Washam Company will need to borrow $70,000 by the end of June to meet their minimum cash balance requirement.
The amount that Washam Company will need to borrow by the end of June can be calculated by subtracting the cash balance, cash receipts, and net income for June and July from the budgeted cash disbursements for June.
Cash balance at end of June = Cash balance at beginning of June + Cash receipts - Cash disbursements - Net income
Cash balance at end of June = $17,000 + $150,000 - $201,000 - $11,000
Cash balance at end of June = -$45,000
Since the company must maintain a minimum cash balance of $25,000, they will need to borrow $70,000 to meet this requirement:
Amount to be borrowed = Minimum cash balance - Cash balance at end of June
Amount to be borrowed = $25,000 - ($45,000) = $70,000
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how much authority should be allowed to the resident project representative or inspector—should he or she be permitted to approve change orders affecting time or cost?
A knowledgeable Resident Project Representative should monitor the construction site (RPR). Depending on the project and the client's objectives, the duties and responsibilities of an on-site RPR can be very different.
Monitoring daily building activities is the responsibility of a resident project representative (RPR), who ensures that the project is being built in accordance with the contract terms and construction plans. They exist to lessen, and if feasible, eliminate, the possibility of building flaws or shortcomings. As used in this document, the term "Project Representative" refers to the person designated by the County as the Allocation's point of contact and decision-maker. Cases 1 and 2 Sample 3. A person appointed by a party in accordance with Section 3.2 is referred to as the project representative.
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Did you know that 72% of americans are burdened with debt? what makes this percentage surprising?
The fact that 72% of Americans are burdened with debt is quite surprising due to the fact that it is a high percentage of the population.
Especially considering that the US is the world's largest economy, it is alarming that so many people are struggling with debt. This statistic could indicate a lack of financial literacy among the American public, as well as a lack of access to good financial advice.
It could also potentially be a reflection of the rising cost of living and the fact that Americans are increasingly taking out more debt in order to finance their lifestyles.
Whatever the reason, this statistic is a strong indicator that more needs to be done to ensure that Americans are able to manage their finances responsibly and stay out of debt.
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describe a strategic challenge faced by a non-profit you’re familiar with. identify how they might address this problem and 1-2 ways in which they might turn your idea into action. *
The difficulties NGOs face are frequently very difficult. Your organization may be threatened by resource constraints, budget cuts, and unstable political conditions.
What are NGOs?An organization that operates without the assistance of a government is known as a non-governmental organization (NGO). Typically, it is non-profit.
NGOs, also known as civil society groups, are created on a local, national, and international scale to advance a social or political objective like a humanitarian cause or environmental protection.
NGOs may concentrate their efforts, for instance, on projects related to health or medical emergencies, education, infrastructure, the defense of minority rights, assistance to the underprivileged, and the lowering of crime.
NGOs rely on a range of financing sources, including membership fees, individual donations, and government grants. The goal of advocacy NGOs is to change public policy.
The Salvation Army, Amnesty International, and the American Red Cross are a few well-known NGOs.
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grace borrows $x for one year at a discount rate of 3%. she has use for an extra $2, 796.00. find x. round
To find the amount of money that Grace needs to borrow for one year at a 3% discount rate, you can use the formula A = P(1 + R)^N, where A is the amount to be borrowed, P is the desired amount of money after one year, R is the discount rate, and N is the number of years.
In this case, P is $2,796, R is 0.03, and N is 1. Solving for A yields A = $2,840. Rounding to the nearest whole number gives $2,840 as the amount Grace needs to borrow.
To understand the concept of a discount rate and how it affects borrowing, it is helpful to think of it in terms of an interest rate. A discount rate is an interest rate that is used to calculate the present value of a loan, or the amount of money that needs to be borrowed. The discount rate is the rate at which a lender discounts the future payments of a loan.
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Rajni cored 62% in englih,80% in mathematic and 56% in ocual cience IfThe maximum mark in thee ubject were 50,100 and,75 repective,find her aggregrate percentage
Using percentages we know that the aggerate mark of Rajini would be 66.82%.
