James bennett also allocates wealth between youth and old age. He has no cash currently (in his youth), but will inherit $3000 in his old age. He can lend and borrow at the bank at 18% (that is, lending $1 in youth will give him $1. 18 in old age). He has an investment opportunity that costs $12,000 now in his youth and has a payoff of $15,000 in his old age. This is the only investment opportunity available to him. What is the most he can consume in his youth?.

Answers

Answer 1

The present value (PV) of $15,254.24 is the most James bennett can consume in his youth.

Given the following data:

Inheritance = $3000Interest rate = 18%Investment opportunity (youth) = $12,000Investment opportunity (old age) = $15,000

To calculate the most James bennett can consume in his youth:

First of all, we would determine the future value of James bennett from his investment and inheritance as follows:

[tex]FV = 15000 + 3000[/tex]

FV = $18000

Mathematically, the most James bennett can consume in his youth is given by this formula:

[tex]PV = \frac{FV}{(1+i)^n}[/tex]

Substituting the given parameters into the formula, we have;

[tex]PV = \frac{18000}{(1+0.18)^1}\\\\PV = \frac{18000}{1.18}[/tex]

PV = $15,254.24

Therefore, the present value (PV) of $15,254.24 is the most James bennett can consume in his youth.

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Related Questions

Which of these practices describe how producers in oligopolies.

Answers

Answer:

Collusion and Competition

Which of the following describes the process of creolization?.

Answers

Answer:

The term creolization describes the process of acculturation in which Amerindian, European, and African traditions and customs have blended with each other over a prolonged period to create new cultures in the New World. ... Since the colonial period, the term has been applied to many aspects of culture.

The process of acculturation known as “Creolization” refers to how Amerindian, European, and African customs and practices have come together over time to form new cultures in the New World. The phrase has been used to refer to a variety of cultural elements since the colonial era.

What best define about process of Creolization?

According to sociologist Robin Cohen, Creolization happens when people choose certain components from an arriving or inherited culture.

Give these new meanings that are distinct from the ones they had in their original civilizations, and then imaginatively combine these to produce new types that replace the earlier forms.

Therefore, Haiti Creole, which was developed by enslaved Africans utilizing vocabulary and syntax from French and African languages, is an illustration of Creolization.

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Where can you find your state specific lottery information.

Answers

Answer:

lottery district offices

Explanation:

Lottery district offices can be found your state specific lottery information.

What is a definition of lottery?

A lottery is a low-odds process or game of chance in which winners are chosen at random. Lotteries can be utilized in decision-making circumstances, such as the distribution of scarce medical care and the selection of sports teams.

With a set of numbers, the lottery game is played in finance. Either manually or automatically, the numbers are selected at random. The picked numbers are intended to win prizes. The prize money may be awarded to the winner as a flat sum or in installments. In general, prize winners prefer receiving a lump sum of money.

The Dutch noun "lot," which means "fate," is where the English word "lottery" originates. The Golden Ambrosian Republic launched the first known Italian lottery on January 9, 1449, in Milan to raise money.

Thus, Lottery district offices.

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Josef is something of a cheerleader around his team. He shares his vision and expresses his confidence in his team’s ability to achieve his vision. He is quick to compliment and acknowledge team members’ accomplishments, and he is enthusiastic about their successes. Which style of leadership behavior is josef exhibiting?.

Answers

The style of leadership behavior which Josef is exhibiting is a value-based leadership style.

Leadership can be defined as a strategic process that involves the act of motivating, encouraging and inspiring a group of people (followers or employees) that are under you to become innovative, create positive changes that fosters growth and development, and significantly enhance the success of your business firm or company in the future.

A value-based leadership style is mainly focused on drawing upon a leader's value and that of the followers, so as to motivate and guide them into successfully achieving the aim, goals and objectives of a business firm or company. Thus, a value-based leadership style is typically built upon the common set of values of both the leader and followers.

In conclusion, Josef is exhibiting is a value-based leadership style.

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Caleb draws two triangles and claims that the triangles are congruent.

Answers

Answer:

your question needs more description or an image. I'll help if you comment the rest of the question.

Explanation:

Incisors (front teeth) act as wedges in the human body. Which change would increase the mechanical advantage of incisors? a decrease in the distance of the teeth from the fulcrum an increase in the distance of the teeth from the fulcrum an increase in the thickness at the widest part of the teeth and no change in the length of the teeth an increase in the length of the teeth and no change in the thickness at the widest part of the teeth.

