Chris Fowler borrowed $93,290 on March 1, 2018. This amount plus accrued interest at 8% compounded semiannually is to be repaid March 1, 2028. To retire this debt, Chris plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2023, and for the next 4 years. The fund is expected to earn 7% per annum.How much must be contributed each year by Chris Fowler to provide a fund sufficient to retire the debt on March 1, 2025?

Answers

Answer 1

Answer:

$43,027

Explanation:

The computation of the amount to be contributed each year is shown below:-

Amount to be repaid on March 1, 2025 = Loan amount × (1 + Interest Semiannually )^Number of years

= $93,290 × (1 + 0.04)^20

= $93,290 × 2.191123143

= $204,409.878

Amount to be contributed = Required future value ÷ Cumulative FV factor at 7% for 5 periods of annuity due

= $204,409.878

÷ 4.75074

= $43,027


Related Questions

A registered representative gives a speech to 30 retail clients about investing in mutual funds, and shows a chart that compares the growth of the fund to the Standard and Poor's 500 average. This action is:

Answers

Answer:

Retail communication

Explanation:

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When looking at a financial aid award letter, which type of aid would you have to pay back?
a) Federal work-study
b) merit scholarship
c) federal pell grant
b) Perkins loan

Answers

Answer:

There are four components you need to consider: Yearly costs, such as tuition, fees, books, room and board, travel expenses, etc. Financial aid that you don't have to pay back, such as scholarships, grants, and work-study. Financial aid that you do need to pay back, such as as federal loans.

Explanation:

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jaheem, who owns a hardware store, uses an income statement to show his revenue and expenses over the past three years to potential investors. True or false?

Answers

True. An income statement is a financial statement that shows a company's revenue and expenses over a period of time. It is used to measure a company's performance and help potential investors, creditors, and other stakeholders make informed decisions.

What is investor?

An investor is a person or entity that allocates capital with the expectation of a future financial return. Investors may be institutions (insurance companies, pension funds, corporations, charities, educational establishments, etc.), private investors (both directly via investment contracts and more commonly via collective investment schemes e.g. mutual funds or exchange-traded funds) or public investors (such as governments, public pension funds and sovereign wealth funds). Investment management is the professional asset management of various securities (shares, bonds, and other securities) and other assets (e.g. real estate) in order to meet specified investment goals for the benefit of the investors. Investors may be retail investors, institutional investors or high-net-worth individuals.

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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels

Answers

Answer:monopoly

Explanation:

PLEASE ANSWER ASAPP
1. Compute the earnings for the year, for a $16,500 savings
account that earns 1.2 percent compounded (a) annually, (b)
quarterly, (c) monthly, and (d) daily. (Use 365 days a
year.

Answers

To compute the earnings for the year on a $16,500 savings account with a 1.2 percent interest rate, we need to consider the compounding frequency.

(a) Annually: When the interest is compounded annually, the interest is calculated once at the end of the year. To calculate the earnings, we use the formula:

Earnings = Principal * Interest Rate

Earnings = $16,500 * 0.012 = $198

Therefore, the earnings for the year when the interest is compounded annually is $198.

(b) Quarterly: When the interest is compounded quarterly, the interest is calculated four times in a year. To calculate the earnings, we use the formula:

Earnings = Principal * (1 + Interest Rate/Compounding Frequency)^(Compounding Frequency * Number of Years) - Principal

Earnings = $16,500 * (1 + 0.012/4)^(4 * 1) - $16,500

Earnings = $16,500 * (1.003)^4 - $16,500

Earnings = $16,500 * 1.012048192 - $16,500

Earnings = $209.29

Therefore, the earnings for the year when the interest is compounded quarterly is approximately $209.29.

(c) Monthly: When the interest is compounded monthly, the interest is calculated twelve times in a year. Using the same formula as above, the earnings for the year would be approximately $210.06.

(d) Daily: When the interest is compounded daily, the interest is calculated 365 times in a year. Using the same formula as above, the earnings for the year would be approximately $210.23.

Therefore, depending on the compounding frequency, the earnings for the year on a $16,500 savings account with a 1.2 percent interest rate range from $198 (annually) to $210.23 (daily).

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List five different revenue streams below and briefly explain the importance of each.
(Will give brainliest)

Answers

The nature of revenues, their cyclicality and predictability, and, of course, the evaluation and analysis of how to increase or stabilize revenues for the business are all aided by having a working knowledge of revenue streams.

