Answer:
C) increase their savings
Explanation:
Saving is the act of setting aside a portion of one's income in a secure location rather than spending it. It's a method that businesses and individuals utilize to meet their financial goals. Saving consistently throughout time helps to acquire a significant sum of money that can be used to achieve financial goals. While saving is not the primary financial goal, it is a means to that end. If one's objective is to acquire a home or a car, for example, they begin saving for the down payment. Saving aids them in achieving their long-term objectives.
Answer:
$ 33,951.78
Explanation:
For this problem, you wan to know the future value of these coins later in 2055. For future value (FV), you need the rate, number of periods that occur (NPER), payment (PMT), and the present value (PV).
Currently, you know that you Present Value is 57, because that is how many silver dollars you have ($1 per coin). The rate is given: 6.4%. The number of periods is found by taking the year 2055 and subtracting 1952; 2055-1952=103. Then the payment is 0 here.
Rate: 6.4%
Nper: 103
PMT: 0
PV: 57
The formula for FV = PV [(1+rate)^NPER]. Or you use the function in excel of =FV(rate,nper,pmt,pv) to solve.
That should get you the answer of 33,951.78.
Answer:
Hello some parts of the question is missing here is the missing part
Age probability of female death
20 0.00060
30 0.00070
40 0.00095
50 0.00300
Answer : $110
Explanation:
Given that the woman is 20 years of age and wants to buy one-year life insurance policy the insurance company would have to charge her considering the probability of female death within 20 years of age
expected profit for insurance company = $50
cost of insurance = $100000
For the company to make a profit of $50 we make use of this relation
x * ( 1 - probability of female death at 20 ) - ( cost of insurance - x ) * probability of female death at 20 = 50
= x *( 1 - 0.00060 ) - ( 100000 - x ) * 0.00060 = 50
= x* ( 0.9994 ) - (60 - 0.00060 x ) = 50
= 0.9994 x - 60 + 0.00060 x = 50
hence x = 50 + 60 = $110
Answer: a side-effect of an activity that affects bystanders whose interests are not taken into account.
Explanation:
Externalities are side effects which can either be positive or negative that affect third parties n a transaction that they had no say over and whose interests were never taken into account.
The positive externalities benefit society but the negative ones reduce the overall welfare of society. For instance, the cigarette smoke from a smoker causing illness in another who wasn't smoking due to second hand smoke - this is negative.
A company undergoing reorganization report the gains and losses resulting from the reorganization On the income statement, separate from other gains and losses.
An income statement is a financial statement that suggests you the agency's income and expenditures. It also indicates whether a company is making income or loss for a given length. The income announcement, along with balance sheet and coins flow declaration, enables you apprehend the monetary health of your commercial enterprise.
What is income statement formula?
The simple components for an income statement is sales – expenses = net income. This simple equation shows whether or not the business enterprise is worthwhile. If revenues are more than charges, the business is worthwhile.
Why is income statement prepared?
The cause of the income statement is to show the reader how a great deal profit or loss an organization generated at some point of a reporting length.
What is the main elements of income statement?
The income statement offers sales, costs, and net earnings. The additives of the earnings statement consist of: sales; value of income; income, fashionable, and administrative charges; other operating prices; non-working income and fees; profits and losses; non-habitual objects; internet profits; and EPS.
Learn more about income statement here:- brainly.com/question/24498019
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