Answers
Answer:
Future Value= $814.45
Explanation:
Giving the following information:
Initial investment= $500
Interest rate= 5% interest compounded annually.
Number of years= 10
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1.05^10)
Future Value= $814.45
Related Questions
pls help me
include the following:
The name of the career
Some information you learned from your own research
Education a person needs to get this type of job
Skills a person needs to get this type of job
How people in this job use technology
The URL (web address) of the US Bureau of Labor Statistics website where readers can find more information
Answers
The name of the career - Computer engineering
The information I have learned on Computer engineering is that it is all about research, as well as design, making, and testing ofcomputer systems as well as its components.
The Education a person needs to get this type of job is: Bachelor's Degree
The Skills a person needs to get this type of job are:
Know a lot about programming languages, Know about secure coding.Know about software and hardware tech.CreativityInnovationThe people in this job use a lot of technology as they are actively involve in its production.
The URL (web address) of the US Bureau of Labor Statistics website where readers can find more information is: https://www.bls.gov/ooh/architecture-and-engineering/computer-hardware-engineers.htm
What should an IT engineer possess?A bachelor's degree in the subject is required to work as a computer engineer. Math, physics, and computer science are the most common subjects that students study.
To create solutions for various issues, these professionals require critical thinking abilities. To function effectively in a team, they also need strong communication skills.
Therefore, Being an information technology engineer requires you to be able to recognize complex issues and find the appropriate solutions. You need the capacity for critical thought, option analysis, and perfect solution generation to be able to solve problems.
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can individual be too motivated? discuss
Answers
Answer:
Yes, an individual can be too motivated. It can negatively affect their personality and perception. They may feel that they have to get things done no matter the cots and they may mistreat people or make poor decisions to accomplish that. Many of them also become arrogant and overconfident.
"Yes," an individual can be too motivated. A complete description is provided below.
Throughout the employment, a person may be erroneously over-motivated. In other words, the motivation or inspiration of an individual might be motivated by circumstances that don't significantly require him to succeed.
The major incentive of a certain individual might have been to impress or satisfy just their authorities.
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Identify whether each of the following is a debit or a credit in the country of
Freedonia’s BOP and indicate where the item would be classified (5 points)
a) Freedonian firms export $250 million worth of goods.
b) Freedonian citizen’s purchase $50 million worth of tickets on US Airways flights.
c) A Freedonian firm purchases a shoe factory in Mexico for $30 million.
d) Freedonia receives $5 million in foreign aid from the United States.
e) Freedonian citizens deposit $15 million in Citibank account in New York.
f) Freedonia imports $220 million worth of goods.
g) Freedonian firms borrow $45 million by issuing bonds in the United States
h) U.S. firms earn (and repatriate) $5 million in profits from operations in Freedonia.
i) The Freedonia central bank buys $10 million in U.S. Treasury bills.
Answers
This is also known as Balance of payment and it is the difference between all money flowing into the country in a particular period of time and the outflow of money to the rest of the world.
Freedonia’s BOP items can be seen above with their appropriate classifications.
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"Monthly Sales Data. A simple random sample of 5 months of sales data provided the following information : Month: 1 2 3 4 5 Units Sold: 94 100 85 94 92 a. Develop a point estimate of the population mean number of units sold per month. b. Develop a point estimate of the population standard deviation"
Answers
The point estimate of the population mean number of units sold per month is 93.
To develop a point estimate of the population mean number of units sold per month (a), we can calculate the sample mean. The sample mean is obtained by summing up the individual values and dividing it by the sample size.
In this case, the sample mean is calculated as (94 + 100 + 85 + 94 + 92) / 5 = 465 / 5 = 93.
To develop a point estimate of the population standard deviation (b), we can calculate the sample standard deviation.
The sample standard deviation measures the spread of the data points around the sample mean.
It is calculated by finding the differences between each data point and the sample mean, squaring these differences, summing them up, dividing by the sample size minus one, and finally taking the square root of the result.
Using the given data, the calculations yield a sample standard deviation of approximately 5.92.