Answers

Based on the information given about the wedge, the option that will increase the mechanical advantage of incisors is D. an increase in the length of the teeth and no change in the thickness at the widest part of the teeth.

A wedge simply means a triangular shaped tool that's used as a simple machine. It is used for the separation of objects.

It should be noted that Incisors (front teeth) act as wedges in the human body and there can be an increase the mechanical advantage of incisors when there's an increase in the length of the teeth and no change in the thickness at the widest part of the teeth.

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Answer:

D

Explanation:

EDGE 22

Which of the following statements is true regarding this data set: 41, 13, 17, 10, 5, 19?.

Answers

Answer:

this question is meaningless because Where the choice

How did using metal help ancient chinese people increase food production.

Answers

How did using metal help ancient Chinese people increase food production? It led to wet farming for rice. It led to planting crops in rows. It led to stronger plows for tilling.

How they grew food: Rice and millet were the two main crops grown in Ancient China. Rice paddy (field) flooded from river. Rice needs a lot of water, so the Chinese figured out how to flood the fields from rivers to make rice paddies (fields for growing rice).

How did the Chinese improve farming?: By the Tang dynasty (618–907), China had become a unified feudal agricultural society again. Improvements in farming machinery during this era included the moldboard plow and watermill. Later during the Yuan dynasty (1271–1368), cotton planting and weaving technology were extensively adopted and improved.

Which change will decrease the electric force between two positively charged objects?.

Answers

By increasing the separation distance between objects decreases the force of attraction or repulsion between the objects.

David is a sophomore in high school and is studying for his united states history exam, in which he must recall all of the battles in the american revolutionary war. At first, he begins by just trying to group all of the facts associated with each battle into his memory. When he realizes he is forgetting some battles, he begins repeatedly associating the events that occurred in each battle with the place where the battle occurred. He finds he remembers the battles more readily this way, but he is still having a hard time remembering all the facts associated with each battle. Because he continues to think this is the best way to approach learning, he continues to study in this manner. After several bad grades, he realizes that his studying technique is not working, so he asks a friend who is doing better at remembering everything how she is studying. She said she is making up stories about each battle and how each battle is connected with other battles. David tries this method and finds it was much more effective for him.

Answers

People are often influenced by different things that affect their behavior. The concepts that relates to this scenario is explained below.

Metacognition is known to be the act of thinking about one's own thought and learning. David first use a method to remember the battles in the American Revolutionary war, and later on uses an alternative method. He asked a friend when he saw his errors. This shows that David understood his thought process and is trying too control it.

Method of loci is known as a strategy of memory enhancement that uses visualizations to boast e recall of information. David uses this to link the events that happened in each battle with the place where the battle took place.

Deep processing is known as a step taken in processing spectrum of mental recall via examining of language used.  David's friend uses stories for each battle and connects it with other battles. David then uses deep processing via examining the battles too.

Rehearsal often uses repetition to remember things. David always practicing boast his remembrance of the battles in the American Revolutionary War.

Elaboration is used to enhance total remembrance. By making up stories about each battle and relates it to other battles, it aid David in learning.

Chunking is known as the act of taking different pieces of information and placing them into larger units. David friends sees each battle as a single unit and then they often link up the different events together.

Mental set is known as the ability of the brain to stick with the most familiar solution to a problem and ignore others. David uses the friends method and apply as it aid remembrance more.

See the other part of the question

Explain how each of the following concepts relates to this scenario.

Metacognition

Method of loci

Deep processing

Rehearsal

Elaboration

Chunking

Mental set

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What is the slope of the line that passes through (5 4) and (7 10).

Answers

Answer:

m=y2-y1/x2-x1

=10-4/7-5

=6/2

=3

slope =3

Which of the following best describes the production of dmsp by coral and coral symbionts.

Answers

Corals have different means of production. The option that best describes the production of DMSP by coral and coral symbiont is the negative feedback that reverses environmental change.

DMSP is known to be a product of corals and it is largely due to their algal endosymbiont, Symbiodinium.

Coral reefs are known to comprise of different colonies of little organism corals, called polyps. They are marine invertebrate animals and it is known to have hard exoskeletons.

DMSP is simply known as dimethylsulphoniopropionate. It is known to be a key molecule in the marine sulphur cycle and agent of the climate-active gas dimethylsulphide.

Conclusively, In the whole world, studies has sown that reef-building corals are the most vibrant producers of dimethylsulphoniopropionate (DMSP).

See full question below

Which of the following best describes the production of DMSP by coral and coral symbionts?

