Answer:
Explanation:
In this question, we are expected to know the amount a certain investment would have grown to after 5 years.
Mathematically, the amount is calculated by the formula below:
A = P(1 + r/n)^nt
The parameters have the following values: A = ? P = $500 r = 13% = 13/100 = 0.13 n = 2 ( semi-annually means two times a year) and t = 5 years
A = 500( 1 + 0.13/2)^(2 * 5)
A = 500(1 + 0.065)^10
A = 500( 1.877)
A = 938.56 or simply $939
Answer:
C. They fail to incorporate cash flows beyond the first year of the analysis.
Answer:
A) Ginny earns $750 per week working for PC Pros. (Resource market)
B) Eric earns $400 per week working for Dinah's Diner. (Resource market)
C) Eric spends $225 to purchase software from PC Pros. (Product market)
Explanation:
The resource market is where labor, capital, land, and entrepreneurship (also known as the factors of production) are exchanged for compensation. The product market is where products are exchanged from businesses to households thanks to monetary retribution.
In that case:
A) Ginny earns $750 per week working for PC Pros. (Resource market)
B) Eric earns $400 per week working for Dinah's Diner. (Resource market)
C) Eric spends $225 to purchase software from PC Pros. (Product market)
That would increase prices for everything dramatically and would cause small restaurants to go out of business, and business would switch from hiring people too robots because it would be cheaper after that employment would decrease.