It is important to note that these point estimates are based on the assumption that the given sample is representative of the entire population.
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Tasbet Company reported net income of $ 360 comma 000 for the current year. Included in the computation of net income was: Depreciation expense $ 70 comma 000 Amortization of a patent 32,000 Income from an equityminusmethod investment 31 comma 000 Dividends received on equityminusmethod investment 0 Amortization of a bond discount 17 comma 000 Paid a dividend on preferred stock 80,000 What is the amount of net cash provided by operating activities that would be reported as a result of these transactions?
Answers
Answer:
$448,000.00
Explanation:
net cash flow provided by operating activities=net income+depreciation expense+amortization of patent+amortization of bond discount-income from equity investment
net income is $360,000
depreciation expense is $70,000
amortization of patent is $32,000
amortization of bond discount is $17,000
income from equity investment is $31,000
dividend paid to preferred stock is excluded since it relates to financing activities of Tasbet Company
net cash flow provided by operating activities=$360,000+$70,000+$32,000+$17,000-$31,000=$448,000.00
Which amount best reflects operating income? Enter your answer in millions without commas or dollar signs.
Answers
Answer:
4673 million
Explanation:
The operating income is the income that is arrived after deducting all the operating expenses from the sales revenue before deducting the payment of interest and taxes. It is also called as Earning before interest and taxes (EBIT)
So based on the attached figure, as it can be seen that the operating income that should be recorded for 4673 millions i.e. equivalent to the Earning before interest and taxes
What basic business principle does the author of your reading material state that automakers ignored in recent years, leading to the need for an industry bailout?
Answers
A sustainable financial model that is adaptable to changing market conditions is what was ignored
The principle that was ignoredThe core concept that industry titans overlooked, eventually necessitating a bailout, was constructing and sustaining a pliable monetary ploy attuned to shifting market conditions.
Prior to the aid package, auto-manufacturers homed in on sales of high fuel-consumption SUVs and trucks which were appealing due to inexpensive gas costs combined with easily accessible credit.
The dismayingly tardy adaptation to changing patron likes for more fuel-thrifty and environment friendly motorsides - along with mounting rivalry from overseas powerhouses - drove automakers into a perilous condition, where they ultimately felt the blow of 2008’s global fiscal crunch, harshly diminshing productivity as well as profits.
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38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form
Answers
A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.
A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.
A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.
In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.
In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.
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Venus Corp. prohibits its employees from smoking in its premises. This is an example of a(n)_______.
Answers
The banning of smoking by employees of Venus Corp. in the company is known as a Rule.
What is a Company rule?These are requirements that the company imposes on employees. They are often done to meet company objectives and values.Venus Corp. is imposing the requirement that its employees do not smoke whilst on duty. This is most probably to meet a value of theirs which makes this a rule.
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Compute ending inventory and cost of goods sold, using each of the following methods: Specific unit cost, assuming two $58 units and four $68 units are on hand; Average cost (round average unit cost to the nearest cent); First-in, first-out; and Last-in, first-out.
Answers
Compute ending inventory and cost of goods sold-----------. The ending inventory and cost of goods sold, $8,800 and $12,200.
What is an inventory?An inventory refers to a detailed list of items, goods, or materials that a company or organization holds in stock or has available for sale. The purpose of an inventory is to keep track of what goods are on hand, how much of each item is available, and where the items are located.
The inventory is an important component of managing a company's operations, as it can impact a company's profitability and customer satisfaction.
In the above case. The ending inventory and cost of goods sold, $8,800 and $12,200.
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Lube Oil, a chain of automobile service stations, reports
net income of $100 million after depreciation of $50
million. The firm has capital expenditures of $80 million, and the noncash working capital increased from $25 to $40 million, FCFF=55million. Lube Oil paid a dividend of $20 million and bought back $25 million in stock. Estimate how much the cash balance of the firm changed during the year
Answers
Since the company is entirely funded by equity, its FCFF would be equal to its FCFE, which is $55 million. Cash Balance Change for the Year = $25 Million The business can refund 5% of shareholders funds
Whose funds are shareholders?The term "shareholders' funds" describes the portion company's equity that is owned by the shareholders. The quantity of shareholders' funds provides a rough estimate of how much shareholders might hypothetically get in the event of a business's liquidation.