What are percentages?In essence, percentages are fractions with 100 as the denominator.
We place the percent symbol (%) next to the number to indicate that the number is a percentage.
For instance, you would have received a 75% grade if you answered 75 out of 100 questions correctly on a test (75/100).
So, we know that:
English: 62% and max. marks are 50.
50/100 * 62 = 31
Maths: 80% and max. marks are 80.
80/100 * 80 = 64
Social Science: 56% and max. marks are 75.
75/100 * 56 = 42
Then, aggregate percentage:
31+64+42/50+80+75 * 100
137/205 * 100
66.82%
Therefore, using percentages we know that the aggerate mark of Rajini would be 66.82%.
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explain why a worker in venezuela might prefer being paid in eggs rather than in bolivars
A worker would prefer to be paid for eggs because the price of eggs as well as other products and necessities has surged as a result of hyperinflation. Because of the excessive Bolivar printing, hyperinflation in Venezuela erupted.
The Venezuelan government opted to create money in times of need since it is quicker than borrowing money or collecting money from taxes.
Venezuela is currently experiencing hyperinflation, which started in 2016 while the nation was still through a socioeconomic and political crisis. Inflation in Venezuela started in 1983 and hasn't stopped since, with double-digit annual inflation rates. A four-year period of hyperinflation, one of the longest in the world, ended in Venezuela after the socialist administration reduced the rate of currency printing and the country's primary currency evolved became the U.S. dollar.
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how long does it take to get your tax refund direct deposit?
The IRS states that it takes about 21 days for a tax refund to be processed and deposited into a bank account if the return is filed electronically and there are no issues with the return.
The time it takes to receive a tax refund via direct deposit depends on various factors such as the processing time of the Internal Revenue Service (IRS), the accuracy of the tax return, and the financial institution that the refund is being deposited into. On average, the IRS states that it takes about 21 days for a tax refund to be processed and deposited into a bank account if the return is filed electronically and there are no issues with the return. However, if the return is filed on paper or if the IRS needs to verify information on the return, it may take longer for the refund to be processed and deposited.
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what is the core product or benefit of a winter coat? select one: a. the warmth it provides b. the employment its manufacture provides c. its costs d. the materials it is made of
The warmth that a winter coat provides is its primary function and the reason why people buy it. So, The correct answer is option A.
A winter coat is designed to insulate the body from the cold and retain heat, ensuring that the person stays warm and comfortable even in sub-zero temperatures.
The materials used to make a winter coat, such as down or synthetic insulation, play a crucial role in determining its level of warmth.
In comparison, the employment that the manufacture of a winter coat provides is a secondary benefit. While it is essential to consider the impact that the manufacture of products has on the economy and people's livelihoods, the primary focus of a winter coat should be the warmth it provides.
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You sold short 300 shares of common stock at $55 per share. The initial margin is 60%.
What stock price would you receive a margin call if the maintenance margin is 35%?
The answer is , 65.18$ which is the stock price you would receive a margin call if the maintenance margin is 35%.
Which stock do you mean?An ownership certificate for any company's stock is referred to as a stock in the generic sense. The stock certificate of a certain corporation is referred to as a share, on the other hand. You become a shareholder if you own stock in a specific business. Common and preferred stocks fall under this category.
What is the difference between a stock and a share?An asset called a share symbolizes a company's partial ownership. An investment that represents a percentage of ownership in one or more companies is called a stock. A corporation can have two shares with different values that are equal to one another.
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time management can more accurately be described as
Time management, or simply knowing what to do and when to do it, is the ability to organize and schedule tasks and activities to help you reach your goals more successfully.
When the clocks advanced by an hour at 2 a.m. local time on Sunday, March 13, 2022, daylight saving time was declared. When daylight saving time (often mistakenly termed daylight savings time) finishes for the year coming Sunday, Nov. 6, at 2 a.m. local time, the clocks will go back one more time. The International Date Line, or UTC Civil time today is based on Coordinated Universal Time (UTC). With the help of extremely accurate atomic clocks and the Earth's rotation, this 24-hour time standard is maintained. You'd have to be moving at an endlessly fast speed if you wanted to stop time. According to Einstein's theory of relativity, nothing can travel at a speed faster than the speed of light (much less infinitely fast) without accumulating an endless amount of matter and energy.
