Answer:
$ 1,592,121.121
Explanation:
Present Value at T=0 is $120,000
N = 30
I = 9%
PMT = $11,680.36
We shall calculate the Future Value without PMT and then with PMT. The difference would be the amount of interest paid.
FV at T = 30 with PMT is -$3,184,242.537
FV at T = 30 without PMT is -$1,592,121.416
The total interest paid on the loan is = $ 1,592,121.121
<span>A company that announces a manufacturer's suggested retail price and then offers a discount off that price is using reference pricing.
Reference price is announced by purchaser. It is also known as competitive price. Reference pricing or the competitive pricing is the amount, a consumer wants to pay for something in relation to other competitors.</span>
Answer:
A capitalist economy always gravitates toward high levels of employment.
Explanation:
John Maynard Keynes
This is a man commonly known as an English economist. He was known to be the one wrote a book called "The General Theory of Employment, Interest, and Money" in 1883-1946. It is said that he was most famous for The General Theory of Employment, Interest and Money in 1936. He was known to argued that the best way to deal with prolonged recessions was deficit spending. It was documented that He believed in free market and he is known as the father of modern economics.
The General Theory of Employment, Interest and Money by John Maynard Keynes (1936)
This is said to explains Keynes' theory which was that government deficit spending will help distribute or circulate money, create jobs and promote demand for products.
Answer:
$3788.07
Explanation:
Present value=$2,800
Another year =$2,300
The Present value can be determined by the following formula
=
=$3788.07
Roy is a sole trader if he is not setting up a company instead starts a business.
<h3>What is a Business?</h3>
A business is the process of selling goods or services and earning revenue and profits through it, the business generates revenue which is deducted by the expenses incurred by the business. The business ensures the strategy to have a balance between these expenses and revenue so that there is some residue profit.
The sole trader is the business where the owner of the business is highly involved in day to day running of the business taking all the strategic decisions and responsible for all the debts of the business.
On the other hand a limited liability company is a business in which the owner of the company can be involved in day to day running of the operations but is not liable personally for the debts.
Learn more about Trader at brainly.com/question/27235892
#SPJ1