Answer:
$246,287.86
Explanation:
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate = 7/4 = 1.75%
N = number of years = 4 x 3 = 12
$200,000( 1.0175)^12 = $246,287.86
Answer:
Hi!
Explanation:
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I think for Japan CDs
And for Canada Beef
Answer:
$30
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Here, one has the option of either paintballing or attending a concert. If one goes paintballing , the opportunity to attend the concert is forgone. Thus, the opportunity cost is the cost of the concert tickets- $30.
I hope my answer helps you
Answer: incidental beneficiary
Explanation:
An incidental beneficiary refers to an individual who isn't a party to a contract but later becomes a third party beneficiary who is unintended to the contract.
It should be noted that the incidental beneficiary has no rights that are enforceable under the contract. With regards to the question, Jim suffered losses as a result, but he had no rights in the contract because he was an incidental beneficiary.
