The compound interest has the capacity to capitalize on the interest of the previous period, that is to say that it converts the interest earned in a period into capital for the following one, in this way the formula of the compound interest is:
Where is the future value or capital that will remain, the present or initial value, the interest rate per period and the number of periods to be capitalized, in this case we have a present value of <em>$2,500</em>, a quarterly rate of <em>7.3%</em> , that is to say <u>4 in a year</u>, as they are 5 years, we obtain <em>4 * 5 = 20</em> periods, with this we calculate
Answer
$<em> </em>10,231.39 will remain in the account
Answer:
Permanent partial disability
<h3>
What is permanent partial Disability?</h3>
- Permanent Partial Disability — a worker's compensation disability level in which the injured employee is still able to work but not with the skill and efficiency demonstrated prior to the injury.
- As a result, the earning capability of the worker is affected.
To learn about Permanent partial disability, refer
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Answer:
b. a 15 percent decrease in the price.
Explanation:
Differential in quantity / differential in price
0.12 Demand /X Price = 0.8
X supply = 0.12 / 0.8
price = 0.15
Answer:
Julie’s can deduct $2,000 in 2020
Explanation:
In 2020 rents for only two months November 2020 and December 2020 are accrued
First calculate the monthly rent
Monthly rent = Rent paid / Month for which rent paid = $24,000 / 24 months = $1,000 per months
Now calculate the rent deduction to be made by Julie in 2020
Rent deduction 2020 = Numbers of months accrued in 2020 x Monthly rent = 2 months x $1,000 per month = $2,000
Answer:
its a word that means that you're good at convincing people to do things