A negative feedback mechanism that increases the environmental change

A negative feedback mechanism that reverses the environmental change

A positive feedback mechanism that increases the environmental change

A positive feedback mechanism that reverses the environmental change

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Answer:A negative feedback mechanism that reverses the environmental change

Explanation:

This is a negative feedback mechanism in which DMSP

is produced to prevent, not encourage, further environmental change as a result of increasing water temperatures.

How does your power output in climbing the stairs compared to the power output of a 100 watt.

Answers

Answer:

the power output is the amount of gravitational potential energy being carried out by releasing electricity

You are seated in the driver's seat of your parked car, preparing to drive. You must properly fasten your seat belt.

Answers

when we are seated on the drivers seat and about to drive, one safety measure we should endeavour to follow is that we should always fasten our seat belt.

Not only as drivers but as passengers in a vehicle, this will go a long to ensure our safety in the event of a road crash and during impact.

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In which year did the inca wayna capac die of smallpox? around 1527 around 1529 around 1530 around 1532.

Answers

Inca Wayna Capac died of Smallpox around 1527. He was the ruler of the

Inca Empire between 1493- 1525.

Wayna Capac traveled to the North region of Quito. He contracted the

disease known as smallpox. The disease came from Europe through

Spanish travelers . This was the period with high prevalence in which

millions of people were killed.

Although the vaccine was later made around 1977 , Inca Wayna Capac

died around 1527.

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Answer:

the answer is A) around 1527

Explanation:

What is an equation of a parabola with the given vertex and focus (-2 5) (-2 6).

Answers

Equation of parabola is
4
y
=
x
2
+
4
x
+
24
Explanation:
As the vertex
(

2
,
5
)
and focus
(

2
,
6
)
share same abscissa i.e.

2
, parabola has axis of symmetry as
x
=

2
or
x
+
2
=
0
Hence, equation of parabola is of the type
(
y

k
)
=
a
(
x

h
)
2
, where
(
h
,
k
)
is vertex. Its focus then is
(
h
,
k
+
1
4
a
)
As vertex is given to be
(

2
,
5
)
, the equation of parabola is
y

5
=
a
(
x
+
2
)
2
as vertex is
(

2
,
5
)
and parabola passes through vertex.
and its focus is
(

2
,
5
+
1
4
a
)
Therefore
5
+
1
4
a
=
6
or
1
4
a
=
1
i.e.
a
=
1
4
and equation of parabola is
y

5
=
1
4
(
x
+
2
)
2
or
4
y

20
=
(
x
+
2
)
2
=
x
2
+
4
x
+
4
or
4
y
=
x
2
+
4
x
+
24
graph{4y=x^2+4x+24 [-11.91, 8.09, -0.56, 9.44]}

Which graph represents a reflection of f(x) = 6(0. 5)x across the x-axis?.

Answers

Answer: f(x)=6(0.5)^x

Never set the tiger free if you live in the mountain.

Answers

The above is a proverb that essentially means that we should not engage in actions that might hurt us later.

Hypothetically speaking, you live in a mountain and one of your traps was able to capture a tiger; you then set that tiger free out and one day it attacks and kills you.

If you had killed the tiger after you caught it, you would still be alive. This is the purpose of the proverb - to say that if you have an opportunity to avoid future danger, take it.

In conclusion, deal with things now before they become problems later.

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1.Jun _______ France for 4 months.

A. have learnt

B. learnt

C. learns

D. has learnt

Answers

Answer:

has learnt

Explanation:

i think France is supposed to be French

Write an essay of at least 750 words that analyzes the relationship to the entirety of "young goodman brown" to a short passage (no longer than two paragraphs) of your choice from the beginning, middle, or end of the story. Explain how the passage relates to the author's development of theme, characters, or plot. Use details from the story to support your thesis. After completing each step of the writing process, revise your essay, paying close attention to clarity, transitions, and conventions. You should also follow mla guidelines for in-text citations and a works cited page.

Answers

To write an essay that analyzes the relationship between the entirety of "Young goodman brown" and a passage that relates to the development of the theme author, characters or plot, we can choose the following excerpt:

"And when Brown looks up to meet his wife Faith, it's a metaphor for how our faith cannot save us from committing sins, because those who built those beliefs were sinners, and so most religions are based on lies."

This passage relates to the tale's central premises, that humanity lives in a state of depravity, in keeping with the Calvinist belief that God has destined salvation to some through his grace.

