KNOWLEDGE CHECK This chart shows the output gap in the U.S. from 1949 to 1973, What was the output gap in 1973? -80 -3.2% +160 +3.0% Click to open/close chart < PREV S ? stes on-making < > Potential GDP and Output Gap Index GP Related functions Menu Message t o CBOPGDPR 20823.20 As of 12/31/26 Billions Congressional Budget Office Potential R... Congressional Budget Office CBOPGDPR Index 99 Compare 90 Actions - 90 Edit Line Chart 03/31/1949 - 12/31/1973 1D 3D IM 6 YTD 1Y SY Max Quarterly Table << Security/Study. Event o U.S. potential GDP ($B) U.S. actual GDP ($B) Track And ap. Part 2 ap. Part 3 wheck est rate estim... 7 5 9

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Answer 1

The output gap for the year 1973 is given as +3.0%

What is the output gap?

The formula for the output gap is

actual GDP - potential GDP  / potential GDP

The difference between real GDP or actual output and prospective GDP is known as the GDP gap or the output gap, and it is used to measure the current economic situation relative to the business cycle. Macroeconomic policy mostly on the output gap measurement.

The difference between an economy's actual and potential output is measured economically as the "output gap." The maximum amount of products and services that an economy can produce at its peak efficiency, or when it is operating at capacity, is known as potential output.

From the image that we have here, we have

actual GDP = 5292.4

potential GDP = 5550.9

5292.4 - 5550.9 / 5550.9

= -4.65%

Then the output gap is given as -4.65%

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KNOWLEDGE CHECK This Chart Shows The Output Gap In The U.S. From 1949 To 1973, What Was The Output Gap
KNOWLEDGE CHECK This Chart Shows The Output Gap In The U.S. From 1949 To 1973, What Was The Output Gap

Related Questions

true or false: brands are sold either under a common/family name or as an individual brand.

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Brands are sold either under a common/family name or as an individual brand True.

A family brand quillet: What is it?

Branding a family. several products with the same trademark. Likewise known as umbrella branding.

Which two forms of brand ownership methods are the most common?

Manufacturer brand and retailer/store brand are the two fundamental types of brand ownership methods. Give examples of each of the ownership strategies for those two brands to illustrate the differences. Any business in the supply chain, including producers, wholesalers, and retailers, has the ability to own brands.

A brand quizlet: what is it?

a name, phrase, logo, or other distinguishing mark that identifies a company or organization, its goods, or sets it apart from rivals.

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Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5.25%; and b = 0.70. Based on the CAPM approach, what is the cost of equity from retained earnings? a. 9.25%
b. 7.78%
c. 7.08%
d. 7.00%
e. 8.47%

Answers

The cost of equity from retained earnings when using the CAPM approach for Scanlon Inc., would be 7 . 80%

How to find the cost of equity ?

The CAPM method stands for the Capital Asset Pricing Method and it allows for the cost of equity to be calculated by using the beta, the real risk free rate, and the market risk premum.

The cost of equity when using the CAPM method can be found by the formula:
Cost of equity = Real risk free rate + Beta x Market premium

The real risk free rate = 4 . 10 %

Beta = 0 . 70

Market risk premium = 5 . 25 %

The cost of equity is therefore:

Cost of equity = 4 . 10 % +  0 . 70 x 5 . 25 %

Cost of equity = 4 . 10 % + 3.675 %

Cost of equity = 7. 775 %

Cost of equity = 7 . 80%

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Fuzzy Button Clothing Company is considering a one-year project that requires an initial investment of $600,000; however, in raising this capital, Fuzzy Button will incur an additional flotation cost of 5%. At the end of the year, the project is expected to produce a cash inflow of $900,000. The rate of return that Fuzzy Button expects to earn on the project after its flotation costs are taken into account is _________.

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The rate of return that Fuzzy Button expects to earn on the project after its flotation costs are taken into account is 42.86%.

What is the rate of return?

The rate of return is the net gain or loss (which is the total cash inflow minus the total cash outflow) of an investment over a stated period.

The rate of return is expressed as a percentage of the investment's initial cost.

To compute the rate of return, divide the net gain or loss by the initial investment and multiply the quotient by 100.

