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Keith_Richards [23]
3 years ago
15

The "invisible hand"

Business
1 answer:
Gala2k [10]3 years ago
6 0
Not guarantee that resources will be allocated efficiently nor that there will be equality.
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You deposit $300 in a bank account that earns 4ompound interest annually. what is the value of your $300 in 10 years?
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You deposit $300 in a bank account that earns 4% compound interest annually. $444 is the value of your $300 in 10 years.

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Compound interest is while you upload the earned hobby lower back into your important stability, which then earns you even extra interest, compounding your returns. shall we say you have got $1,000 in a savings account that earns 5% in annual interest. In 12 months, you would earn $50, giving you a brand new balance of $1,050.

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Can anyone help me with this? I've looked for the answers but I can't seem to find them (that's not unusual, my school is online
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Before you give your hard earned cash to just any Internet bank, make sure they are legitimate. Check and re-check all of the institutions' contact information. Contact them. Ask questions. Make sure they are real! There also should be an “about us” section on the site. This should tell businesses detail. How long have they existed? Who is the CFO? Who is the parent company, if any? This is your money you are entrusting to them. Make sure it is safe! Go to the FDIC web-site. Look for information about the Internet bank you are considering. If they are insured, their information will be available. 
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Read more: <span>http://www.finweb.com/banking-credit/is-your-internet-bank-legitimate-how-to-tell.html#ixzz4PKL0rVJ8


I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
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