What are the five e-commerce revenue models?    Revenue Model for Sales...    Model for Advertising Revenue.    3 Model for Revenue from Subscriptions...    Model for Revenue from Transaction Fees...    Model for Affiliate Revenue.

What is revenue and how significant is it?

Your company's revenue is the money it receives during a specific accounting period. Because it appears first on your small business's income statement, revenue is also known as the top line. To determine your company's bottom line, you subtract revenue from business expenses.

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Which economic tool would most likely be used as part of a contractionary
monetary policy?
A. Lowering the reserve requirement
O B. Raising interest on reserves
C. Buying treasury securities
D. Reducing the discount rate
SUBMIT

Answers

Answer:

O B. Raising interest on reserves

Explanation:

The Federal Reserve expects banks to keep a percentage of customer deposits as reserves. The reserves cater to both the normal and unexpected withdrawals. The Federal Reserve (Fed) also uses reserve requirements as a monetary policy tool.

Interest on reserves is one of the monetary policy tools that the Fed uses regularly. The Fed pays interest on any excess reserves held by the banks. Increasing the interest paid on reserves encourages banks to hold more money.  Decreases the interest prompts the banks to lend out more. Contractionary monetary policies are measures aimed at decreasing the money supply in the economy. Increasing interest on reserves increases money held in the banking sectors, thereby slowing down money circulation.

Answer: B. Raising interest on reserves

Explanation:

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Fill the Blank ,the account allowance for uncollectible accounts normally has a _______

Answers

The account allowance for uncollectible accounts normally has a "Credit Balance". Accounts receivable that may not be collected are estimated and recorded using the account allowance for uncollectible accounts.

Sometimes referred to as the allowance for questionable accounts, which is a contra-asset account. The balance sheet shows the allowance account as a decrease from accounts receivable, which represents the anticipated net amount of client payments. Because it lowers the amount of accounts receivable that are recorded on the balance sheet, the allowance account typically has a credit balance. The allowance account balance is deducted and the accompanying accounts receivable balance is credited when a certain account is determined to be uncollectible.

Accounts receivable that may not be collected are estimated and recorded using the account allowance for uncollectible accounts, sometimes referred to as the allowance for questionable accounts, which is a contra-asset account.

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Asking a candidate during an interview to indicate how they have responded in the past to an irate customer is an example of which assessment method?

Answers

Asking a candidate during an interview to indicate how they have responded in the past to an irate customer is an example of a situational interview.

We regret to inform you that (organization) is not considering your application for this position. Your qualifications are excellent, but the selection process is very competitive and we have decided to hire candidates whose qualifications better suit our needs at this time.

Because structured interviews are more efficient than semi-structured and structured interviews in predicting job performance. Meta-analysis studies show that structured interviews are up to twice as effective at predicting job performance as situational interviews.

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A storm will hit a small town soon. Residents are advised to head out to
purchase water, canned food, and other emergency supplies. When residents
go to make their purchases, they notice that the supermarkets have greatly
raised the prices of certain items. Which price strategy is this?

Answers

Answer:

Price Gouging!

Explanation:

Price gouging occurs when a seller increases the prices of goods, services or commodities to a level much higher than is considered reasonable or fair. Usually, this event occurs after a demand or supply shock. Common examples include price increases of basic necessities after natural disasters.

When the supermarkets increased prices greatly at such a juncture, this is known as Price gouging.

Price gorging:

Refers to when prices are raised by retailers exorbitantly in response to sudden increase in demand Usually happens during disasters and emergenciesIs usually illegal

The supermarkets is engaging in price gorging by increasing the prices so greatly due to the impending storm. Authorities can come against these supermarkets for this.

In conclusion, the supermarkets are engaging in price gorging.

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Deciding to do the right or wrong thing is based on making what type of decision?
ethical
business ethics
unethical
a code

Answers

Answer:

ethical

Explanation:

(b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$

Answers

The revised overall due is $6,117.60. The early fee bargain amount is $416.88, and the new stability due after the bargain is $5,700.72.

