Answer:
$80541.
Explanation:
Please find the detailed answer as follows:
The Present value is the present value of a future amount of money or stream of cash flows of a specified rate of return
. Please refer to the present value formula .
Present Value = 20000/ (1+.10) ^1 + 30000/ (1+.10) ^2 + 50000/ (1+.10) ^3 = $80540.95 or $80541 .Therefore the correct answer is $80540.95 or $80541.
Answer:
It does not consider all the unemployed people.
Explanation:
The unemployment rate is a percent expression of the jobless labor force in an economy. In calculating the unemployment rate, the bureau of labor statistics considers only the unemployed people who have been actively seeking work in the past four weeks.
Due to this reason, the unemployment rate does not include all the jobless people in the country. Unemployed individuals who have lost hope of finding work, and those who did seek employment get excluded. Those engaged in other chores like caring for the sick or the elderly are also not considered.
Answer:
A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition.
Hope this helps!
Answer:
$3,860 will be needed to put into a tax-deferred retirement account every year if you plan on retiring in 40 years
Explanation:
Use Following formula to calculate the monthly payment required.
FV = P x [ ( ( 1 + r )^n ) - 1 ) / r ]
FV = Future Value = $1,000,000
R = RATE OF RETURN = 8%
N = NUMBER OF YEARS = 40 YEARS
P = Monthly Payment
$1,000,000 = P x [ ( ( 1 + 0.08 )^40 ) - 1 ) / 0.08 ]
$1,000,000 = P x [ ( ( 1.08 )^40 ) - 1 ) / 0.08 ]
$1,000,000 = P x 259.06
P = $1,000,000 / 259.06
P = $3,860.16
Answer: It examines ethical rules and principles within a commercial context
Explanation:
Business ethics is concerned with distinguishing between right and wrong actions and decisions that arise in a business setting.
Customers, management, and employees all appreciate honest and ethical practices. Business ethics are vital because they help maintain a great reputation, help avoid significant financial and legal issues, and ultimately benefit everyone involved.