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Which of the following statements is true of the Employee Retirement Income Security Act (ERISA) of 1974?
1. It makes vesting rights operational after 4 years of service at the most.
2.It allows an employee to carry a portion of his or her benefits to another job.
3.It prevents organizations from establishing private pension plans.
4.It specifies which employees are covered by overtime provisions and which are exempt.
It prevents organizations from establishing the private pension plans is true of Employee Retirement Income Security Act (ERISA) of 1974.
What is a pension plan?A pension plan is a benefit for employees that binds the company to regular contributions to a fund set aside to support payments made to qualified workers after retirement. Traditional pension systems are becoming more scarce in the private sector in the United States. They have basically been replaced with less expensive retirement benefits, such the 401(k) retirement savings plan. A pension plan requires contributions from both the company and the employee, who may additionally make additional contributions. To pay for employee contributions, a portion of wages are withheld. Additionally, the employer may match a portion of the annual contributions made by the employee up to a specific percentage or dollar amount. The two primary categories are defined-benefit and defined-contribution pension plans.
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all final goods and services that make up gdp can be expressed in the form: group of answer choices gdp
All final goods and services that make up GDP can be expressed in the form of consumption +gross investment +government expenditure + net exports.
What is nominal GDP?
A monetary indicator of the market value of all the finished goods and services produced over a given time period, frequently an annual or quarterly term, is known as the gross domestic product (GDP). Nominal GDP estimates are frequently used to assess an entire nation's or region's economic performance and to create global comparisons.
What is real GDP?
Economists can determine whether there is real growth between one year and the next by looking at real GDP. In order to account for price fluctuations, it is computed using prices for products and services from a base year rather than current prices.
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if the price of peanut butter were to increase, what would likely happen to the demand for jelly?
a. demand to increase
b. demand to decrease
c. supply to increase
d. supply to decrease
e. neither the demand nor the supply of jelly would be affected
The demand of jelly will b. demand to decrease if the price of peanut butter were to increase. It is because based on the supply and demand law, if the supply is decrease, the demand will increase.
In the term of business and microeconomics, supply and demand generally can be defined as an economic model of price determination in a market. The supply and demand law has a principle when a supply increases will impact through the demand that will decrease. But based on the statement above, if the supply is decrease, the demand will increase and it will impact through the increase of price in the global market.
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Objective quantity: p = 30x + 50y corner that maximizes profit: (0, 6) what is the profit?.
Which of the following would tend to increase the price of lumber?a. a technological advance that lowers the cost of cutting timberb. an increase in the demand for newly constructed homesc. a decrease in the demand for wooden rocking chairsd. a decrease in the tax imposed on firms who produce lumber
The following would tend to increase the price of lumber :b. an increase in the demand for newly constructed homes.
An increase in supply is represented by a new source of lumber. A rise in supply results in a drop in pricing, as per the rules of supply and demand. The equilibrium price is the price on the market right now. It is the cost that consumers are prepared to incur in exchange for the amount that vendors are putting on the market. In other words, it serves as the market's meeting place for the supply and demand sides. A new source of lumber will boost supply, which will cause the supply curve to change. In the market, a new equilibrium with a lower price will develop.
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Which statement about balancing selection is correct? ANSWER:When balancing selection occurs, all genotypes have equal or balancedbiological fitness.When balancing selection occurs, certain alleles are favored when they are common, but not when they are rare.When balancing selection occurs, no single allele has a distinct advantage and increases in frequency.When balancing selection occurs, homozygous dominant and homozygous recessive individuals have equal or balanced biological fitness.
The correct response is a. When balancing selection occurs, all phenotypes have equal fitness.
