Christopher would like to have $20,000 for a house down payment seven years from now. How much money would he need to save every quarter in an investment that pays 9% APR compounded quarterly?

A) $2,173.81
B) $171.78
C) $520.51
D) $509.05

Answer: C

Business

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A nontariff barrier (NTB) is a hidden trade barrier that is a deterrent or obstacle to the sale of products in a foreign market

Indicate whether the statement is true or false

Business

Here's a portion of the sensitivity analysis for the constraints. Which of these statements is best?

Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $E$10 Bar/Food 0 1560 0 5 16 $E$11 Budget 150000 3.4 150000 1E+30 96200 $E$6 Excursions 24.24 0 5 19.24 1E+30 $E$7 Restaurant 12 -1660 12 16 5 A) If the budget rises to $150,001, then the optimal mix will result in an increased revenue of $3.40. B) If the excursions rise to 6, then the optimal mix will result in increased revenue of $19.24. C) If the restaurant constraint increased to 13, the optimal mix will result in increased revenues of $1,660. D) If the bar/food constraint rises to 1560, then the revenue will rise by a factor of 16.

Business