As long as the rate of return is bigger than the inflation, the value and amount of money will increase and so will the purchasing power: the correct answer is "it will increase".
For example, if you invest 100 dollars, you will receive 108 dollars back, and you'd need 103 dollars to have the same value of money as before - but you have more.
Let x = the price of the car that Olivia can afford.
Down payment = $2,500
Remaining amount to be financed is P = x - 2500.
Total payments should equal the monthly payments.
The total payment over 4 years (48 months) is
A = $185*48 = $8,880
The rate is r = 4.9% = 0.049.
The compounding interval is n = 12.
The time is t = 4 years.
The amount financed is P = $(x - 2500).
Therefore
(x - 2500)(1 + 0.049/12)⁴⁸ = 8880
1.216(x - 2500) = 8880
x - 2500 = 7302.63
x = 9802.63
Olivia can afford a car priced at $9,802.63.
Answer: $9,802.63
Answer:
c. pool
Explanation:
I think it is right answer of ur Question
People who make goods and services are called PRODUCERS.
They are called producers because they produce the goods and services needed by the consumers.
Consumers are people who requires the goods and services provided by the producers.
Answer:
d. The $1,500,000 is not taxable because Detroit settled the case
Explanation:
The $1,500,000 is not taxable because Detroit settled the case, Compensation received of damaging Goodwill is not taxable.