Height, the length of the wing, and hair colour are phenotypic. Observable traits that can be assessed in a lab, such as the quantity of hormones or blood cells, are frequently included in phenotypes. The genetic makeup of an individual is called their genotype. The two alleles that a person has inherited for a single gene are referred to by this phrase in more detail. A patient's clinical presentation is the observable manifestation of this genotype, or phenotype. We draw inferences about an organism based on an examination of its external features and traits. It is little more difficult to observe the genotype, though. Using biological assays, the process of genotyping involves examining variations in an individual's genotype.
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Which statement about balancing selection is correct?
a. When balancing selection occurs, all phenotypes have equal fitness.
b. When balancing selection occurs, certain phenotypes are favored when they are common but not when they are rare.
c. When balancing selection occurs, phenotype does not matter.
d. When balancing selection occurs, no single phenotype has a distinct advantage over others in terms of fitness.
A company has earnings per share of $3.10, it paid a dividend of $2.40 per share, and the market price of the company's stock is $64 per share. The price/earnings ratio is closest to: (Round your answer to 2 decimal places.)
a. 1.29.
b. 91.43.
c. 20.65.
d. 9.60.
The market charge per share is used to decide a company's market capitalization, or "market cap." To calculate it, take the most latest share rate of a employer and multiply it by the whole quantity of notable shares.13 Sept 2022
What is the dividend on an 8 percentage preferred stock that presently sells for $45 and has a face fee of $50 per share *?What is the dividend on an 8 percentage preferred inventory that presently sells for $45 and has a face fee of $50 per share? 12.4 percent. Note: To decide the growth charge take only the values in years 1 and 5.
What is the formulation of fee to revenue ratio with example?P/E Ratio is calculated by using dividing the market charge of a share via the revenue per share. P/E Ratio is calculated by means of dividing the market rate of a share through the income per share. For instance, the market charge of a share of the Company ABC is Rs 90 and the revenue per share are Rs 9 . P/E = ninety / 9 = 10.
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a. what is the overall growth trend in nominal median household income in the united states between 1984 and 2019? what does that mean in economic terms?
Between 1984 and 2019, the nominal median household income in the United States has shown an overall growth trend. This means that the average income of households has increased over time, which is generally a positive sign for the economy.
Median household income is a commonly used metric to measure the economic well-being of a nation. It refers to the middle value of household income when the household incomes are ranked in a list from lowest to highest. The trend of median household income is an important indicator of the overall economic health of a nation.
The nominal median household income is calculated without adjusting for inflation, which means that the increase in income is not necessarily real. However, it is still an important metric to track as it provides insight into how the average household is faring financially.
The growth trend in median household income can be attributed to a number of factors, including increased economic growth, rising productivity, and higher wages. A growing economy typically means that more jobs are created and people are earning more money. This, in turn, leads to an increase in consumer spending, which stimulates further economic growth. The trend in median household income can also be influenced by changes in population demographics, such as the ageing of the population and the increasing number of women entering the workforce.
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The Mountain Top Shoppe has sales of $512,000, average accounts receivable of $31,400 and average accounts payable of $24,800. The cost of goods sold is equivalent to 71 percent of sales. Compute the firm’s accounts payable period?
A. 21. 76 days B. 22. 38 days C. 24. 90 days D. 25. 89 days
E. 26. 67 days
Answer:
: Option C. 24.90 days.
Explanation:
In modern organizations, _____ are the most important resource. employees.
In modern organizations, employees are considered the most important resource.
What is the most important resources in modern organization?Employees are the driving force behind the organization's success:They are responsible for executing the organization's strategies, goals, and objectives.They interact with customers, clients, and partners, and play a critical role in the organization's reputation.Employees bring unique skills and expertise:Each employee has unique skills, knowledge, and experience that contribute to the organization's overall capability and competitiveness.This diversity of skills and perspectives is essential for innovation and problem-solving.Employee satisfaction and engagement drive performance:Employee satisfaction and engagement are key indicators of organizational performance.When employees are satisfied and engaged, they are more productive, motivated, and committed to the organization.Attracting and retaining top talent is essential for competitiveness:Organizations need to attract and retain top talent to remain competitive in a rapidly changing business environment.This requires creating a positive work environment, offering competitive benefits, and providing opportunities for growth and development.Therefore, modern organizations understand the importance of investing in their employees and creating an environment that fosters their growth and development. This is essential for organizational success in today's rapidly changing business landscapeTo learn more about organization refer:
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Justin bieber sold his entire music catalog. how much did he get for it?
