For 20 months does Dagogo need to upload videos to get to 9,000,000 views on his channel.
Given:
Dagogo uploads 3 videos on his channel consistently. Every video gets a normal of 1,500,00 views.
To find:
How long does Dagogo expected to transfer videos to get 90,000,00 views on his channel.
Stage 1
Dagogo transfers 3 videos on his channel every month.
Every video gets a normal of 1,500,00 views
⇒ 3 Video get Views = 3 * 1,500,00
= 4,500,000 Views
⇒ Views each month = 4,500,00 views
Complete Views = 90,000,000Views
Stage 2
Number of months = Complete Views/Views each month
⇒ Number of months = 90,000,000/4,500,000
Number of months 20 Months
For a very long time Dagogo expects to transfer videos to get 90,000,000 views on his channel.
Consequently, the right response is 20 months.
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the complete question is:
Dagogo uploads 3 videos on his channel every month. Each video averages 15 minutes in length and gets an average of 150,000 new views. The average ratio of likes-to-views of Dagogo's videos is 1:5. Dagogo wants to reach a total of 9,000,000 views on his channel. Assuming these rates continue, for how many months does Dagogo need to upload videos to get to 9,000,000 views on his channel?
in the short run, a restrictive fiscal policy will cause aggregate demand, output, and the price level to change in which of the following ways? responses aggregate demand output price level decrease decrease decreaseaggregate demand output price level decrease decrease decrease , aggregate demand output price level decrease increase increaseaggregate demand output price level decrease increase increase , aggregate demand output price level increase decrease decreaseaggregate demand output price level increase decrease decrease , aggregate demand output price level increase increase increaseaggregate demand output price level increase increase increase , aggregate demand output price level not change not change not change
Because firms can create more output at all price levels with increased productivity, the SRAS curve moves to the right as productivity increases.
What is an example of productivity?
The most frequent input is labor hours, and the output is measured in either the number of units produced or the amount of sales. For instance, if a factory produced 10,000 widgets last month but only received payment for 5,000 hours of work, its productivity would only be two widgets per hour (10,000 / 5,000). Productivity is the efficiency with which a task is completed. It can be defined as the rate at which a company or country produces goods and services (output), usually measured in relation to the amounts of inputs (labor, capital, energy, or other resources) used to produce those goods and services.
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explain why the saving curve slopes upward in the saving-investment diagram. explain why the saving curve slopes upward in the saving-investment diagram.
The slope of the supply of loanable funds curve is explained by the hypothesis that saving curve slopes is encouraged by higher real interest rates.
The slope is a crucial concept in economics since it may be used to gauge how quickly things are changing. The evolution of things and how one item changes as a result of the evolution of another is a common subject of study for economics. By dividing the change in the vertical amount by the change in the horizontal amount, the saving curve slopes of a line is determined.The assumption underlying the supply of loanable funds curve is that in the scenario described above, a higher real interest rate would be in effect regardless of whether the ground slopes upward or downward.the entire query is not asked; of finance and economics (the amount borrowed).
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which of the following statements regarding a 15-year (180-month) $125,000, fixed-rate mortgage is correct? (ignore taxes and transactions costs.) question 14 options: the remaining balance after three years will be $125,000 less one third of the interest paid during the first three years. because it is a fixed-rate mortgage, the monthly loan payments (which include both interest and principal payments) are constant. interest payments on the mortgage will increase steadily over time, but the total amount of each payment will remain constant. the proportion of the monthly payment that goes towards repayment of principal will be lower 10 years from now than it will be the first year. the outstanding balance declines at a slower rate in the later years of the loan's life.
In the statements regarding a 15-year (180-month) $125,000, fixed-rate mortgage, Because it is a fixed-rate mortgage, the monthly loan payments (which include both interest and principal payments) are constant.
What is the rate?The word rate is defined as, the numerator of the ratio conveys the corresponding rate of change in the other (dependent) variable. A rate in mathematics is the examination of two related values referred in different units.
The term fixed rate mortgage is referring as, the home loan option as with a specific interest rate as per the entire term of the loan. As the mortgage rate never changes over the lifetime of a loan.
Therefore, The right option (A) is correct.
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which of the following statements about industry dynamics is true? multiple select question. over time, industry structures are not stable. firms in an industry have a tendency to fragment in order to increase profitability. the five forces model takes into account industry dynamics. the five forces model is a static model.