(a) After correcting the mistakes within the itemization, the revised invoice desk must be as follows:

QTY. Ordered QTY. Shipped Description Unit Amount

44 ea. Sheets, king $45.10 $1,984.40

65 ea. Sheets, queen $39.60 $2,574.00

28 pkg. Pillow Cases, queen $17.85 $498.80

55 pkg. Pillow Cases, std. $17.35 $954.25

6 ea. Shams $33.25 $199.50

Invoice Subtotal $5,210.95

Shipping Charges of $131.50

Insurance $23.35

Invoice Total $5,365.80

(b) The variety of king-size sheets back is 4, and the quantity of queen-size sheets returned is three. The total cost of the back sheets may be calculated as follows:

4 * $45.10 (king-length sheet fee) + 3 * $39.60 (queen-length sheet rate) = $180.40 + $118.80 = $299.20

(c) The early fee bargain provided via the vendor is 8% of the product's fee. To calculate the bargain, we need to subtract the value of shipping and insurance from the invoice subtotal and practice the bargain percent:

Discount = 8% * (Invoice Subtotal - Shipping Charges - Insurance)

Discount = 8% * ($5,210.95 - $131.50 - $23.35) = 8% * $5,056.10 = $404.49

(d) The new balance due after making use of the cut price may be calculated by using subtracting the discount quantity from the bill overall:

New Balance Due = Invoice Total - Discount

New Balance Due = $5,365.80 - $404.49 = $4,961.31

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The correct question is:

"INVOICE Hamilton Mills No. 49485 INVOICE DATE July 9, 20xx 115 Rock Creek Road CUSTOMER'S Charlotte, North Carolina 28235 ORDER NO. 49485 SOLD TO: SHIP TO: SAME The Bedding Warehouse 406 Maple Road Franklin, VA 23851 SALESMAN SHIPPED VIA Federal Express TERMS Net 30 Days F.O.B. Charlotte, N.C. QTY. ORDERED QTY. SHIPPED DESCRIPTION UNIT AMOUNT 44 ea. Sheets, king $45.10 $1,984 40 65 ea. Sheets, queen $39.60 $2,57400 28 pkg. Pillow Cases, queen $17.85 $44980 55 pkg. Pillow Cases, std. $17.35 $954 25 6 ea. Shams $33.25 $299 50 $6,261.95 INVOICE SUBTOTAL SHIPPING CHARGES $131.50 Insurance $23.35 INVOICE TOTAL $6,416.80 Invoice Table QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $1,984.40 65 ea. Sheets, queen $39.60 $2,574.00 28 pkg. Pillow Cases, queen $17.85 $449.8 55 pkg. Pillow Cases, std. $17.35 $954.25 6 ea. Shams $33.25 $299.5 Invoice Subtotal $6,261.95 Shipping Charges $131.50 Insurance $23.35 Invoice Total $6,416.80 (a) You notice several errors in the itemization of the invoice. Correct the errors in the itemization ing the fol table $). QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $ 65 ea. Sheets, queen $39.60 $ 28 pkg. Pillow Cases, queen $17.85 $ 55 pkg. Pillow Cases, std. $17.35 $ 6 ea. Shams $33.25 $ $ Invoice Subtotal $ Shipping Charges $131.50 Insurance $23.35 Invoice Total $                                            (b)

Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).

$

(c)

The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)

$

(d)

What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)

$ "

A shortage exists:
A) when quantity supplied is less than quantity demanded.
B) in equilibrium.
C) when quantity supplied is greater than quantity demanded.
D) at the market clearing price.

Answers

A) when quantity supplied is less than quantity demanded..  because, in the event of a shortage, the amount required for a product exceeds the quantity supplied.

It indicates that there is excess demand in the market. When the price rises, the quantity requested declines and the quantity provided grows, the balance is restored. Excess Demand occurs when the quantity demanded exceeds the quantity supplied at the given price. This is also known as a scarcity. Excess Supply occurs when the amount sought exceeds the quantity provided at the given price. This is also known as a surplus. A shortage develops when the amount desired of an item or service exceeds the quantity provided at the present price; this leads price to rise. If all other factors remain constant, an increase in demand will cause the equilibrium price to rise.

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Look positively at objections offered by prospects because an objection often reveals the key to a successful sale. If prospects have been properly qualified, then offering sales resistance is another way for them to say:
A. "I do not want to buy your product at this time."
B. "I want to buy as soon as you give me a few more facts or answers that reassure me that buying from you is the smart thing to do."
C. "I like your product, but I like your competitor's better."
D. "Your product is nice, but we cannot utilize it at present."
E. Any of the above are logical.