Therefore, based on Brown's self-examination, the tale demonstrates how sin is a reality for all humans, regardless of their good practices and actions.

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English nobles resisted peasant demands such as those described in the passage because agricultural labor in many parts of fourteenth-century afro-eurasia had become scarce as a result of which of the following developments?.

Answers

Answer: Significant increase in mortality due to the spread of epidemic diseases.

Explanation:

During the 14th century, many parts of Europe and Asia were completely ravaged by an epidemic plague called The Black Death. It was a form of bubonic plague caused by rats infected by bacteria.

More than half of the population of Europe was killed due to his plague, which immediately creates a shortage of labor. Shortage of labor, including agricultural ones, immediately meant that the living ones would receive a higher wage, to the consternation of the landowners who pushes for legislation that would return the status quo to how it was prior to the Black Death. This enrages the peasants who worked for them; manifesting in several revolts from May to November 1380.

James is observing the population of the fish he put into a pond. He built a pond and populated it with 700 fish. The population of the fish doubles every year. Use x to represent the number of years and y to represent the population of the fish. Enter an equation that represents this scenario in the box.

Answers

Given that we have a pond with a population of  700 fish to observe from, we can use the exponential function to denote what the amount of fish will become after a particular interval of time.

Given data

Let C be the Initial population = 700

Let the number of fishes be represented as x

And let the number of years be represented as y

Hence, the expression used to represent the population of fishes is described below.

[tex]y = f(t) = C*2^{t}[/tex]

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Which theme is explored in the selection from the boston girl?.

Answers

The power of encouragement.

Explanation:

* By Anita Diamant, "The Boston Girl" is narrated in first-person a girl, Addie.

* Addie feels empowered after Miss Chevalier encourages her by emphasizing her qualities.

* Miss Chevalier takes care of a settlement house in a poor neighborhood, helping families of immigrants.

* She notices that Addie is a good reader and asks her to memorize a poem for a recital.

* She also teaches Addie the importance of knowing the meaning of words and knowing what words apply to oneself.

* For instance, she teaches Addie that she is a girl with "gumption".

*Addie feels seen, strong, and capable

because of Miss Chevalier.

Consider the triangle shown. Which shows the sides in order from longest to shortest?.

Answers

Where is the triangle? Not enough information provided no triangle is displayed

When i get multiplied by any number, the sum of the figures in the product is always me. What am i?.

Answers

Answer:

sorry I cannot answer your question I'm just commenting for points

Which of the following lists includes only organisms composed of cells?.

Answers

Answer:

last one

Explanation:

protists, bacteria, plants

How does zora neale hurston use mrs. Turner to present a cultural criticism? she mocks mrs. Turner’s strict religious practices. She critiques mrs. Turner’s obsession with material wealth. She mocks mrs. Turner’s belief that everyone should look alike. She critiques mrs. Turner’s use of profane language.

Answers

Based on the excerpt, it can be deduced that the correct option is D. She critiques Mrs. Turner’s use of profane language.

From the story, it can be deduced that the Turner's had a bad luck with childbirth. They lost many children and only had a son.

She was also racist in her perspective regarding black and white people. She saw white people as gods and saw the blacks as worshippers. Therefore, Zora critiques mrs. Turner’s use of profane language.

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Answer:

C

Explanation:

Edge 2022

Unknown element x has four energy levels, five valence electrons, and is a metalloid. What is element x?.

Answers

Answer:

I think the answer is Silicon.

Explanation:

Hope this helps.

It is a process where genes are inserted into the genome of a different organism.

Answers

Answer:

Recombinant DNA technology

Explanation:

Recombinant DNA (rDNA) is a technology that uses enzymes to cut and paste together DNA sequences of interest. The recombined DNA sequences can be placed into vehicles called vectors that ferry the DNA into a suitable host cell where it can be copied or expressed.

Walter and Trina are planning a campus event focused on equity and inclusion. Several students would like to help with the event by delivering speeches. Which of the following speeches would NOT be aligned with the topics of equity and inclusion?


Equal access and opportunities in fine arts


The importance of untimed tests for all students


Equality is not equity


Diverse voices in the college curriculum

Answers

The following speech is not necessary aligned with the topics of equity and inclusion that are planned for the event:

The importance of untimed tests for all students.

The speech can be considered related to equity because it is about all students, but the topic it talks about is not a very important problem in relation to inclusion and equity. However, all the other options are related.

Inclusion means that everyone is included, no one is left out. Equity means that everything is the same for every one, there are no preferences, everything is fair for everyone.

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