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Zanzabum
3 years ago
14

What is the future value of $1,270 in 16 years assuming an interest rate of 9 percent compounded semiannually?

Business
1 answer:
mixas84 [53]3 years ago
7 0
The future value would be $5,194.30.
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A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied;
iVinArrow [24]

Answer:

supply curve to the right.

Explanation:

A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied; conversely, especially good weather would shift the supply curve to the right. Drought refers to a period characterized by little or no rainfall in a geographical location over a specific period of time. When there's a drought, the production of agricultural products will be very much affected, thereby causing a decrease in the quantity of farm products.

On the other hand, a good weather would cause an increase in the quantity of farm products and as a result of this, the supply curve would shift rightward because there's enough product to meet the customer's demands or needs.

4 0
3 years ago
If an unauthorized withdrawal was made from a checking account the customer will
Crazy boy [7]
Lock the card, and contact the bank.
7 0
3 years ago
Required: 1-a. Calculate the future value at the end of three years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropr
kobusy [5.1K]

Answer: $2,398.55

Explanation:

The deposit at the end of year one would have been compounded by 2 years at the end of year 3. The second year deposit would have compounded by 1 year and the third year deposit would not have compounded at all.

The future value at the end of 3 years is;

= (500 * ( 1 + 11%)²) + (750 * ( 1 + 11%)) + 950

= $2,398.55

<em>The question might not be the exact same but you can use this as a reference. </em>

6 0
3 years ago
Why is it difficult for some people to save money?
sammy [17]
If they have alot of money then it might be hard for them to save because they have enough or if they  dont have alot of money then they just wanna have alot of items i do that sometimes☺


8 0
3 years ago
Vivian goes to an auction and sees a rare antique lamp that is an identical match to one she already has. At the proper time she
BigorU [14]

Answer:

B

Explanation:

Any auction is either “with reserve” or “without reserve.” And the answer how an auctioneer handles higher bids rests with the type of auction being conducted.

In a with reserve auction, the auctioneer may refuse a higher bid (reserve the right to refuse …) where in a without reserve auction, any higher bid must be accepted.

Said another way, in a with reserve auction, the auctioneer is not bound to sell to the highest bidder. In essence, the next higher increment represents the minimum bid.

4 0
3 years ago
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