Answers

Answer:

B. "I want to buy as soon as you give me a few more facts or answers that reassure me that buying from you is the smart thing to do."

Explanation:

In the case wghen the prospects would be qualified as compared to the offering sales that represent the another way so here it can be said that want to purchase as soon as it provided more facts or answers that given assurance for purchasing from you which shows the smart thing to be done

Therefore the option b is correct

And, the rest of the options would be incorrect

I would like to buy as quickly as you can provide me with a few more data or answers that persuade me that buying from you is the best option."

When customers are qualified as opposed to offering sales, it can be argued that they want to buy as soon as they are given additional facts or answers that give them confidence to buy from you, which is a wise thing to do.

So, the option "B" is the correct answer to the following question.

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Answer the following question in 3-4 complete sentences. A poster of a man sitting on a motorcycle on a cliff that reads, "Honda. " Examine the advertisement above. What is being advertised? Most likely, who is their target audience or buyer? What does this advertisement say to the buyer?.

Answers

Answer:

Answers may vary, but should be similar to the following: This is an advertisement for Honda motorcycles. Based on the picture, the location it shows (beach front at sunset), and the man in the advertisement, the target audience is most likely males in either their 20s or 30s, or perhaps older males who want to feel younger again. The advertisement and the imagery used speaks of such emotions and experiences as, independence, power, wide-open spaces, and freedom.

Explanation:

This is an advertisement for Honda motorcycles. The location shows the man in the ad, the target audience is most likely males in either their 20s or 30 or perhaps older males who want to feel younger again.

What is the advertisement saying to the buyer?

The advertisement and the imagery are used to speak of such emotions and experiences as independence, power, wide-open spaces, and freedom. An advertisement, otherwise known as an advert or ad, is generally considered a public communication that promotes a product, service, brand or event. To some the definition can be even broader than that, extending to any paid communication designed to inform or influence.

If these definitions feel vague, it’s because they are the truth that advertisements can be tricky to define, now more than ever. From bus shelters to search engines to influencers, the field of advertising has never been broader, deeper or more complex.

It’s important to note that advertising is not the same as marketing and it is rather a subcategory of it.

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Identify two of Tumi Manufacturers complies with the

Answers

Two of the laws that Tumi manufacturers comply with are

Labor lawsEnvironmental laws.

What is corporate social responsibility

This is the responsibility of an organization to the the area where they operate.

The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.

Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.

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Which of the following would be an example of a WANT?

Answers

Want is like you go to the store and you like a toy you want it

Two friends want to open a clothing consignment store. Individuals bring clothing to the consignment store and if the clothes sell, the consignment shop earns 60% and the customer receives 40% of the sale. What are the advantages of this type of business over other retail stores? Explain the advantages and disadvantages of operating this business as a sole proprietorship and a partnership

Answers

Answer:Some advantages of a consignment store are that if your your item sells both you and the business benifit. A disadvantage of a consignment store is that if the item doesnt sell the business doesnt profit and neither does the person who brought in the item. At other retail stores even if your item doesnt sell you still get the money but you dont get the item back so that could be an advantage or disadvantage.

Explanation:Some advantages of being a proprietorship and owning a consignment store is that you would get to keep all of the 60% sold of all profits.

A dsadvantage of being in a partnership and owning a consignment store would be that you would you would have to spilt the 60% with who ever you are partners with.

What happens to the total expenditures for a product with elastic demand when its price goes up?

Answers

Answer:

Elasticity is more than One (Ed > 1): When demand is elastic, a fall in the price of a commodity results in increase in total expenditure on it. On the other hand, when price increases, total expenditure decreases. It means, in case of highly elastic demand, price and total expenditure move in the opposite directions.

Explanation:

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A small business owner has decided to form a ______________ after deciding that she wants to maximize revenue, minimize taxes, give back to the community, and exercise total control over her business.

Answers

Answer:

Sole proprietorship

Explanation:

If you want to minimize taxes and avoid double or even triple taxation, your options are a sole proprietorship, a partnership (general or limited liability) or a limited liability company. The IRS considers them pass through entities, so they are not taxed directly, you are.

But if you want to exercise total control over your business, the options narrow down to only a sole proprietorship because all the others involve other people being co-owners of the business.  

