THERE ARE SCARCITY EVEN IN AN AFFLUENT COUNTRY LIKE THE UNITED STATES BECAUSE WANTS ARE LIMITED BUT NEEDS ARE UNLIMITED. SOME PEOPLE ARE POOR WHILE OTHERS ARE WEALTHY

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A company plans to invest X at the beginning of each month in a zero-coupon bond in order to accumulate 100,000 at the end of si
anyanavicka [17]

Answer:

x = $16,078.46

Explanation:

$100,000 = 1.0101x + 1.0204x + 1.0309x + 1.0417x + 1.0526x + 1.0638x

$100,000 = 6.2195x

x = $100,000 / 6.2195 = $16,078.46

month               investment              value at end of month 6

1                         $16,078.46                    $17,104.74

2                        $16,078.46                    $16,924.68

3                        $16,078.46                    $16,748.39

4                        $16,078.46                    $16,575.73

5                        $16,078.46                    $16,406.59

6                        $16,078.46                    $16,240.87

total                  $96,470.76                     $100,001*

*the extra $1 is due to rounding errors.

5 0
3 years ago
Partially correct answer iconYour answer is partially correct. This information relates to Windsor Co.
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1.  Dr Merchandise inventory    25100

                Cr  Accounts payable       25100

        (To record purchase of inventory on account)

2. Dr Merchandise inventory   530

               Cr  Cash                          530

       ( To record freight cost )

3. No entry

4.  Dr Accounts payable   3600

             Cr  Merchandise inventory    3600

       ( To record purchase return)

5.  Dr Accounts payable   ( 25100-3600)  21500

                         Cr  Cash                                        21500

      (To record paid the amount due).

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The series of seven transactions recorded in the following T accounts were related to a sale to a customer on account and the re
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