Initial investment = $600,000

Flotation cost = $30,000 ($600,000 x 5%)

Total costs = $630,000 ($600,000 + $30,000)

Estimated cash inflow = $900,000

Returns (net gain) = $270,000 ($900,000 - $630,000)

Rate of return = 42.86% ($270,000/$630,000 x 100)

Thus, Fuzzy Button's rate of return for this one-year investment is 42.86%.

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how does lyft benefit from its strategic alliances with gm and waymo?

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"It allows Lyft to more effectively compete against Uber" is how lyft benefits from its strategic alliances with gm and waymo

What are strategic alliances?

Generally, A strategic alliance is an agreement between two companies to collaborate on a project that will be advantageous to both parties while still allowing each to maintain its individuality.

A joint venture, in which two businesses pool their resources to create a separate business entity, is more complicated and binding than the agreement, which is simpler and less binding.

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assuming the law of one price, explain what the exchange rate between u.s. dollars and yen has to be if the price of steel in japan is 15,000 yen per ton and the price in the u.s. is $125 per ton (assume no transaction costs).

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The law of one price states that when prices are expressed in a common currency, identical goods sold in different locations must sell for the same price in the absence of trade frictions and under conditions of free competition and price flexibility.

Given the steel prices in each country, the exchange rate must be 120 yen to the US dollar. As a result, steel prices in each country are equal. If this were not the case, steel buyers would have an incentive to buy in the country where steel was cheaper, while steel producers would have an incentive to sell in the country where steel was more expensive.

The price in the relatively cheaper country would rise due to increased demand and decreased supply. Increased supply and decreased demand in the relatively more expensive country would lower the price there. This process would be repeated until the prices in both countries were equal.

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With which new deal agency did the national recovery administration most closely work.

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Answer:

Explanation:

Public Works Administration is considered among the most renowned and authoritative agency that is among the founding pillars of the New Deal.

the critical path for the network activities shown below is ________ with duration ________.

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The critical path for the network activities shown below is A-D-E with duration 13.

What is Critical path?

Generally, The sequence A-D-E with a length of 13 seconds is the crucial route for the network activity indicated below.

Critical path activities are those activities that, if they are not finished on time, will cause a delay in the completion of the whole project.

In this particular scenario, action A serves as a direct antecedent for both activity D and activity E, which is the very last activity.

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Which of the following is an example of incidental damages you might be awarded if you are wrongfully terminated from your job?a. the costs of mailing resumes to prospective employersb. the costs of cosmetic surgeryc. the costs of psychological counselingd. the costs of a new wardrobe for future interviews

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An example of incidental damages you might be awarded if you are wrongfully terminated from your job is the costs of mailing resumes to prospective employers.


Incidental damages- Incidental damages are expenses incurred by the non-breaching party to avoid other direct and consequential losses resulting from the breach.

The following types of damages are possible:

1] Ordinary damages. 2] Special damages. 3] Vindictive or Exemplary damages. 4] Nominal damages. 5] Damages for Deterioration caused by Delay. 6] pre-fixed damages.

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Which of the following statements is true about strategic leadership?
a. It is the primary responsibility of the functional managers of an organization.
b. It does not take into account the task of maximizing shareholder value.
c. It is involved with taking decisions regarding how to create a competitive advantage.
d. It is a concept that does not apply to multidivisional companies that have several business units.
e. It is essentially about supervising workers at a manufacturing unit of an organization

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It is involved with taking decisions regarding how to create a competitive advantage is true about leadership.

Which definition of leadership is accurate?

"The process of exercising control over a team or organization." Leadership is described in that manner by the Oxford Dictionary. Leadership, put simply, is about taking chances and questioning the status quo. Leaders inspire followers to take new and improved actions.

Why does leadership matter?

Because it inspires, motivates, and sets an example for others, leadership is crucial in achieving positive changes in the world. Leaders create a vision, offer a strategy, and cultivate trusting relationships with their followers. As a result, they lead groups of people to collaborate on amazing feats.

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q5 separating equilibria 4 points grading comment: consider a separating equilibrium in the signaling model where education is not productive. q5.11 point grading comment: the type l workers get the efficient amount of education. choice 1 of 2:true choice 2 of 2:false

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q5 separating equilibria 4 points grading comment: consider a separating equilibrium in the signaling model where education is not productive. q5.11 point grading comment: the type l workers get the efficient amount of education. True

Monetary equilibrium is a condition or nation in which financial forces are balanced. In impact, financial variables stay unchanged from their equilibrium values in the absence of external influences. financial equilibrium is also known as market equilibrium.