101
d Discuss whether or not gold rings can carry out the functions of money. (8)​

Answers

Answer:

Money is called any element that works in a given territory as a method of exchange of wealth and as a reserve of value, that is, it can be exchanged between individuals for other goods, and that in turn can be accumulated by each individual to add to your personal wealth. In this context, almost any item that has been commonly accepted as having these characteristics can be considered money. However, there are circumstances in which, either due to their lack of storage practicality, or their high value in itself, certain elements escape this possibility. This is the case of a gold ring, whose excessively high value and the impossibility of its fractionation take away the possibility of being used as a method of exchange.

A company sells a plant asset that originally
cost $528000 for $194000 on December
31, 2017. The accumulated depreciation
account had a balance of $264000 after
the current year's depreciation of $44000
had been recorded. The company should
recognize a

Answers

Answer:

The company should recognize a loss of $70,000

Explanation:

Here in this question, we shall be evaluating what should be recognized in the transaction books of the company as a result of the sales of one of its plant asset.

The first thing to do here is to calculate the book value of the plant asset.

Mathematically, the book value of the plant asset = Original cost of plant asset - Accumulated depreciation value

from the question; the original cost is $528,000

while the depreciation value is $264,000

Thus, the book value of the plant asset = $528,000 - $264,000 = $264,000

Now since the company sold the plant asset at a value of $194,000, which is less than the book value of the plant asset, the company should recognize a loss

The amount of the loss = Amount at which the sold - book value of the plant asset

= 194,000 -264,000 = -70,000

Thus the company should recognize a loss of $70,000

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When a GUI is so easy to use that you can perform most tasks without thinking about it, the GUI is considered _____.

Answers

When a GUI is so easy to use that you can perform most tasks without thinking about it, the GUI is considered intuitive

What does it mean to be intuitive

This tells us that the GUI is so easy to use that you can perform most tasks without thinking about it. The intuitive part if the GUI tells us that it is user-friendly and easy to understand

Hence the user is able to navigate and perform tasks without needing any special instructions or training.

It will then lead to saving of time and increased efficiency and productivity.

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Most of the products and services produced in the world are consumed by the people in the countries where they are produced

Answers

Most of the products and services produced in the world are indeed consumed by the people in the countries where they are produced.

In what countries are most products and services consumed?

The global production and consumption of products and services are closely linked, with a significant portion of the goods being consumed within the countries where they are produced. This phenomenon can be attributed to various factors such as proximity, market demand, trade policies, and logistical considerations.

When a product or service is produced in a particular country, it is often designed to cater to the needs and preferences of the local population. This includes factors like language, cultural preferences, and specific regulations or standards that may be unique to that country. Consequently, the majority of the products and services produced are targeted at meeting the domestic demand.

Additionally, economic factors also play a crucial role in the consumption patterns. People in the country of production have easier access to these goods and services, both in terms of availability and affordability. Local businesses and industries cater to the domestic market, employing local labor and utilizing local resources to meet the demand.

However, it is important to note that globalization and international trade have significantly influenced consumption patterns over the years. With increased connectivity and trade agreements, products and services are increasingly being exported and imported across borders. This has expanded consumer choices and allowed people to access goods and services from other countries.

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You are in charge of planning an intent for you that will cost $450,000 today. The investment is expected to produce a cash flow of $450,000 in your one. Each of the following yours the cash flow is 10 points expected to grow by 10% ull the project stop in years. That is the cash flowiny2 will be 10% larger than the cash flow in year and the cash flow in year I will be 10% larger than the cash flow in year 2 and Moon up to years. The discount rate your time for such a project is 10%. but the CFO is wondering how much the NPV would change byfa werscount rate was used toad-what is the change in NPV going from a discount of 10% to round to the nearest dolar?

Answers

The change in NPV going from a discount rate of 10% to 8% is approximately $54,909 (rounded to the nearest dollar).

To calculate the change in NPV when the discount rate changes from 10% to another rate, compute the NPV at both discount rates and compare the difference.

