Answer: Nah just hanging out at home
Doing literally nothing.....sigh.......bored
A mixed economy is <span>a system mixing private and public enterprises.</span>
To prevent monopolies. The law was also created to make competition in the market place.
Answer:
FV= $6,308.12
Explanation:
Giving the following information:
Semiannual deposit= $1,000
Number of periods= 6
Interest rate= 4%= 0.04= 0.04/2= 0.02
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= semiannual deposit
FV= {1,000*[(1.02^6) - 1]} / 0.02
FV= $6,308.12
<u>In a financial calculator:</u>
Function: CMPD
Set: End
n= 6
i= 2
PV= 0
PMT= 1,000
FV= solve= 6,308.120963