Cash Flows towards Stock Holders = Change in Cash Balance throughout the Year + Free Cash Flows towards Equity during the Year
Change of Cash Balance for the Year = $70,000,000-$45,000,000
Cash Balance Change for the Year = $25 Million
What distinguishes equity from shareholders' funds?Equity is distinct from shareholders' equity. While the term "equity" normally refers to a public company's ownership, "shareholders' equity" refers to the difference between a company's total assets and total liabilities as shown on its financial statements.
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1. BMC Industries estimates that annual manufacturing overhead costs will be800, 000 Rwf. Estimated annual operating activity bases are: direct labor cost of 600,000 Rwf, direct labor hours are 70,000 and machine hours are 1400,000. Compute the predetermined overhead rate for each activity base
Answers
The predetermined overhead rate for each activity base is:
a) Direct labor cost = $1 Rwf
b) Direct labor hour = 8.57 Rwf
c) Machine hours = 0.43Rwf.
What is the predetermined overhead rate?The predetermined overhead rate is the overhead rate that is calculated based on some cost pools, which is then applied to units of production based on activity bases.
Some of the activity bases include direct labor hours or costs, and machine hours.
Using a predetermined overhead rate divides the estimated overhead costs by the units of the activity base.
Data and Calculations:Annual manufacturing costs = 600,000 Rw
Estimated annual operating activities bases:
Direct labor cost = 600,000 Rwf
Direct labor hours = 70,000
Machine hours = 1,400,000
The computation of the predetermined overhead rate for each activity base is as follows:
a) Direct labor cost = $1 Rwf (600,000 Rwf/600,000).
b) Direct labor hour = 8.57 Rwf (600,000 Rwf/70,000).
c) Machine hours = 0.43 (600,000 Rwf/1,400,000).
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what you have learned about integrated marketing
Answers
Answer:
that it is an approach to creating a unified and seamless experience for consumers to interact with the brand/enterprise
Explanation:
Joe wants to open a restaurant and feels his best chance of being successful would be to purchase the rights to a well-known restaurant concept. This form of restaurant ownership is known as which of the following?
Food service corporation
Food service franchise
Independent food service operation
Food service chain
Answers
Answer:
Food-service franchise
Explanation:
A food-service franchise is a business arrangement where an established and successful restaurant allows the opening of an independent branch under its brand name. The new branch will be similar to the other existing branches in terms of appearance, products and services, operations, and pricing.
For an entrepreneur to open a food service franchise, they need to purchase a license from the franchisor. The franchise license increases the chances of success as customers are already familiar with the brand.
Select all te correct answers
What are the advantages a market economy offers producers?
minimal government intervention
property rights
monopoly of bigger companies
free advertising for small businesses
free labor
Answers
Answer: Minimal government intervention AND Property rights
Explanation:
You buy a share of The Ludwig Corporation stock for $19.20. You expect it to pay dividends of $1.11, $1.1833, and $1.2614 in Years 1, 2, and 3, respectively, and you expect to sell it at a price of $23.26 at the end of 3 years. Calculate the growth rate in dividends. Round your answer to two decimal places. % Calculate the expected dividend yield. Round your answer to two decimal places. % Assuming that the calculated growth rate is expected to continue, you can add the dividend yield to the expected growth rate to obtain the expected total rate of return. What is this stock's expected total rate of return (assume market is in equilibrium with the required rate of return equal to the expected return)
Answers
Answer:
P0 = $19.20
D1 = $1.11
D2 = $1.1833
D3 = $1.2614
P3 = $23.26
a. Dividend growth rate = (1.2614-1.1833)/1.1833 = 0.0781/1.1833 = 0.06600186 = 6.60%
b. Expected Dividend Yield=(Expected Dividend/Price)*100 = $1.11/$19.20 = 0.0578125 = 5.78%
c. Total Rate of Return = 6.60% + 5.78% = 12.38%
Question 3
Level premium term life insurance policies
O build cash value in a separate account
O automatically convert to permanent insurance at a predetermined date
O automatically renew at predetermined dates
O have premiums that are averaged over the policy period
8 of 10 Questions Remaining
Select the appropriate response
Submit Response
Answers
Level premium term life insurance policies are Option D. have premiums that are averaged over the policy period.
