On December 30, Year 1, Bart, Inc. purchased a machine from Fell Corp. in exchange for a noninterest bearing note requiring eight payments of $20,000. The first payment was made on December 30, Year 1, and the others are due annually on December 30. At date of issuance, the prevailing rate of interest for this type of note was 11%. Present value factors are as follows: Period The present value of an ordinary annuity of 1 at 11% The present value of the annuity in advance of 1 at 11%
7 4.712 5.231
8 5.146 5.712

On Bart's December 31, 2005 balance sheet, the note payable to Fell was:

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; is the sum of all individual demands curves;

answer the amount a seller is paid minus the cost of production;