Financial market equilibrium takes place whilst supply and calls for degrees align, creating ideal market conditions for shoppers and dealers. The kinds of economic equilibrium consist of microeconomic and macroeconomic. In microeconomics, supply and demand between shoppers and dealers are balanced.

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suppose you can choose between two lifetime income paths: (a) an option that gives you a constant stream of $100,000 every year of your productive life, (b) an option that pays you an average of $100,000 per year, but that begins at $50,000 and gradually increases until it ends at $150,000. based on evidence how adaptation affects happiness, which of the following would be true?

Answers

Based on evidence of how adaptation affects happiness, it is likely that option (b) would bring more happiness in the long-term.

While $100,000 per year is a comfortable income for most people, the gradual increase of the income in option (b) provides an additional source of happiness as it allows for a sense of progress and achievement.

Additionally, the initial lower income of option (b) allows for a greater appreciation of the eventual higher incomes, as the increase in income would be perceived as an improvement over the initial income.

As such, the overall sense of accomplishment and progress provided by the gradual increase in income throughout life would likely bring more happiness in the long-term.

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TRUE/FALSE if the proceeds from the sale of a plant asset exceed its book value a gain on disposal occurs

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Not entirely sure if this is what its asking for but if you made a profit on the plant or not depends on how much you spent to care for the plant.

For example, if you bought it for $50, gave it $10 of water, and sold it for $70 you would profit $10.

If you bought it for $50, gave it $50 dollars of water and sold it for $90, you would lose $10.

In the long run, a firm in a perfectly competitive market earns zero economic profit, so the opportunity in the short run to enjoy positive economic profits will cause existing firms to increase output and new firms to enter the market. 1st attempt See Hint the market, driving the market price If prices are below the average total cost of production in the long run firms will until the remaining firms earn the market, driving the market price If prices are below the average total cost of production in the long run firms will until the remaining firms earn stay in enter exit the market, driving the market price If prices are below the average total cost of production in the long run firms will until the remaining firms earn down | up to stay the same until the remaining firms earn a small negative economic profit zero economic profit positive economic 25/26 profit

Answers

Given the short-term positive economic profit, new businesses should enter the market over time, increasing the size of the market.

What transpires over time in a market that is intensely competitive?

In a perfectly competitive market, businesses can only make or lose money in the short term. Because an infinite number of enterprises generate uniform, infinitely divisible things, profits and losses are ultimately eliminated.

Is there ever no economic profit in the long run?

Economic gains spur entry, economic losses cause exit, and in the long run, firms in a perfectly competitive industry will generate no economic gains.

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satchel loses his job and immediately begins looking for another. other things the same, the unemployment rate

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The number of persons who are eager, able, and actively looking for work but haven't found any is referred to as unemployment. The percentage of people who are working or actively looking for employment in an economy is known as the labor force participation rate. The fact that Satchel is still looking for employment implies that he is now unemployed even though he lost his job. Satchel did not retire or get demotivated and give up on working in the future. Before he can find another job, this raises the unemployment rate.

Who defines "unemployment"?

When someone who is actively looking for work is unable to find employment, they are said to be unemployed. The rate of unemployment is frequently used to gauge the state of the economy.

What is the rate of unemployment?

The number of jobless persons as a percentage of the labor force, according to the OECD, Eurostat, and the US Bureau of Labor Statistics, is what is known as the unemployment rate.

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Satchel loses his job and starts hunting for a new one right away. The labor force participation rate remains unchanged, and the unemployment rate rises.

What connection exists between the labor force and the unemployment rate?

The percentage of workers in the labor force who do not currently have a job but are actively seeking one is measured by the unemployment rate. This statistic excludes people who have not sought for job in the last four weeks. There are numerous factors that originate from both the supply side, or the worker, and the demand side, or the employer, that contribute to unemployment. High interest rates, the world economy being in a recession, and the financial crisis might all affect demand. Frictional unemployment and structural employment are major supply-side contributors.