Answer:
$200 million
:)
What is the slack time for Activity F and the late start for Activity H? Group of answer choices
2 weeks, 11 weeks
1 weeks, 11 weeks
3 weeks, 10 weeks
2 weeks, 12 weeks
None of the above are correct.
The correct answer is 2 weeks for Activity F and 11 weeks for Activity H.
Activity F has a slack time of 2 weeks and Activity H has a slack time of 11 weeks. This means that Activity F must begin within 2 weeks of its predecessor activities completing, and Activity H must begin within 11 weeks of its predecessor activities completing.
The slack time of each activity is determined by the earliest possible start date of that activity, and the latest possible start date of that activity. If the activity starts earlier than the earliest possible start date, then it has a slack time of zero. If the activity starts later than the latest possible start date, then the project is delayed. It is important to take into account the slack time of each activity when planning a project, as this ensures that the project stays on schedule and within budget.
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Which of the following is a direct responsibility of the project manager? O A. O B. ° C. O D. calculating completion probabilities for all tasks in the project making sure that the people assigned to the project receive the motivation, direction, and information needed to do their jobs performing all of the activities in the project drawing the network diagram
A project manager is in charge of organizing, acquiring, carrying out, and finishing a project. The project manager is in charge of overseeing all aspects of the project, including the project scope, team management, and resources allocated to the project. oversee, manage, and inspire the project team.
Create and keep up a clear project plan with step-by-step plans. comprehend and put into practice risk management and business case processes. Adapt specialized knowledge to a given set of conditions. The business responsibility for a project's effective implementation falls on the project owner. The project owner will: Assist the project manager in setting the team's direction and overseeing the execution of project operations.
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What is the effect of a fiscal expansion on output and interest rates when exchange rates are fixed and capital is perfectly mobile? Show this rigorously
An expansionary fiscal policy boosts output but has minimal impact on the exchange rate. As a result, net exports decrease.
The domestic output, Y, and the exchange rate, E, have an inverse relationship with net exports, NX = NX (Y, Y*, and E). An expansionary fiscal policy boosts output but has minimal impact on the exchange rate. Net exports consequently decrease. Expansionary or loose macroeconomic policy seeks to promote economic expansion. Two examples of expansionary policy are fiscal or monetary policy (or a combination of the two). In order to lessen the negative effects of economic cycles during slowdowns and recessions, Keynesian economists support it as a comprehensive approach to policy. An expansionary fiscal policy aims to increase economic growth throughout a business cycle's contractionary stage. Reducing unemployment, boosting consumer demand, and averting a recession are among the objectives of the government.
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ou are a project manager for a non-governmental organization. you have been assigned to a project that is in its earliest stages of development and involves providing a water purifying system for a small town in a developing country. your company has completed similar projects in the past. where would be the best place to start gathering information to document the preliminary scope of the project? answers a. organizational process assets b. progressive elaboration c. enterprise environmental factors d. project management information system
Organizational process assets would be the best place to start gathering information to document the preliminary scope of the project.
What are organizational process assets?
Two ways in which the organizational process assets might be seen are as processes and procedures and as corporate knowledge bases. Utilize the organizational process assets you have to comprehend the rules, regulations, and obligations that apply to your project. As a result, anything the organization has gained that you may employ in the project's management would be considered an organizational process asset. Plans, rules, guidelines, and practices—both formal and informal—are included. Regardless of the project's type, these are crucial for the planning stage. Policies for estimating, budgeting, and control, as well as templates, forms, and data on prior projects, are a few examples of organizational process assets.
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59)+a+borrower+who+has+a+90%+loan+at+7.5%+interest+with+a+2%+annual+interest+rate+cap+must+qualify+at:
A borrower with a 90% loan at 7.5% interest with a 2% annual interest rate cap must qualify at a higher interest rate.
When a borrower takes out a loan, they must qualify at an interest rate that is higher than the expected interest rate on the loan. This is because the interest rate on the loan may increase over time, and the lender wants to ensure that the borrower will be able to repay the loan even if interest rates go up.
In this case, the borrower has a loan with a 7.5% interest rate and a 2% annual interest rate cap. This means that even if interest rates increase, the interest rate on the loan will not exceed 9.5% (7.5% + 2% cap). However, the borrower must still qualify at a higher interest rate, as a precaution against potential future increases in interest rates.
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FILL IN THE BLANK. for corporate leaders, their firm's ability to ________ must be of paramount importance.
Environmental responsibility, ethical duty, charitable responsibility, and economic responsibility are the four basic categories of corporate social responsibility.
Companies can, however, consider other aspects of CSR, such as diversity, inclusiveness, well-being, and employee engagement. Corporate social responsibility is the managerial obligation to take action to safeguard and improve both the welfare of society as a whole and the interests of organizations. It is a company's responsibility to have a good impact on society while minimizing its negative impact. A business practice that considers the economic, social, and environmental consequences of the company's actions. The goal of corporate social responsibility is to give back to the community, participate in charitable activities, and generate positive social value. Businesses are increasingly looking to CSR to make a difference.
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Upon further review, the city planner uncovers a second externality. Rehearsals for the plays tend to run until late at night, with actors, stagehands, and other theatre members coming and going at various hours. The planner has found that the increased foot traffic improves the safety of the surrounding streets, an estimated benefit to the community of $2 per ticket. what might be some benefits generated by the theater?
Theater can have numerous benefits for a community. In the scenario described, the city planner uncovered one such benefit, improved street safety due to increased foot traffic from theater rehearsals running late into the night. However, there are many more benefits that a theater can generate.
First, theater can have an economic impact by bringing in money from ticket sales, concessions, and parking. The estimated benefit of $2 per ticket in this scenario is just the beginning of the financial benefits a theater can bring to the community.
Second, theater can serve as a cultural hub, offering diverse entertainment options and promoting arts education. It can bring together members of the community to experience live performances and engage with different perspectives and ideas.
Third, theater can also provide job opportunities, both on and off the stage. From actors to stagehands, theater provides employment and career advancement opportunities in the arts and entertainment industries.
Fourth, theater can serve as a community gathering place, offering a venue for events, meetings, and social gatherings. This can help to foster a sense of community and bring people together.
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When a country allows trade and becomes an exporter of a good:a. consumer surplus and producer surplus both decrease.b. consumer surplus and producer surplus both increase.c. consumer surplus increases and producer surplus decreases.d. consumer surplus decreases and producer surplus increases.
When a country allows trade and becomes an exporter of a good consumer surplus decreases and producer surplus increases. Domestic producers profit and domestic consumers suffer when a nation opens its borders to trade and starts exporting goods.
Trade causes the overall surplus to rise. When a nation is able to get a competitive producer in the manufacturing of a specific good, it is more likely to start exporting that good. This competitive advantage is frequently fueled by an abundance of raw resources and affordable labour. In economics, the term "consumer surplus" refers to the difference between the price a consumer pays for a good and the amount he would be prepared to pay rather than go without it.
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What equal payments in 3 years and 4 years would replace payments of $40,000 and $67,500 in 7 years and 8 years, respectively? Assume money can earn 3.48% compounded monthly.
Press CPT PV = 3071.582953 with P/Y=2 and C/Y=2 set to 4000 FV 9 I/Y 6 N. Thus, $3071.58 is now the equivalent of $4000.00 in payments.
Any sum of money subject to interest rates will increase over time. The concept of time worth of money is crucial. Equivalent value or dated value refers to the value of an original sum at any given moment. The original amount and interest accrued up to the dated value date are combined to create the comparable payment. Money amounts are not directly comparable if they are payable or due at separate times. A time period, known as the focal date or comparison date, must be selected in order to make the amount of money comparable. Any moment can be selected as the focal date to determine the Equivalent Payments in compound interest; the decision has no bearing on the results.
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