katswindle11
25.10.2021 •
Business
A state lotto has a prize that pays $1,900 each week for 35 years.
Find the total value of the prize: $ $3,469,970$Correct
If the state can earn 8% interest on investments, how much money will they need to put into an account now to cover the weekly prize payments?
$
Incorrect
Reminder: There are 52 weeks in a year.
Solved
Show answers
More tips
- A Animals and plants How to Teach Your Parrot to Talk?...
- F Family and Home How to Remove Fading from Clothes: Tips and Tricks...
- F Food and Cooking How to Make Polendwitsa at Home?...
- F Family and Home Parents or Environment: Who Has the Most Influence on a Child s Upbringing?...
- P Philosophy Unbelievable stories of encounters with otherworldly forces...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
Answers on questions: Business
- B Business Brad is a 40% member in the BB LLC. At the beginning of the tax year, his capital account showed a balance of $120,000. In this case, his capital account equals his...
- B Business You have a $1,000 portfolio which is invested in stocks A and B plus a risk-free asset. $400 is invested in stock A. Stock A has a beta of 1.30 and stock B has a...
- B Business 2. Similar to automobile companies, aircraft manufacturers have a staggering number of suppliers that supply a staggering number of component parts that go into the...
- B Business Using the Total Revenue - Total cost Approach, at what quantity should the apparel shop produce? why?...
- B Business Ais a legal business entity that offers limited liability to all of its owners....
- B Business Why are online retailers taking so much market share from the traditional brick-and-mortar stores? Do you think that legacy stores such as Macy’s and even WalMart...
- B Biology Which does not increase blood pressure? increased venous return. increased total blood vessel length. increased heart rate. increased parasympathetic impulses. decreased...
- M Mathematics Identify the terms. identify the coefficients of the variable terms of the expression. problem is attached...
- H History Brainliest and 25 points article 11 -- freedom of expression and information1. everyone has the right to freedom of expression. this right shall include freedom to...
- H History The combination between religious and political aspects in the abbasid state s concept of rulership is best reflected in which of the following? a. the abbasid state...
Ответ:
Read this news report about a planned devaluation of the bolivar, the currency of Venezuela.
The president of Venezuela announced that the country would be devaluating the bolivar for the fifth time in nine years. The official rate is falling from 4.3 bolivars to the dollar, to 6.3, a 32% devaluation. By increasing the bolivar value of exports of oil to the US and other nations, the government hopes to alleviate a budget crisis caused by its increasing reliance on borrowing to meet spending obligations.
In response to the announcement, the people of Venezuela lined up today to buy televisions, electronics, and airline tickets in order to protect themselves from projected price increases.
By devaluating the bolivar, the president of Venezuela has
a followed the law of supply and demand.
b allowed the exchange rate to remain unchanged.
c increased the number of bolivars needed to buy one dollar.
D decreased the number of bolivars needed to buy one dollar.
the answer is c for edg