Term life insurance is one of the most popular types of life insurance available to consumers in the United States. Term life insurance provides coverage for a specified period or term of years, usually 10, 20, or 30 years. A level premium term life insurance policy means that the premium for the coverage remains the same throughout the policy period. For example, if you purchase a 20-year level premium term life insurance policy, you will pay the same premium every year for 20 years.
This type of policy is attractive to many people because it provides certainty in their financial planning. They know exactly what they will pay for the policy each year and can budget accordingly. Level premium term life insurance policies do not build cash value in a separate account like permanent life insurance policies. They are pure protection policies and only pay a death benefit if the insured dies during the policy term.
Once the policy term is over, the coverage ends. However, some level premium term life insurance policies have the option to convert to permanent insurance at a predetermined date, which is option B, but this is not automatic and may require additional premiums.
Therefore, level premium term life insurance policies are characterized by premiums that are averaged over the policy period, and they do not build cash value in a separate account like permanent insurance policies. They are pure protection policies, and the coverage ends at the end of the policy term. Therefore, the correct option is D.
The question was incomplete, Find the full content below:
Question 3
Level premium term life insurance policies
A. build cash value in a separate account
B. automatically convert to permanent insurance at a predetermined date
C. automatically renews at predetermined dates
D. have premiums that are averaged over the policy period
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Markets can be characterized by the lifepan of the
assets traded. The market for assets with
a life of less than One
year is
Answers
Answer:
Money markets
Explanation:
The money market is a formal exchange market that brings together lenders and borrowers of short-term debt securities. The money market facilitates governments and corporates to sell short-term securities to meet their cash flow shortages.
Money markets enable institutional and retail investors with excess cash flow to invest in quality short-term investments. The money markets provide investors with options for investments and diversification.
Match the association type with the person that best fits the description: professional association a. someone who is active in your favorite Internet chat room b. your brothers and sisters c. the man you met while walking your dog d. your doctor
Answers
Answer:
the answer to your question is D. your Doctor
Explanation:
Did on Edge and got it correct
The association type with the person that best fits the description: professional association your doctor.
Thus, the correct option is D.
What do you mean by a doctor?Although doctors do save lives, their significance extends well beyond that. Doctors also have an impact by assisting patients in reducing pain, speeding up illness recovery, or adjusting to living with an incapacitating injury.
Even if a patient cannot be cured, their capacity to enjoy life makes a significant difference to them and their relatives. It is advantageous for both parties involved if an employee can return to work after being ill. And that's not the only reason why doctors are crucial to society.
Nobody wants to get sick, crippled, or dependent on others. The preferable option is to avoid getting sick or hurt: it's less expensive, better for our health, and we lose less money if we don't get sick frequently.
For society as a whole, preventive care is crucial. Drugs, hospital stays, or surgery are often out of reach for many individuals in the United States and around the world.
Medical professionals close the health gap between wealthy and poor communities by encouraging preventive care and keeping individuals healthy.
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5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answers
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Draw a production possibilities frontier showing increasing opportunity cost of wine in terms of cloth.
a. On the graph, identify the area of feasible outcomes and the area of infeasible outcomes. (0.5pt)
b. On the graph, label a point that is efficient and a point that is inefficient. (0.5pt)
c. On the graph, illustrate the effect of the decreasing population which leads to a decrease in the labor hours, a resource needed to make both wine and cloth, on this economy. (0.5pt)
d. On a second graph, illustrate the effect of a new computerized assembly line in the production of wine on this economy (0.5pt)
Answers
Show the economic impact of the declining population, which causes a reduction in labor hours a resource required to produce both wine and cloth on the graph.
