The formula for annual compound interest is:
A = P (1 + r/n)ⁿˣ
Where:
A = Future value
P = The principal investment amount
r = The annual interest rate
n = The number of times that interest is compounded per year
x = The number of years
A = $6,000
P = $3,000
r = ?
n = 1 times
x = 6 years.
6000 = 3000 × (1 + r)⁶
6000/3000 = (1 + r)⁶
2 = (1 + r)⁶
Taking 6th root on both sides.
1.12 = 1 + r
r = 1.12 - 1
r = 0.12
r = 12%
Answer:
Reaganomics promised to slash government spending and taxes to end stagflation and the 1980 recession. It worked, but at a cost. Real GDP grew over one-third during Reagan's presidency, an over $2 trillion increase. The compound annual growth rate of GDP was 3.6% during Reagan's eight years, compared to 2.7% during the preceding eight years;
Explanation:
Answer:
Expansion and Resources
Explanation:
Europeans were religiously motivated to spread their faith to other places and wanted to expand their relatively small country by acquiring more land. They also wanted more resources to trade to increase wealth and vary their own resources.
the answer is B both provide a guide for how to behave and worship
Answer:
The right view in the eightfold paths support wisdom, and the most important thing, when it comes to following the eightfold path, is to be ethical in word, deed, and thought. In other words, to be a good, kind, positive, and moral person.
