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Karo-lina-s [1.5K]
4 years ago
14

Which statement is true?. . A. The value of money that you save increases over time.. B. The value of money remains constant ove

r time.. C. The present value of money is greater than its future value
Business
2 answers:
Svetradugi [14.3K]4 years ago
7 0

the correct answer would be c, the presnt value of money is greater thrn its future value

Marina86 [1]4 years ago
3 0
The statement that is true among the choices given is option C. The presentvalue of money is greater than its future value. This statement is a fact and is always true. The present worth of a money is greater than its future value due to inflation. This is the principle called the time value of money.
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An aggregate production function shows​ ________. A. the relationship between a​ country's output and its price level B. various
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Answer:

The correct answer is letter "C": the relationship between a​ country's GDP and its factors of production.

Explanation:

The Aggregate Production Function describes the relationship between a country's Gross Domestic Product (GDP) and the factors of production involved in it. Aggregate Production functions are considered physical and human capital, labor, knowledge, social infrastructure, and natural resources. Production increases as a result of increases in capital, natural resources, and labor.

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Describe an example of your leadership experience in which you have positively influenced others, helped resolve disputes or con
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3 years ago
Steven ballard has a strategic initiative for east carolina to be known as
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6 0
4 years ago
A review of the bank statement and accounting records of the Blake Company revealed the following items:
Evgesh-ka [11]

Answer:

a. Item numbers 2 and 4.

Explanation:

At the time of the bank reconciliation statement, there are two statements i.e book statement and the bank statement.

While at the time of recording the true cash balance, the following items should be deducted that are

1. Bank service charges

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All other items are not relevant for subtracting it from the unadjusted book balance.

8 0
4 years ago
The amount of money $20,000 is loaned for a period of time 6 years 9 months along with the simple interest $14,200 charged. dete
Naily [24]

A = P(1 + rt)

Where: A = Total Accrued Amount (principal + interest)

P = Principal Amount

I = Interest Amount

r = Rate of Interest per year in decimal; r = R/100

t = Time Period involved in months

From the question given,

A = $34, 200

P = $20,000

I= $14,200

r = ?

T = 6 years, 9 months = 81 months

<span>Substituting the original equation for r:</span>

 r = (1/t) (A/P - 1)

<span>Solving our equation:
r = (1/81)((34200/20000) - 1) = 0.00876543
r = 0.00876543
Converting r decimal to R a percentage
R = 0.00876543 * 100 = 0.8765%/month</span>

R = 0.8765% per month

<span>Calculating the annual rate
0.8765%/month × 12 months/year = 10.518%/year.


</span>

<span> </span>

7 0
3 years ago
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