What is opportunity cost?The worth of other goods or services you must forsake in order to obtain your desired item is known as the opportunity cost. The term "cost" as used by economists typically refers to opportunity cost. The opportunity cost is the sum of the money that could be spent in other ways and the time spent studying.
Opportunity cost, as used in economics, refers to the values or advantages that a firm, business owners, or organizations sacrifice when they select one alternative over another when making decisions about their operations.
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A defensive attitude demonstrates a lack of maturity and respect for authority.
Answers
Defensive behavior is defined as that behavior which occurs when an individual perceives threat or anticipates threat in the group. The person who behaves defensively, even though he or she also gives some attention to the common task, devotes an appreciable portion of energy to defending himself or herself.
Answer:
The statement is True.
Explanation:
Defensive attitude is an attitude in which a person tries to defend himself. He tries to defend his actions and words in front of others. That person tries to protect himself, his actions, his sayings in this attitude. So when a person is just trying to protect his actions, he is actually showing a lack of maturity. He needs to speak up without any fear if he is on right side. People sometimes get on the defensive side just in respect for the authority or in respect of the elders, or in respect of the situation. Defensive attitude is usually seen by the employees in an organization which shows such behavior due to the respect of authority.
membe is trying to get his financial records organized. He has several monthly credit card statements. Where is the MOST logical place for Namembe to store these records?
A. a paid storage facility
B. a home file
C. a computer file
D. a safe deposit box
Answers
The most logical place to store financial records is a computer file.
Each provided solution is useful to store one's records and personal data but there are merits and demerits to them.
Such as, a home file is a place to store data and it is easily accessible. However, it would be difficult to organize data at a home file and would also be time-consuming. Moreover, only limited data can be kept stored, as over time more space would be required so old data would be discarded.
In the case of a safe deposit box, which is also a secure place to store, the main issue is that it would be costly in comparison to the other options.
The computer file is easy to maintain and financial records can be kept well organized without the need to delete old data, as it hardly consumes any storage. And it would be less costly in comparison to the safe deposit box.
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Answer:
B. a home file
Explanation:
I took the quiz and this was the correct answer.
Supervisor: “If you need anything in the interim, please contact my assistant.”
A) If I need anything before noon, I will be sure to contact your assistant.
B) If I need anything between occasions, I will contact your assistant.
C)If I need anything from the office, I will contact your assistant.
D) If I need anything during the meeting, I will be sure to contact your assistant.
E) If I need anything clarified, I will contact your assistant.
Answers
Supervisor: “If you need anything in the interim, please contact my assistant.” B) If I need anything between occasions, I will contact your assistant.
What is interim?Interim can be defined as the period of time between which an event first occur to when another event will occur or a short period of time.
Based on the given scenario if the supervisor asked if you need anything in the interim, please contact my assistant the best response should be If I need anything between occasions, I will contact your assistant.
Therefore the correct option is B.
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The competitive threat that outsiders will enter a market is weaker when
Answers
The competitive threat that outsiders will enter a market is weaker when the incumbents enjoy substantial cost advantages.
The competitive threat that outsiders will enter a market refers to the possibility that new firms will enter a market to compete against existing firms. It is the degree of competition in a market that is determined by the ability of other companies to enter the same market and offer similar goods or services at a lower cost.
There are certain factors that determine the competitive threat of outsiders, these are:Ease of Entry: When the cost of entering a market is low, the threat of new entrants is high and vice versa.Brand loyalty: In markets where consumers are more loyal to the existing brands, the competitive threat of new entrants is weaker.
Patents: In markets where incumbents hold many patents, the competitive threat of new entrants is weaker.Cost advantage: The competitive threat of outsiders is weaker when incumbents enjoy substantial cost advantages.Cost advantage is the answer to your question.
The competitive threat that outsiders will enter a market is weaker when incumbents enjoy substantial cost advantages.
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suppose promoters of xyz music concerts knows that if they charge 400birr pertcket 2000 people would buy thetickets for conserts and if charge 200birr perticket 4000 people would by tickets over this pirce range A, find pirce elasticity of damand B, uhat types of price elasticity of damand
Answers
A.Price Elasticity of Demand is 1.