The five forces model takes into account industry dynamics. the five forces model is a static model about industry dynamics is true.
What are the dynamics of your industry's competition?The set of actions and reactions that all businesses that compete in a given market take together constitute competitive dynamics. In order to forecast the competitive actions and responses that each of their competitors is likely to take, businesses research competitive rivalry.
The study of interfirm competition known as competitive dynamics includes competitive behaviors and responses, their micro- and macro-level contexts, as well as their causes and effects.
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7. Marianne Gorman had been an assembler for 33 years when she became permanently
disabled. Marianne was 54 years old and had planned to retire in 11 years. Her final average
salary was $41,905. The rate of benefits of the plant is 2.5%. What is her monthly disability
benefit?
The monthly disability benefit is given as $87.30.
How to solve for the disability benefitTo calculate Marianne's monthly disability benefit, we need to find the average of her highest consecutive 60 months of earnings, and then multiply that amount by the benefit rate of 2.5%.
Let's assume that her highest consecutive 60 months of earnings was equal to her final average salary of $41,905.
The monthly average of her earnings would be:
$41,905 ÷ 12 = $3,492.08
And her monthly disability benefit would be:
$3,492.08 × 2.5% = $87.30
So, Marianne's monthly disability benefit would be $87.30.
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Which of the following factors would you expect to affect aggregate demand and which aggregate supply? State whether
the effect is likely to be an increase or a decrease and give a
reason for your answer.
[a] An increase in the number of single mothers going out to
work;
[b] An increase in the price of imported oil;
C) An increase in business confidence;
[d] An uncontrolled increase in manual wages;
[e] A fall in the nominal money supply:
[f] A shift in the distribution of income from rich to poor;
[g]An increase in demand for more leisure time by cutting
the number of hours in work.
Answer:
C
Explanation:
I'm going to keep it simple but I do believe it's c
which market model would you classify pizza hut in? why? be specific-yes, there is only one choice. next, explain why pizza hut has expanded its offerings of pizza over the past five decades, and discuss the long-run profitability of such a strategy. why is this information relevant to know in understanding how businesses operate?
Six other types of pizza have recently been added to Pizza Hut's menu as part of a product growth strategy meant to boost revenue and profits.
Explain the business strategy of Pizza Hut.In order to boost sales and earnings, Pizza Hut's main business strategy and goal when adding new products or services is to do so. A company increases its sales in the current market by offering diversity when it uses a product expansion strategy, also known as product development.
When a proactive corporation adds new goods as the marginal utility of previous ones starts to drop due to changing business conditions, a product expansion growth strategy frequently works successfully. Expanding the company's product line provides prospects for higher overall profitability in the long run and keeps new or current investors engaged.
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Which is not one of the five philosophical prepositions of external financial reporting?
1. External realism
2. Subjective judgement
3. Insider trading practices
4. Commitment to rationalism
Insider trading activities is the philosophical preposition that doesn't belong to the 5 philosophical prepositions of external financial reporting. Thus, Option 3 is correct.
This term refers to the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information. It is not one of the philosophical prepositions that guide external financial reporting. The other three options, external realism, subjective judgement, and commitment to rationalism, are all philosophical prepositions that are relevant to external financial reporting.
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performance dimensions on which customers expect a minimum level of performance are called: group of answer choices recommended daily allowances. order qualifiers. order winners. minimum performers.
Performance dimensions on which customers expect a minimum level of performance are called B. order qualifiers.
What are order qualifiers ?Order qualifiers are performance dimensions on which customers expect a minimum level of performance. These are criteria that must be met in order for a customer to consider making a purchase.
Examples of order qualifiers may include factors such as product quality, reliability, price, delivery time, customer service, and brand reputation. If a company fails to meet the minimum level of performance in any of these areas, the customer may choose to purchase from a competitor instead.
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performance dimensions on which customers expect a minimum level of performance are called order qualifiers.
Suppliers will be willing to supply a product only if a. the price received is less than the additional cost of producing the product. b.the price is higher than the average cost of producing the product. c.the price received is at least double the additional cost of producing the product. d. the price received is at least equal to the additional cost of producing the product.
Option D is correct, suppliers will be willing to supply a product only if the price received is at least equal to the additional cost of producing the product.
Why are suppliers willing to supply more at a higher price?If expenses aren't rising too quickly, higher prices encourage producers to produce more of the good or commodity. A cost squeeze brought on by lower pricing limits supply. As a result, supply slopes are ascending and sloping from left to right.
