Answer:
Final Value= $483,603.80
Explanation:
Giving the following information:
You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest
We need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 4,700
n= 25
i= 0.103
FV= {4,700*[(1.103^25)-1]} / 0.103= $483,603.80
Answer:True
Explanation: Data disposal law is a law which is usually enacted by the States in the United States of America,they contain necessary information and details concerning how the personal data and information of persons including their Employee can be disposed by both Government and private business entities.
DATA DISPOSAL LAWS ENSURES THAT THE RIGHT TO PRIVACY OF DATA OR INFORMATION IS GUARANTEED AND PROTECTED IN ORDER TO PREVENT THE DATA FROM BEING ABUSED OR ACCESSED BY OTHER PARTIES.
Answer:
C
Explanation:
To estimate the amount of depletion for the current year?
We need to know the rate of depletion which
$100,000,000/2,500,000 = $40/ton
The amount of depletion for the current year will be
$40/ton x 500,000 tons = $20,000,000
Answer:
The answer is: Complementary goods and services
Explanation:
Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.
Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.
In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.
Answer:
D) none of the statements associated with this question are incorrect.
Explanation:
As the population rises, demand increases and the market demand curve shifts to the right.
As a greater fraction of the population becomes elderly, the fraction of the population needing medical services increases and the demand for medical services will tend to increase. The demand curve shifts to the right.
Changes in the composition of the population affect the demand for a product. For example, if the fraction of the elderly in a population increases, the demand for medical services also increases.
I hope my answer helps you
