Sparky, Inc., performs services for ABC Company on January 1, 2020 and accepts a $329,911, 6%, six-year note from their client. The note requires ABC to make semi-annual loan payments of principal and interest each June 30th and December 31st with the first payment to be received on June 30, 2020. What is the amount of each payment? Note: PVOA(3%, 12n) = 9.954 PVOA(6%, 12n) = 8.384 PV$1 (3%, 12n) = 0.701 PV$1 (6%, 12n) = 0.497

its ii) i did this test

explanation:

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order:

answer (b); /// a method of measuring the opinions of a large group of people by selecting a subset of the larger group, asking them a set of questions and then generalizing those responses;

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.