Answer:
$4,021 two years ago
Explanation:
Given that
The Rate of interest is 10%
And as we know that
PV = FV × (1 + i)^(-n)
And
FV = PV ÷ (1 + i)^n
where,
PV = prsent value,
FV = future value ,
i = interest rate,
n = years
Now
a)
FV = $4,545 × (1.1)
= $4,999.5
b)
PV = $5,500 ÷ (1.1^-1)
= $5,000
c)
FV = $4,021 × (1.1^2)
= $4,865.41
d)
PV = $6,050 × (1.1^-2)
= $5,000
hence, the correct option is c. $4,021
It is wrongly written as $4,012
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ALL OF THE ABOVE: Your social security number
, your bank account number
, your birth date
.
Answer:
The correct answer is True.
Explanation:
According to Maslow's theory of human needs, self-realization needs are those that seek to satisfy our own personal abilities, to develop our potential, to do what we have better aptitudes for and the need to develop and expand metamotives (discover the truth, create beauty, produce order and foster justice). This was exactly what Walter was looking for, because it was what he really loved.
The returns of a capital amount to a compensation rate for depositing the money, to calculate these returns an interest rate is used by which the deposited capital is multiplied, in this case the rate is 4%.
As the money distributed is only the product of interest, then that money is the result of multiplying the capital by the interest rate, to obtain how much money Mr. Jefferson contributed, the reverse process will have to be done.
Answers
let <em>C</em> be the capital, then
:
The capital contributed by Mr. Jefferson was <em>$4,262,500</em>