What happens to the supply of a product when the price is set low?Up until a market-clearing price is again reached, supply will rise. Suppliers who can't make ends meet will stop selling if prices drop. The quantity that suppliers are willing to produce at each price is typically combined by economists into an equation known as the supply curve.
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what is it called when a firm undertakes action to counter the effects of a competitor's competitive action?
A strategic or tactical action taken by a business to lessen the effects of a competitor's competitive move is known as competitive retribution.
What is the term for a strategic reaction to participating in conflict?
When an organization engages in competitive rivalry, they engage in a variety of competitive behaviors and acts, which are referred to as competitive conduct. Competitive dynamics are the collective actions and responses that all enterprises that compete in a given market take.
What constitutes a competitive response strategy?
A competitive reaction is a move performed in response to an opponent's move. Because of this, companies who are considering competitive action should be aware that their competitors might respond.
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which of these is a psychological influence on the consumer behavior decision process?
Perception and belief system is a psychological influence on the consumer behavior decision process.
What do psychological influences entail?
The characteristics of your personality known as psychological qualities may limit or aid your ability to think. Depending on your personality, something as simple as communicating can be made either very tough or very easy.
What is consumer behavior?
Consumer behavior is the study of persons, groups, or organizations and all behaviors related to the purchase, use, and disposal of goods and services. Consumer behavior is the study of how a person's emotions, attitudes, and preferences affect their decision to make a purchase.
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multiple choice question amy and ethan are married and file a joint return for 2022. their taxable income is $78,500. what is the amount of their tax liability (use the tax rate schedules)? multiple choice question. $9,420 $9,009 $12,887 $5,901
$9,009 approx is the amount of their tax liability of amy and Ethan. The correct option is B.
What is the concept of tax liability?Tax liabilities are the total amount of tax owed over a given time period to taxing entities such as the federal or state governments or local governments such as municipalities. Individuals and businesses must pay taxes on their earnings.
To determine the amount of Amy and Ethan's tax liability, we need to use the tax rate schedules for 2022. Based on their taxable income of $78,500, their tax liability can be calculated as follows:
The first $19,900 is taxed at a rate of 10%: $19,900 x 0.10 = $1,990
The amount over $19,900 but not over $81,050 is taxed at a rate of 12%: ($78,500 - $19,900) x 0.12 = $6,168
Their total tax liability is the sum of these two amounts: $1,990 + $6,168 = $8,158
Therefore, the closest option to their tax liability is $9,009. However, this is not the exact amount of their tax liability.
Thus, the ideal selection is option B.
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calculate the overall cpi for the retired person and for the college student by multiplying the cpi for each of the categories by the relative importance of that category to the individual and then summing each of the categories. the cpi for all items in august 2019 was 158.4.
The overall consumer price index is 210.46. To calculate the CPI for the retired person and college student:
For the retired person:
CPI for housing = 242.8 x 0.10 = 24.28
CPI for food = 248.0 x 0.15 = 37.20
CPI for transportation = 194.6 x 0.05 = 9.73
CPI for medical care = 460.5 x 0.60 = 276.30
CPI for education = 246.9 x 0 = 0
CPI for recreation = 117.2 x 0.10 = 11.72
Overall CPI for retired person = 24.28 + 37.20 + 9.73 + 276.30 + 0 + 11.72 = 359.53
For the college student:
CPI for housing = 242.8 x 0.05 = 12.14
CPI for food = 248.0 x 0.15 = 37.20
CPI for transportation = 194.6 x 0.20 = 38.92
CPI for medical care = 460.5 x 0 = 0
CPI for education = 246.9 x 0.40 = 98.76
CPI for recreation = 117.2 x 0.20 = 23.44
Overall CPI for college student = 12.14 + 37.20 + 38.92 + 0 + 98.76 + 23.44 = 210.46
Comparing the CPI for the retired person and college student to the overall CPI of 239.4, we can see that the CPI will overstate the increase in the cost of living for the retired person and understate it for the college student.
This is because the CPI is based on a fixed market basket that may not accurately reflect the spending patterns of specific individuals or groups. In this case, the retired person's market basket is heavily weighted towards medical care, which has a higher inflation rate than other categories, while the college student's market basket is heavily weighted towards education, which has a lower inflation rate.
