Answer:
10%
Explanation:
Data provided in the question
Purchase value of the stock = $80
Number of years = 15
Times = 4
So, the return on owning this stock is
= Number of times^(1 ÷ number of years) - 1
= 4^(1÷15) - 1
= 4^0.0666666667 - 1
= 1.0968249797 - 1
= 0.0968249797
= 10% round off
All other things that are mentioned in the question is not relevant. Hence, ignored it
If real GDP was 2630 and grew annually at 3%, The value of real GDP ten years later is going to be $67670
<h3>How to solve for real GDP </h3>
We have to start by starting the formula A = P(1+r)^n
We have P = principal = 2620
We have r as the rate of interest = 3% = 0.03
We have the number of years n = 110
We have to put these values in the formula we have
A= 2620(1+0.03)^110
= 67669.9
This is approximated to be
= 67670
Read more on Real GDP here:
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The answer is <u>"Oligopoly".</u>
Oligopoly is a market structure with few firms, none of which can shield the others from having huge impact. The focus proportion estimates the piece of the overall industry of the biggest firms. An imposing business model is one firm, duopoly is two firms and oligopoly is at least two firms. There is no exact maximum breaking point to the quantity of firms in an oligopoly, however the number must be low enough that the activities of one firm altogether impact the others.
Answer:
C. People with a doctoral degree are half as...
Explanation:
