Answer:
$294,803.84
Explanation:
The computation of the equipment and the note is shown below:
Rate = 7% and the time = 3 years
Cash flow Table Value Amount Present Value
Par (Maturity) Value 0.81629 $320,000 $261,212.80
Interest (Annuity)
($320,000 × 4%) 2.6243 $12,800 $33,591.04
Price of equipment $294,803.84
The 0.81629 is
= 1 ÷ 1.07^3
And, the 2.6243 is the PVIFA factor
The correct answer among all the other choices is B. $210. This is the total amount of interest earned at the end of 3 years. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
Because saudi arabia and australia have <u>absolute advantage</u>, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
<h3>What is government?</h3>
Government can be defined as a group of people with the authority to govern a country.
So therefore, because saudi arabia and australia have absolute advantage, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
Learn more about government:
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The correct answer is D. Something of value that can be bought, sold, or traded
Explanation:
The word "commodity" is used in economics to refer to any good or product that has an economic value and due to this, can be part of the market. This means any commodity can be traded, sold, or bought. Moreover, this concept is mainly applied to raw materials such as coal, timber, or wheat that can be used to make other manufactured products such as plastics, furniture, or flour. According to this, the option that correctly describes the word commodity is option D.
