Answer:
their hopes will come true
Step-by-step explanation:
Using the formula for calculating amount expressed as;
A = P(1+r)^t
Given
P = $15000
r = 9.6% = 0.096
t = 15years (18-3)
Substitute;
A = 15,000(1+0.096)^15
A = 15,000(1.096)^15
A = 15000(3.9551)
A = 59,326.6
As we can see, the money is even more than twice the original amount, this shows that their hopes will come true
Answer to question 1:
When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.
Answer to question 2:
Commercial banks play an important role in the financial system and the economy. ... They provide specialized financial services, which reduce the cost of obtaining information
Answer to question 3:
Government regulation affects the financial services industry in many ways, but the specific impact depends on the nature of the regulation. Increased regulation means a higher workload for people in financial services.
Answer to question 5:
Adam Smith because he was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics''.
Answer:
x = 3, y = 10.
Step-by-step explanation:
The 2 triangles are similar so the corresponding sides are in the same ratio.
x/6 = 4/8
x/6 = 1/2
x = 6/2 = 3.
y/5 = 8/4 = 2
y = 5*2 = 10,
Answer:
Puppy Liz runs 34.61 ft.
Step-by-step explanation:
From the figure we can extract two triangles: one with angle 34° and adjacent 40ft, the other with angle 34°+23° and adjacent 40ft.
Let us call the distance from the pole to the fire hydrant 
, and the distance from the pole to the bench 
, then the distance 
from the fire hydrant to the bench is
which is the distance the Puppy Liz runs.
Now, from trigonometry we have
and
Therefore, the distance Puppy Liz runs is
