Answer:
Microeconomics
Explanation:
Microeconomics relates to the interaction of a single market with different markets, and that such individual market tends to determine the price of a commodity in relation and interaction with different markets.
Here, in microeconomics we analyse and study the choices of an individual using various scarce resources for completing production, consumption and exchange.
Thus, correct answer is -
Microeconomics
Answer:
Hi!
Explanation:
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Answer:
$9,937.89
Explanation:
The computation is shown below:
Given that
Current T-bill yield rate = 2%
Required rate of return = 2.5%
Time period = 3 months
We assume the face value be $10,000
So the willing to pay amount for a three month T- bill is
= Face value ÷ (1 + required rate of return × given months ÷ total months)
= $10,000 ÷ (1 + 2.5% × 3 months ÷ 12 months )
= $10,000 ÷ (1 + 0.625%)
= $9,937.89
Answer:
Amount after 7 years will be equal to $914.615
Explanation:
We have given initial investment P = $650
It is given it is compounded annually with rate 5%
So rate of interest r = 5%
Time period is given n = 7 years
We have to find the amount after 7 years
Future value is given by , here A is future value P is initial investment r is rate of interest and n is time period
So
So the amount after 7 years will be $914.615