Given:

Initial investment (Year 0) = -$450,000

Cash flow in Year 1 = $450,000

Cash flow in Year 2 = $450,000 * 1.1 = $495,000

Cash flow in Year 3 = $495,000 * 1.1 = $544,500

Discount rate = 10%

To calculate the NPV at a discount rate of 10%, we discount each cash flow to its present value and sum them up:

NPV (at 10%) = (Cash flow in Year 1 / (1 + discount rate)^1) + (Cash flow in Year 2 / (1 + discount rate)^2) + (Cash flow in Year 3 / (1 + discount rate)^3) - Initial investment

NPV (at 10%) = ($450,000 / (1 + 0.1)^1) + ($495,000 / (1 + 0.1)^2) + ($544,500 / (1 + 0.1)^3) - $450,000

NPV (at 10%) = $409,090.91 + $413,223.14 + $416,006.71 - $450,000

NPV (at 10%) ≈ $788,320.76

Now, to calculate the NPV at a different discount rate, let's assume a rate of 8%:

NPV (at 8%) = ($450,000 / (1 + 0.08)^1) + ($495,000 / (1 + 0.08)^2) + ($544,500 / (1 + 0.08)^3) - $450,000

NPV (at 8%) = $416,666.67 + $431,174.84 + $445,387.82 - $450,000

NPV (at 8%) ≈ $843,229.33

Now we can calculate the change in NPV:

Change in NPV = NPV (at 8%) - NPV (at 10%)

Change in NPV ≈ $843,229.33 - $788,320.76

Change in NPV ≈ $54,908.57

Therefore, the change in NPV going from a discount rate of 10% to 8% is approximately $54,909 (rounded to the nearest dollar).

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A company in Maine sends lobsters to France What is Maine doing? Select three options​

Answers

Answer:

Following are the answer to this question:

Explanation:

Some information is missing in the question. So, the correct choices can be described as follows:

i) practicing international trade

ii) exporting products

iii) participating in globalization

Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine.  It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.

Answer:

B. practicing international trade

C. exporting products

D. participating in globalization

instructions:wikarambulan is a sound like game. by saying\pronouncing and connecting the word, reveal the elements and factors of principles, tools and techniques in creating a business. write your answer on the blank space provided in the side of the paper.
1. IS TRE ENGCKS
2. OP FORTUNE NI TEAS
3. WEEK NEST CES
4.THREE EATS
5. IN DUST TREE
6. END BY RON MEANT ALL
7. PIE HAVE FOUR ZEST
8. ENCHO NO MEEK
9. SOAP FLYER
10. COST TOO MHER​

Answers

Answer:

1.strengths

2.opportunities

3.weakneses

4.threats

5.industry

6.environment

8.economic

9.supliyer

10.customer

State two ways by which hotels may promote sales during the off season​

Answers

Answer:

Use off-season imagery on your website. ...

Create content dedicated to the off-season. ...

Build content around weddings, meetings, sporting events. ...

Update your ad copy with off-season friendly verbiage. ...

Create campaigns that market off-season amenities...

Explanation:

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in the base year, what can we say about real gdp and nominal gdp?

Answers

In the base year, we can say that nominal GDP and real GDP are equal, but in subsequent years, real GDP provides a better measure of economic performance by adjusting for inflation.

In the base year, the inflation rate is zero, which means that the nominal GDP and real GDP are equal. This is because the prices of goods and services in the base year are used to calculate both nominal and real GDP. Therefore, in the base year, we can say that nominal GDP and real GDP are equal.

However, in subsequent years, as prices change, there will be a difference between nominal GDP and real GDP. This difference is due to inflation, which causes the prices of goods and services to increase over time.

As a result, nominal GDP will tend to overstate economic growth, while real GDP will provide a more accurate measure of economic performance by adjusting for inflation.

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the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 9,.09

Answers

In the graph, the per unit cost curves show the relationship between the quantity of shirts produced and the cost per unit. The demand curve represents the relationship between the price of shirts and the quantity demanded in the competitive industry.

To understand the graph, follow these steps:
1. Identify the x-axis as the quantity of shirts produced and the y-axis as the cost or price.
2. The per unit cost curves, labeled as AVC, ATC, and MC, show different cost levels at different quantities of shirts produced. AVC represents the average variable cost, ATC represents the average total cost, and MC represents the marginal cost.
3. The demand curve shows the maximum price consumers are willing to pay for different quantities of shirts. As the quantity of shirts increases, the price decreases.
4. The intersection of the demand curve and the average total cost curve represents the equilibrium point where the price and quantity of shirts are set in the competitive industry.
5. The equilibrium quantity of shirts is determined where the marginal cost curve intersects the demand curve.
6. The equilibrium price is determined by the demand curve at the equilibrium quantity.

Remember, the graph represents the relationship between per unit cost curves and the demand curve facing a shirt manufacturer in a competitive industry.

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