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Reporting wrongdoing in a business or government is known as:_______
When a whistleblower alerts someone outside the organization, such as the media, about wrongdoings, this is referred to as external whistleblowing.
Describe the whistleblower.Those who are considered to be able to take action, such as the organization itself, the appropriate authorities, or the public, are informed of corruption or other wrongdoing occurring in or by an organization by whistleblowers.
A government whistleblower is what?Any person who gives the appropriate information to the appropriate parties is considered a whistleblower. To put it another way, legal whistleblowing happens when someone informs a designated recipient of material that they frankly feel shows wrongdoing.
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chuck and mike need to divide a couch and a pool table. using the method of sealed bids, they place the following bids on the items. chuck bids $528 on the couch, and $94 on the pool table. mike bids $118 on the couch, and $157 on the pool table. chuck will get the couch. mike will take the pool table and will also get a little bit of money from chuck. to make the division fair, how much money will chuck have to give to mike?
To make the division fair Chuck will have to give $410 to Mike.
What is the division ?Division is a mathematical operation that is used to determine the number of equal parts that can be made from a whole. It is the opposite of multiplication, which is used to find the total number when a number is multiplied by another number. Division is used to divide a number into equal parts and it is also used to find the remainder when a number is not divisible by another number. Division can be expressed in a fraction, decimal, or percentage.
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with which profit-sharing formula does the profit-sharing pool become funded only after profits exceed a predetermined level, but fall below some established maximum level? question 3 options: equal payments fixed first-dollar-of-profits graduated first-dollar-of-profit profitability threshold
Option D is correct, profitability threshold. The profitability threshold is the point at which a business breaks even and starts to turn a profit.
Employees who participate in profit-sharing plans receive a portion of the company's profits as a retirement benefit. An employee is given a share of the company's profits under this sort of plan, also known as a deferred profit-sharing plan (DPSP), based on its quarterly or annual earnings. A profit-sharing plan is a terrific way for a company to offer its staff a sense of ownership in the organisation, but there are usually limitations on when and how a person can withdraw these funds without incurring penalties.
Profit-sharing, sometimes known as a bonus pool, is a mechanism for businesses to provide employees additional compensation for their work.
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if you are meeting with an existing member about their plan needs for the coming year, you may want to review their anoc letter. reviewing this information with your clients, will help them decide whether or not they may need to change plans based upon their needs. anoc stands for:
Annual Notice of Changes. ANOC stands for "Annual Notice of Change." It is a notice that health insurance companies are required to send to their members every year to inform them of any changes that will be made to their health plan in the coming year.
The ANOC letter typically includes information such as changes to premiums, benefits, deductibles, copayments, and network coverage. By reviewing the ANOC letter with their clients, insurance agents and brokers can help their clients understand how the changes will impact their coverage and costs, and make informed decisions about whether or not to switch plans.
An Annual Notice of Change (ANOC) is a document that health insurance companies are required to send to their members every year by law. The ANOC letter outlines any changes that the insurance company will be making to its health plans in the upcoming year. These changes can include adjustments to premiums, benefits, co-payments, deductibles, or the network of providers covered by the plan
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If you are meeting with an existing member about their plan needs for the coming year, you may want to review their ANOC letter. reviewing this information with your clients, will help them decide whether or not they may need to change plans based upon their needs? ANOC stands for:
the adjusting factor in the creation of a common size income statement is ___.
An income statement with each line item expressed as a percentage of revenue or sales is referred to as having a "common size income statement."
What exactly does the word "expressed" mean?
leaving no opportunity for interpretation; being precise and simple. Predictable, clear, and well-defined are three adjectives that are comparable to one another. capable of naming, designating, or indicating expressly in any way.
She glanced at him and gave him an incredibly angry expression. I was puzzled by her expression and couldn't make sense of it. He looked at me with a weird expression on his face. What a vulgar pose! Nothing in her expression could be interpreted.
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true or false: memoranda are usually written for external audiences (clients, prospective clients, and others who are outside of the company in which one works).
False. Memoranda, also known as memos, are usually written for internal audiences within a company or organization.
