The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.
The initial deposit might have a higher purchasing power because of inflation.
When money is deposited in a savings account, the amount of money earns interest.
The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)
Interest earned = $$5,306.04 - $5,000 = $306.04
Interest rate = $306.04 / (3 x $5000) = 2.04%
Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.
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Answer:
increased production of studs and spikes around the world
Explanation:
The production of hese new designs have a direct correlation with the production of studs and spikes around the world
Answer:
Define a Constitution of the most beautiful and the most beautiful North Cebu tourist spots I choose is Socrates
There are punishment for any offense. Selling alcohol to an intoxicated person is a misdemeanor offense and punishable by a maximum fine of $500 and sometimes about a year in jail.
- But sometimes, the effect often extend more than just criminal charges. The establishment or person that sold the alcohol could be given a fined or have their liquor license to be suspended.
<h3>What is the penalty for selling alcohol without a License?</h3>
One cannot sell alcohol without having the legal license or permit to do so.
There is a fines or jail time if a person sell alcohol without having authorization and one should not be selling/providing/delivering alcoholic beverages to an intoxicated person.
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