B.In other words, the increase or decrease in the quantity demanded is directly proportional to the change in price.
To calculate the price elasticity of demand, we can use the formula:
Price Elasticity of Demand = Percentage Change in Quantity Demanded / Percentage Change in Price
A. Calculating the percentage change in quantity demanded:
Change in Quantity Demanded = 4000 - 2000 = 2000
Average Quantity Demanded = (4000 + 2000) / 2 = 3000
Percentage Change in Quantity Demanded = (Change in Quantity Demanded / Average Quantity Demanded) * 100
= (2000 / 3000) * 100
≈ 66.67%
Next, let's calculate the percentage change in price:
Change in Price = 400 - 200 = 200
Average Price = (400 + 200) / 2 = 300
Percentage Change in Price = (Change in Price / Average Price) * 100
= (200 / 300) * 100
≈ 66.67%
Now, we can calculate the price elasticity of demand:
Price Elasticity of Demand = Percentage Change in Quantity Demanded / Percentage Change in Price
= 66.67% / 66.67%
= 1
B. Since the price elasticity of demand is equal to 1, it indicates unitary price elasticity of demand. This means In other words, the increase or decrease in the quantity demanded is directly proportional to the change in price.
This suggests that consumers are highly responsive to price changes, and a small increase or decrease in price can lead to an equivalent change in the number of tickets sold.
that the demand for tickets is perfectly elastic within this price range.
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plzz someone help me
Answers
Lake Shore Vineyards recently paid a $4.20 annual dividend on their common stock. This dividend increases at an average rate of 4.2 percent per year. The stock is currently selling for $80.65 a share. What is the market rate of return
Answers
Answer:
Rate of return = 9.63%
Explanation:
Current stock price = Current dividend * (1+growth rate) / (Rate of return - growth rate)
Current stock price = $80.65
Current dividend = $4.20
Growth rate = 4.2% = 0.042
Rate of return = ?
$80.65 = $4.20*(1 + 0.042 ) / (Rate of return - 0.042)
$80.65 = $4.20*(1 .042) / (Rate of return - 0.042)
$80.65 = $4.3764 / (Rate of return - 0.042)
$80.65 * (Rate of return - 0.042) = $4.3764
$80.65* Rate of return - $3.3873 = $4.3764
$80.65* Rate of return = $4.3764 + $3.3873
$80.65* Rate of return = $7.7637
Rate of return = $7.7637 / $80.65
Rate of return = 0.0962641041537508
Rate of return = 9.63%
In a binomial distribution, n = 4 and π=0.27 . Find the probabilities of the following events. (Round your answers to 4 decimal places.)
a. x = 2.
b. x ≤ 2.
c. x ≥ 3.
Answers
Answer:
Explanation:
a. Using the formula for the probability mass function of a binomial distribution:
P(x=2) = (4 choose 2) * (0.27)^2 * (0.73)^2 = 0.3185
b. Using the cumulative distribution function:
P(x ≤ 2) = P(x=0) + P(x=1) + P(x=2) = (4 choose 0) * (0.27)^0 * (0.73)^4 + (4 choose 1) * (0.27)^1 * (0.73)^3 + (4 choose 2) * (0.27)^2 * (0.73)^2 ≈ 0.7575
c. Using the complementary probability:
P(x ≥ 3) = 1 - P(x ≤ 2) = 1 - [(4 choose 0) * (0.27)^0 * (0.73)^4 + (4 choose 1) * (0.27)^1 * (0.73)^3 + (4 choose 2) * (0.27)^2 * (0.73)^2] ≈ 0.2425
You decide to attend college next fall. List 3 or more opportunity costs and 3 or more opportunity benefits of ading college next fall.
Answers
Answer:
Explanation:
Opportunity Costs for going to college
1. Cost of college tuition
2. Loss of income for getting a job right away instead of going to college
3. Time spend at college could be used of something else such as a hobby
Benefits for going to College
1. Getting a job with a higher salary
2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)
3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)