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Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they fly commuters from Comfi�s base airport to the major city in the state, Metropolis. Each month 40 round-trip flights are made. Shown below is a recent month�s activity in the form of a cost-volume-profit income statement. Fare revenues (400 fares) $46,500
Variable costs Fuel $16,315 Snacks and drinks 770 Landing fees 1,800 Supplies and forms 1,110 19,995
Contribution margin 26,505
Fixed costs Depreciation 2,940 Salaries 14,196 Advertising 420 Airport hanger fees 1,710 19,266
Net income $7,239

Answers

variable cost Breakeven Point

(1) USD = $33,800

(2) Number of Tariffs = 290.75 or 291

Description:

(1) Total Fixed Cost = USD (4) Breakeven Point = 44 Contribution Margin

Breakeven (USD) = $19,266 / (26,505 / $46,500)

Breakeven (USD) = $19,266 / 57%

Breakeven USD = $33,800

(2) Breakeven for a series of fares is calculated as Number of Tariffs = $19,266 / (26,505 / 400)

Breakeven Point of Number of Tariffs = $19,266 / 66 .2625

Breakeven Point of the Number of Tariffs = 290.75 or 291

Variable costs are costs that vary with changes in quantity. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some fiscal documents, the variable cost of production is called the "cost of goods sold."

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Xerox sells to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the ______ process are appropriate.

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Xerox sells  to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the Selling process are appropriate.

What is the Selling process?

The selling process starts with presale preparation, identification of prospects and making a sales presentation in which a salesperson tries to convince a customer that the specific product or service can satisfy his needs.

A salesperson tries to evaluate the brand and product positively in response to the current need of the customer and market.

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annuities are more attractive for people who expect to live only a short time.

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False. Annuities are not more attractive for people who expect to live only a short time.

What are annuities?

The purpose of an annuity, a long-term investment provided by an insurance company, is to lessen your chance of outliving your income. Your purchase payments (what you give) are transformed into recurring payments that may last a lifetime through annuitization.

A predetermined sum of money that you will receive annually for the rest of your life is called an annuity. An annuity is a contract that you have with an insurance provider that calls for regular payments to be made by the insurer to you, either now or in the future.

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Annuities are more attractive for people who expect to live only a short time. T or F

Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength. True/False

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True, Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength.

What are Junk bonds?

Junk bonds have a higher default risk than the majority of corporate and governmental obligations.

A bond is a debt or promise that, in exchange for being purchased, would pay investors interest payments as well as the return of their principal investment.

Junk bonds are bonds issued by struggling businesses that run a significant risk of defaulting, failing to make interest payments, or failing to return investors' principle.

Therefore, Junk bonds are a type of high-risk, high-yield debt. They are frequently employed to fund leveraged acquisitions and mergers as well as to lend money to businesses with uncertain financial standing.

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mass marketing is the optimal promotion tool for building personal and long-lasting relationships with customers.

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Mass marketing is the optimal promotion tool for building personal and long-lasting relationships with customers False.

What are the tools for mass promotion?

Direct marketing, public relations, sales promotion, and advertising are the four primary promotional strategies.

Which advertising tool is best at influencing consumers' choices, convictions, and most crucially, actions?

establishing consumer preferences, convictions, and actions The most costly promotional tool has a high cost per person.

Is advertising the priciest instrument for businesses to use for promotion?

Direct marketing is the priciest marketing strategy. A company's resources may be significantly impacted by this in the form of personal selling, commercials, and promotional strategies.

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regling company provides its employees vacation benefits and a defined benefit pension plan. employees earned vacation pay of $40,000 for the period. the pension formula calculated a pension cost of $222,750. only $185,000 was contributed to the pension plan administrator. question content area (a) provide the journal entry for the vacation pay. if an amount box does not require an entry, leave it blank. blank - select - - select - - select - - select - question content area (b) provide the journal entry for the pension benefit. if an amount box does not require an entry, leave it blank. blank - select - - select - - select - - select - - select - - select -

Answers

The journal entry for the vacation pay includes:

Dr Vacation pay expenses $40,000Cr Vacation pay payable $40,000

The  journal entry for the pension benefit includes:

Dr Pension expenses $222,750Cr Cash $185,000Cr Unfunded pension liability $37,750

What is the journal entry for the vacation pay?

Date   Account titles                      Debit      Credit

          Vacation pay expenses    $40,000

                Vacation pay payable                   $40,000

What is the journal entry for the pension benefit?

