You have been accepted into college. the college guarantees that your tuition will not increase for the four years you attend college. the first $ 10 comma 400 tuition payment is due in six months. after that, the same payment is due every six months until you have made a total of eight payments. the college offers a bank account that allows you to withdraw money every six months and has a fixed apr of 3.9 % (with semiannual compounding) guaranteed to remain the same over the next four years. how much money must you deposit today if you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made?

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Entrepreneur is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.