Memos are a form of business communication that are used to convey important information, updates, requests, or directives to colleagues, supervisors, or subordinates. They are an efficient and effective way of communicating within an organization, as they can be quickly circulated and easily referenced. Memos are often used to communicate changes in policies, procedures, or business practices, as well as to provide updates on projects or to request information or action from other employees. They may also be used to convey important announcements or to share news about company events or milestones. Memos are usually relatively short and to the point, and are often structured with headings, bullet points, or numbered lists to make them easy to read and understand. While memos are typically written for internal audiences, they may be shared with external audiences in certain situations. For example, a memo may be used to communicate with vendors or suppliers, or to provide information to customers or clients. However, in general, other types of business communication, such as letters, emails, or reports, are more commonly used for external audiences. Memos can be written in a variety of formats, depending on the organization's preferences and the purpose of the memo. They may be handwritten or typed, and may be sent as hard copies or as electronic documents. Memos may also be distributed through an organization's intranet or other electronic communication channels.
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gross (or total) income includes: multiple choice exclusions. tax deductions. tax-deferred income. passive income. tax-exempt income.
The correct answer is: exclusions, Tax-deferred income, passive income, and tax-exempt income are not included in gross (or total) income, but tax deductions are subtracted from gross income to arrive at taxable income.
Exclusions are income that is specifically excluded from taxation by the Internal Revenue Service (IRS), such as certain types of worker's compensation benefits, life insurance proceeds, and gifts.
Tax-deferred income is income that is not taxed in the year it is earned, but is instead taxed at a later date when it is withdrawn, such as contributions to a traditional IRA or 401(k) plan.
Passive income is income that is earned from investments, such as rental income or capital gains, and is not subject to payroll taxes.
Tax-exempt income is income that is exempt from federal income tax, such as interest from municipal bonds or certain types of Social Security benefits.
Tax deductions, on the other hand, are expenses that can be subtracted from gross income to arrive at taxable income, such as charitable contributions, mortgage interest, and state and local taxes.
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developing competitive advantage increases an organization's ability to obtain scarce resources. group of answer choices true false
The resource-based view (RBV), a managerial paradigm, is used to pinpoint the strategic resources a business could employ to gain a sustainable competitive advantage.
Test your understanding of what it means for a company to have a competitive advantage ?
A good or service that customers of a company regard more highly than equivalent goods from a competition is said to have an advantage in the marketplace.
What benefits can a business have over the competition?
A company's competitive edge is what sets it apart from its rivals in the eyes of its customers. These advantages help a corporation achieve and maintain higher profitability, a better growth trajectory, or greater client loyalty. A competitive advantage is frequently referred to as a "protective moat."
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Which of these is not part of the process of consumption?
O Reverse Marketing
O Alternative Evaluation
O Information search
O Need Recognition
The correct option is A. Reverse Marketing is not part of the process of consumption.
Consumption is the act of the usage of property to satisfy modern needs and goals. extra modern-day theoretical techniques are based totally on behavioral economics and suggest that a few behavioral standards can be taken as microeconomic foundations for a behaviourally-primarily based mixture consumption feature. consumption is the number one concept in economics and is also studied in lots of various social sciences.
Economists are especially inquisitive about the relationship between intake and income, as modeled with the intake function. A similar realist structural view may be determined in intake theory, which perspectives the Fisherian intertemporal desire framework because of the real structure of the consumption characteristic. not like the passive approach of structure embodied in inductive structural realism, economists outline structure in terms of its invariance underneath intervention.
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what is the present value of a $100 lump sum to be received in five years if the opportunity cost rate is 10 percent?
62.09 is the present value of a $100 lump sum to be received in five years if the opportunity cost rate is 10 percent.
Present value (PV), also known as present discounted value, is the worth of a projected income stream computed as of the valuation date in economics and finance. Because money has the ability to generate interest, the present value is normally less than the future value, unless interest rates are zero or negative, in which case the present value is equal to or greater than the future value.
The expression "a dollar now is worth more than a dollar tomorrow" can be used to indicate time value. 'Worth more' in this context suggests that its value is greater than tomorrow's. Present value and future value computations are used to value loans, mortgages, annuities, sinking funds, perpetuities, bonds, and other assets.
Present Value of $ 100 to be received in 5 yrs:
Present value = 100*(1/(1.10^5)
Present value = 62.09213
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The most basic question in an ethics-based management system is asking the question:
a) Is it balanced?
b) Is it legal?
c) Who will know?
d) Has it been done before?
b
Is it legal is the most basic question in an ethics based management system.
