Answer and Explanation:
The computation is shown below;
Given that,
Principal = P = $2000
As we know that
Future value (FV) = P × (1 + R)^n
here,
R = Rate of interest,
N = no of years
Now
A) N = 5, R = 5% = 0.05
FV = $2,000 × (1.05)^5
= $2,553
The Interest earned is
= $2,553 - $2,000
= $553
B) N = 10, R = 5% = 0.05
FV = $2,000 × (1.05)^10
= $3,258
The Interest earned is
= $3,258 - $2,000
= $1,258
C) N = 5, R = 10% = 0.10
FV = $2,000 × (1.10)^5
= $3,221
D) Option A
As in the part B the time period is 10 years as compared with the part A i.e. 5 years having the interest rate same
Also the cumulative interest would be greather than double as compared with part A
The answer is B, which is weight of gold. I say this because money is used as a means of exchange, that is; it is used to get goods.
Money is also used to store value because if you pay for something, you value it more.
It is also a unit of account. Hope i helped. Have a nice day.
Answer:
Make no change in Y and Z.
Explanation:
It was assumed that consumer purchases the combination of two goods, Y and Z.
For maximizing the utility of the consumer, the ratio of marginal utilities must be equal to the price ratio of the products.
We can see that the ratio of marginal utilities is equal to the price ratio of the products. Hence, the consumer should not make any changes to the combination of products.
A team is linked to the organization's hierarchy,
with some shift of power to team; the leader has limited managerial power;
decision-making is consultative, democratic, or by consensus
Answer:
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