Answer:
$1, 727.68
Explanation:
Cheryl wants to have $2000 three years from now in an account that pays 5%
The $2000 is equivalent to the Future value when applying the compound interest formula. The present value is the amount she needs to invest now.
Fv= PV (1+5/100)^3
$2000 = PV(1+0.05)^3
$2000 =Pv 1.157625
Pv = $2000/1.157625
Pv= 1,727.68
Cheryl has to invest $1, 727.68
the other son, possibly should get the computer first, because he doesn't need it for much, while the 1st son needs it for a number of things
Answer:
The provisions of the Mayflower Compact would influence later documents
like the Articles of Confederation. Which of the following is not a reason the
colonists created and signed the verry Mayflower Compact?
Explanation:
The provisions of the Mayflower Compact would influence later documents
like the Articles of Confederation. Which of the following is not a reason the
colonists created and signed the verry Mayflower Compact?
It is important to review the credit card disclosure for information on APRs, Penalties, Grace periods, Minimum financing charges, Calculation methodologies, and Fees.
An explanation of all the fees, charges, interest rates, and conditions that a consumer can encounter when using the credit card is contained in a credit card disclosure. The legislation requires disclosure of this information by organizations that provide credit cards. The disclosures on credit cards offer clear information about costs and charges. They also encourage rivalry. To allow consumers to evaluate credit cards more effectively, it is legally necessary of all credit card companies to give the same price information. They can pick the one that better serves their tastes in terms of price.
The interest rate that a client will pay on outstanding balances is the most obvious example of a cost listed on a credit card disclosure. Basic elements like the monthly payment deadlines will also be covered in the disclosure.
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If there's upward pressure on price, there would be an increase in the quantity supplied.
<h3>What the relationship between price and the quantity supplied?</h3>
There is a positive relationship between price and the quantity supplied. When there is an increase in price, the quantity supplied increases all things being equal.
The positive relationship between price and the quantity supplied is a result of the desires to earn more profit. So when price increases, in order to earn higher income, producers would increase the quantity supplied. This postulation is in line with the law of supply.
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