$77,500
Explanation:
The computation of the annual opportunity cost of earning his mba is shown below:
= Cost of the job + cost of other expenses + the interest earned per year
= $45,000 + $22,000 + $500
= $77,500
In order to determine we added the cost of the job, cost of other expenses, and the interest earned per year so that the annual opportunity cost could arrive
First of all, as a football fan, 50 passing yards crossing out a sack doesn't make sense.
Formatting this a bit better, we have:
Passing Yards
Dak: 256 Colt: 315 (+300 bonus)
Rushing Yards
Dak: 31 Colt: 16
INTs
Dak: 1 Colt: 2
Sacks
Dak: 2 Colt: 1
Passing TDs (0-40 yards)
Dak: 1 Colt: 2 (you only listed 3 yardages for Colt's touchdowns, yet said he had 4, so you'll need to edit the final answer. In addition, I don't know if passing TDs from 50+ yards are counted as a passing TD from 40+ yards, 50+ yards as well, so I'll assume that it doesn't)
Passing TDs (40-50 yards)
Dak: 1 Colt: 0
Passing TDs (50+ yards)
Dak:0 Colt: 1
To figure this out, instead of going and calculating both scores separately, what I will do is subtract Dak's count from Colt's count for each stat, and that difference will therefore be how much the brothers won from that stat. If it's negative, the brothers lose that much money, and I'll add the numbers at the end. Note that the 300 yard bonus is not counted in this, so I'll add 5 to Colt's number at the end. To figure out the rushing/passing yards, we can simply divide the numbers by 25/10 because it's for every amount of yardage, you get a point. For all others, we simply multiply the amount by the amount per sack, INT, rushing touchdown, etc.. Without further ado, here's our end number equation:
5+(315-256)/25+(16-31)/10+(2-1)*(-3)+(1-2)*(-2)+4*(4-2)+2*(0-1)+3*(1-0)=13.86
Feel free to ask further questions, and Happy Thanksgiving!
First of all, as a football fan, 50 passing yards crossing out a sack doesn't make sense.
Formatting this a bit better, we have:
Passing Yards
Dak: 256 Colt: 315 (+300 bonus)
Rushing Yards
Dak: 31 Colt: 16
INTs
Dak: 1 Colt: 2
Sacks
Dak: 2 Colt: 1
Passing TDs (0-40 yards)
Dak: 1 Colt: 2 (you only listed 3 yardages for Colt's touchdowns, yet said he had 4, so you'll need to edit the final answer. In addition, I don't know if passing TDs from 50+ yards are counted as a passing TD from 40+ yards, 50+ yards as well, so I'll assume that it doesn't)
Passing TDs (40-50 yards)
Dak: 1 Colt: 0
Passing TDs (50+ yards)
Dak:0 Colt: 1
To figure this out, instead of going and calculating both scores separately, what I will do is subtract Dak's count from Colt's count for each stat, and that difference will therefore be how much the brothers won from that stat. If it's negative, the brothers lose that much money, and I'll add the numbers at the end. Note that the 300 yard bonus is not counted in this, so I'll add 5 to Colt's number at the end. To figure out the rushing/passing yards, we can simply divide the numbers by 25/10 because it's for every amount of yardage, you get a point. For all others, we simply multiply the amount by the amount per sack, INT, rushing touchdown, etc.. Without further ado, here's our end number equation:
5+(315-256)/25+(16-31)/10+(2-1)*(-3)+(1-2)*(-2)+4*(4-2)+2*(0-1)+3*(1-0)=13.86
Feel free to ask further questions, and Happy Thanksgiving!
the $10 he could have earned at his job.
Explanation:
Opportunity cost is what an economic agent such as a individual and a firm forgoes when a choice is being made out of several options available.
In this case, we are told that Ali decides to attend the one-hour review session for microeconomics instead of working at his job and that his job pays him $10 per hour.
Ali's opportunity cost of attending the review session is the $10 he could have earned at his job.
the $10 he could have earned at his job.
Explanation:
Opportunity cost is what an economic agent such as a individual and a firm forgoes when a choice is being made out of several options available.
In this case, we are told that Ali decides to attend the one-hour review session for microeconomics instead of working at his job and that his job pays him $10 per hour.
Ali's opportunity cost of attending the review session is the $10 he could have earned at his job.
Blank1= C:12.593
Blank2= C:593
Step-by-step explanation:
First we need to remember the equation for future value of annuity
FV=C(((1+i)ⁿ-1)/i
PV is 500
i=0,05/12=0,004
n=24 months
FV=500((1+0,0041)²⁴-1)/0,004
FV=12.593
If the total of payments were 500x24=12.000
it means for interest is 593
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Blank1= C:12.593
Blank2= C:593
Step-by-step explanation:
First we need to remember the equation for future value of annuity
FV=C(((1+i)ⁿ-1)/i
PV is 500
i=0,05/12=0,004
n=24 months
FV=500((1+0,0041)²⁴-1)/0,004
FV=12.593
If the total of payments were 500x24=12.000
it means for interest is 593
It will provide an instant answer!