The saving account will have 575.125 USD after 2 years.
Explanation:
Usually, when people want to save money in a bank, they get a particular compound interest rate. This is of benefit for both sides, as the bank has the money at disposal and uses them, while the saver gets certain amount of money because of it. The interest rates can vary greatly, and in this case we have 7.5%, which is a very large interest rate in modern times.
If the saver has 500 USD at the beginning, and leaves the money in the bank for two years, he/she will get solid amount of compound interest for it. In order to get to the result we simply need to add 7.5% of the amount to it, and for the next year to add 7.5% on the amount that has accumulated from the previous year:
(500/100)x7.5 = 537.5
(537.5/100)x7.5 = 575.125
We get a result of 575.125, meaning that the saver has managed to gain 75.125 in the two years that the 500 USD have been in the bank.
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<h2>The Renaissance was a fervent period of European cultural, artistic, political and economic “rebirth” following the Middle Ages. Generally described as taking place from the 14th century to the 17th century, the Renaissance promoted the rediscovery of classical philosophy, literature and art.</h2>
Europeans couldn't control the Africans because the kingdoms that existed there were strong and rich from trade.
<h3>What is trade?</h3>
- Transferring products and services from one person or institution to another includes trade, frequently in exchange for cash.
- A system or network that permits trading is referred to as a market by economists.
- Bartering was a primitive type of trade in which commodities and services were directly exchanged for other goods and services.
- Barter is the practice of exchanging goods without using cash.
<h3>What is economics?</h3>
- The study of economics that examines how products and services are produced, distributed, and consumed.
- Economics is the study of how economies function and the activities and interactions of economic agents.
- Microeconomics is a branch of economics that studies individual actors and markets, as well as how they interact and what happens as a result of those interactions.
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Answer:
Step 1: Find your connected connectors.
Step 2: Build a new power brand.
Step 3: Lower the barrier, flatten the path.
Step 4: Move people up the participation scale.
Explanation:
Iran tried getting their own freedom from mohammad mossadegh, so they went to the US for help