Date   Account titles                      Debit      Credit

          Pension expenses             $222,750

               Cash                                               $185,00

               Unfunded pension liability            $37,750

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According to the video "supply chain reaction," what is "the bottom dollar of the supply chain"?
(a) Tin mines in Indonesia
(b) Tin mining in Britain
(c) Tin mining in Bolivia
(d) Tin mining in Nigeria

Answers

According to the video "Supply Chain Reaction", the bottom dollar of the supply chain is the tin mines in Indonesia. The Option A is correct.

What is a supply chain?

A supply chain refers to the network of individuals and companies who are involved in creating product and delivering them to the consumer. The links on the supply chain begin with the producers of the raw materials and end when the van delivers the finished product to the end user.

In essence, the supply chain begins its operation when a business receives an order from a customer. Its essential functions then include product development, marketing, operations, distribution networks, finance, and customer service.

The management of supply chain is a crucial process because an optimized supply chain does results in lower costs and a more efficient production cycle. Therefore, most companies seek to improve their supply chains so they can reduce their costs and remain competitive.

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The interest tax shield has no value for a firm when: A. the firm’s debt-equity ratio is exactly .5. B. the firm is unlevered. C. the firm’s debt-equity ratio is exactly equal to 1. D. shareholders fully utilize homemade leverage.

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The interest tax shield has no value for a firm when (b) the firm is unlevered.

Interest tax shield- The term "interest tax shield" refers to the lower income taxes caused by interest expense deductions from taxable income. Mortgages, for example, may have an interest tax shield for buyers because mortgage interest is deductible against income.


A tax shield is a reduction in income taxes that occurs as a result of taking an allowable deduction from taxable income. For example, because debt interest is a tax-deductible expense, incurring debt creates a tax shelter.

Interest Tax Shield = Interest Expense × Tax Rate

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Evan incurred education-related expenditures related to his self-employment job. Under which of the following circumstances will Evan NOT be allowed to deduct these expenditures as a BUSINESS expense?
The course or courses meet the requirements necessary to keep his job.
The course or courses only improve Evan's skills in his existing business.
The course or courses qualify Evan for a new trade or business.

Answers

Evan incurred education-related expenditures related to his self-employment job. The course qualifies Evan for a new trade or business will Evan NOT be allowed to deduct these expenditures as a BUSINESS expense.

Business expense

Business expenses are costs incurred in the course of doing business. They may be used by both small and large organizations. The income statement includes business expenses. To calculate a company's taxable net income, business expenses are subtracted from revenue on the income statement.

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as long as the ads are not overly intrusive, most users opt to play free versions of games with ads over paid versions that do not have ads.

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As long as the advertisements are not overly intrusive, most users opt to play free versions of online games with ads over paid versions that do not have ads under digital marketing. This statement is true.

What are online games?

Playing a video game online via means of internet browser or data services on electronic devices while connected to the internet, typically with other individuals.

Online games can be played on a variety of platforms, including PCs, laptops, and mobile phones, as well as specialized gaming consoles like PlayStations and Nintendo Switches.

Now a days for a digital marketing concept, online gaming is the best platform to launch and advertise the quality of products, gather the attention of potential customers.

Thus if free versions have less interruption due to advertisements paid versions of games will not be opted more.

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Select the technological innovations that companies can use to develop products and services that match consumers' wants and needs more effectively
a. Social networking
b. Data bases
c. Blogs

Answers

All of the mentioned options are the technological innovations that companies can use to develop products and services that match consumers' wants and needs more effectively.

What do databases do?

A database is a collection of data organized for quick access, management, and update. In computer databases, information such as sales transactions, customer information, financial data, and product information are often stored as collections of data records or files.

What function does a database serve?

A database is often created to make it simple to store and access data. Any business or organization needs a reliable database. This is because the database contains all the necessary information about the business, including personnel records, transactional records, salary information, etc.

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In a mean chart for manufacturing process, several points are found to be outside the control limits. Does this mean that the process is incapable? Explain briefly why or why not, or what else should be done to find out?

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Whereas, any control chart is prepared using upper control limit or UCL and lower control limit or LCL, again, such UCL and LCL values are calculated statistically or using a statistical formula.

We build a control chart of the mean or any condition to understand the variations of data within the process. Any data falling outside UCL and LCL values means processes are not in statistical control and we have found assignable causes, such kinds of causes could include large breakdown of machines, and any absenteeism of employees, with such causes we could see strong variations in the data.

Hence, points are found to be outside the control limits that doesn’t mean the process is incapable, as use could lie after the UCL line, so, any point could lie after the UCL line but before usl line, hence, we could conclude still process is capable to produce desire outputs, however, we should control variations in the processes first before considering process capability check.

When we could see variations of data in the mean control chart, we will look for root causes to fix the problem and keep the process under statistical control.

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assume that the federal reserve (fed) sets the federal funds rate target at 4% and conducts open market operations to hit the 4% target. shift the appropriate curve to show the fed meeting its target. federal funds rate reserves at the fed 0 10 20 30 40 50 60 70 80 90 100 0 1 2 3 4 5 6 7 8 9 10 federal funds rate (current) federal funds rate (target) demand for reserves supply of reserves

Answers

The FFR in a roundabout way influences even longer-term hobby rates. Investors desire a greater fee for a longer-term Treasury note. The yields on Treasury notes in a roundabout way force long-term traditional personal loan hobby rates.

When the Federal Reserve decreases the federal cash goal charge the decrease fee is done through?

This alternative is right because to decrease the federal fund's target rate, the Federal Reserve purchases authorities bonds which reduces the pastime rate, and extra cash in terms of the reserve is stored through the people of the nation.\

When the Fed will increase rates, the market costs of present bonds right now decline. That's due to the fact new bonds will soon be coming onto the market providing buyers greater pastime rate payments.

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If a company uses the direct write-off method of accounting for bad debts,
a. It is applying the matching principle.
b. It will record bad debt expense only when an account is determined to be uncollectible.
c. It will reduce the accounts receivable account at the end of the accounting period for estimated uncollectible accounts.
d. It will report accounts receivable in the balance sheet at their net realizable value.

Answers

If a company uses the direct write-off method of accounting for bad debts It will record bad debt expense only when an account is determined to be uncollectible.

The obligation to pay money or other agreed value to a third party, a creditor, is called a debt. Debt differs from an immediate purchase in that payments are deferred or in installments. A sovereign state or country, city government, company or individual may be liable for the debt.

Contractual provisions governing the amount and timing of principal and interest payments typically apply to commercial debt. Debt includes mortgages, bonds, notes, and loans. In contrast to equity, debt is a form of financial transaction in financial accounting. The phrase can also be used figuratively to refer to tasks of a moral nature and other relationships that do not require the exchange of money.

Hence the correct option is C.

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69. Cardio, Inc., makes and sells Drawdown, the most prescribed name-brand heart medication. Emitate Corporation has the potential to make a generic version of the same drug. Cardio pays Emitate not to sell v product. This is most likely 2. a deal that neither restrains trade or harms competition. b. a legal restraint of trade. c. a per se violation of the Sherman Act. d. subject to analysis under the rule of reason.

Answers

Based on business analysis and the situation described above when Cardio pays Emitate not to sell v product, this is most likely c. a per se violation of the Sherman Act

What is Sherman Act?

Sherman Act is the United States Act on business regulations that prohibit the producers or sellers from having contracts, or agreements that unreasonably restrain interstate and foreign trade including a price-fixing agreement.

Generally, the Sherman Act forbids many things to protect the interest of American citizens whether producers or consumers.

The Sherman Acts forbids the following:competitors to fix prices, rig bids, allocate customers, etc.

In this case, it is believed that when Cardio pays Emitate not to sell v product, this is a per se violation of the Sherman Act.

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determine the future value of the following single amounts (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) (round your final answers to nearest whole dollar amount.):

Answers

The future value, to the nearest whole dollar amount, of the following single quantities is 1. $38,435.37, 2. $67,091.09, 3. $126,985.63, 4.$94,037.04.

How can I determine future value?

How can I determine future value? Using the formula long term value = current discounted x (1 + interest rate)n, you may determine future value using compound interest. Using the following formula, you may determine future value with simple interest: Future value is equal to the present value multiplied by one plus the interest rate throughout the time period.

what is An illustration of potential worth

Future value is the amount of invested money today that will increase in value over time at an interest rate. For instance, if you put $1,000 in a savings today and earn 2% annually, your money will be worth $1,020 after a year. Thus, it will be worth $1,020 in the future.

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