QUESTION 30 The opportunity cost of an action is a. the value of the best opportunity that must be sacrificed in order to take the action. b. the cost of all alternative actions that could have been taken, added together. c. the monetary payment the action required.

You deposit \( \$ 1000 \) each year into an account earning \( 7 \% \) interest compounded annually. How much will you have in the account in 35 years?

"In addition, she said banks operating in Africa need to have a more end-to-end approach to risk management, considering bankability at all stages." As a followe up to Question 1 above and in addition to the solutions recommended in the anticle, recornmend how Southern African financial institutions can improve their risk management strategy.

Find the final hourly wage if a \( \$ 9.00 \) starting wage is increased by \( 4.5 \% \) each year for 8 years.

"In addition, she said banks operating in Africa need to have a more end-to-end approach to risk management, considering bankability at all stages." As a follow up to Question 1 above and in addition to the solutions recommended in the article, recommend how Southern African financial institutions can improve their risk management strategy.

The original price of a tablet was \( \$ 550 \). During a sale, Melvin was given a 30\% discount for the tablet. How much did he pay for the tablet?