What three categories exist for management ethics?Managerial ethics are moral principles or standards of behaviour that managers of organisations employ to conduct their operations. According to Archi B. Carroll, managers fall into one of three categories based on their moral or ethical judgement: immoral management, amoral management, or moral management. A little more specifically, ethical management requires individuals who are in charge of a certain department or the entire organisation to put good deeds into action. These strategies must support not only the employees of the company but also the organisation as a whole. Two coworkers who follow different religions argue about their ideologies.
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the great outdoors is having a sale on their road bikes. the store is also offering financing to those who qualify. the road bike that you are interested in is a bianrekmondiant that is on sale for $2,199. the sales associate informs you that the closed-end installment loan offered by the store is a 36 month installment plan with monthly payments of $82.83. determine the finance charge (interest) of the installment loan.
The finance charge (interest) of the installment loan is $1,333.08.
What is the finance ?Finance is the study and management of money, investments, and other financial assets. It includes understanding and analyzing financial markets, financial instruments, financial institutions, and the money flows in an economy. It is a broad field that covers topics such as personal financial planning, corporate finance, investments, banking and insurance, public finance, and international finance. The goal of finance is to maximize wealth and minimize risk. This can be achieved by managing resources, setting goals, analyzing data, and making informed decisions.
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2. the design studio you rented requires you to sign a lease for 60 months, at seven thousand dollars monthly, with the first payment due today. at an apr of .0524 (monthly compounding), what is the present value of the entire stream of payments you will have to make?
You must sign a lease for the design studio you rented for 60 months at a rate of $7,000 per month, with the first payment due today.
What is the synonym of rented?
Charter, hire, lease, and let are a few frequent alternatives of the word rent. Rent emphasises the payment of money for the complete use of property and might indicate either hiring or letting, even if all these phrases mean "to engage or grant for use at a fee." Renting is when a tenant wants to pay a landlord in exchange for residing on that landlord's property. Letting occurs when someone wishes to transfer ownership of their property in return for cash.
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at the price of $1 per latte, jill would buy 40 lattes a month and jack would buy 19. what is the market demand if they are the only people in the latte market?
At the price of $1 per latte, the market demand is 59 lattes if Jill and Jack were the only people in the latte market.
What is the market demand?Market demand refers to the quantity of an item demanded by buyers in the market at a specific price.
The market demand is computed as the sum of all individual buyers' demand for an item.
The quantity demanded may be greater or less than the quantity supplied. Market demand and supply influence prices.
The price per latte = $1
Jill's monthly demand for lattes = 40 units
Jack's monthly demand for lattes = 19 units
The total (market) demand = 59 (40 + 19) units
Thus, the market demand for lattes in the market totals 59 units.
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live forever life insurance company is selling a perpetuity contract that pays $1,350 monthly. the contract currently sells for $80,000. a. what is the monthly return on this investment vehicle?
We must first compute the annual return on the perpetuity contract before we can calculate the monthly return. The perpetuity contract's monthly return is 1.69%.
We must first compute the annual return on the perpetuity contract before we can calculate the monthly return. By dividing the monthly payment by 12 (the number of months in a year), one may determine the annual return:
Yearly Payment = $1,350 x 12 = $16,200
According to the $80,000 price of the perpetuity contract, the annual return as a percentage of the initial investment is: Yearly Return = Annual Payout x 100% of the Original Investment
Yearly Return is equal to 16.20% ($16,200 / $80,000 x 100%).
We can divide the annual return by 12 to get the monthly return:
Yearly Return divided by 12 months gives a monthly return of 20.25 percent, or 1.69%.
As a result, the perpetuity contract's monthly return is 1.69%.
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risky, inc. bonds have a 12 percent coupon rate. the interest rate is paid semiannually and the bonds mature in 6 years. the bonds have a par value of $1,000. if your required rate of return is 7 percent, what is the value of the bond? $920.57 $1,133.21 $1,241.58 $1,821.38
The value of the bond is $1,133.21.
Interest rate is the cost of borrowing money, expressed as a percentage of the principal amount borrowed.
The value of the bond is $1,133.21. This can be calculated using the formula for the present value of an annuity: PV = C * ((1 - (1 + r)-n) / r), where C is the coupon rate, r is the required rate of return, and n is the number of payments. In this case, C = 12%, r = 7%, and n = 12 (6 years x 2 payments per year).
Therefore, the value of the bond is 12 * ((1 - (1 + 0.07)-12) / 0.07) = $1,133.21.
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