Answer:
Total amount= $12,558.68
Explanation:
Giving the following information:
Every three months, she deposits $550 in her bank account, which earns 8 percent annually but is compounded quarterly Four years later, she used the entire balance in her bank account to invest in an investment at 7 percent annually.
First, we need to calculate the total accumulated money after four years with the following formula.
FV= {A*[(1+i)^n-1]}/i
A= deposit= 550
N= 16
i=0.08/4= 0.02
FV= {550*[(1.02^16)-1]}/0.02= 10,251.61
Now, we calculate the second investment:
FV= PV*(1+i)^n= 10,251.62*(1.07^3)= $12,558.68
Answer:
$ 2,043.14
Explanation:
The shelf price for the two items are $924.95 and $12, 695.95
The total price for both will be
=924.95 + 12, 695.95
=$13, 620.9
A 15% discount on both equals to 15/100 x 13,620.9
=0.15 x 13,620.9
=2,043.135
=$ 2,043.14
Answer: a). Spain
b). none
c). 2.4
Explanation: a). Absolute advantage occurs when a country produces more of a good than the other country. In this case, Spain produces 50 units of Tractors while, Bolivia produces only 30 units of Tractors. Thus, Since Spain is producing more it has an absolute advantage in Tractors.
b). Both the countries are producing equal units of Cotton. Thus, we can say that none of them has an absolute advantage in cotton production.
c. Opportunity cost is the cost of the lost alternative. When Spain produces Tractors it is sacrificing production of Cotton. So, opportunity cost on 1 unit of Tractor will be,
Thus, 2.4 units of cotton which is given up is the opportunity cost of Spain for producing 1 unit of Tractor.
<h2>Find a real estate agent would be the right choice</h2>
Explanation:
The choices purely depend on the buyer. If he is new to buying home, then it is always preferable to go for "finding a real estate agent".
As a new buyer, he / she cannot directly jump onto "shop for mortgage". He/ she need guidance, a sample, an history to select the right one.
And only when you can find a suitable location or place, then only we can go to neighborhoods house and cross verify about our need.
The other option is to go for online listing. But still it will show only list of plots / house for sale and it cannot guide like a human.
Answer:
horizontal; vertical
Explanation:
A merger is called horizontal if the company takes a competitor. This will result in the company taking the current market share of the competitor and widen its operational range, thus its called horizontal.
A merger will be called vertical if the company joins with the supplier or retailer. Its called vertical since the two businesses located at the different production stages (either on top or bottom). This will help them become more efficient in making or delivering their product, help them to decrease the cost of production.
