The amount of money which would be in the account 12 years from today is:
<h3>What is an Investment?</h3>
This refers to the amount deposited in a business or financial institution, with the aim of getting return on investment after a period of time.
CI= P( 1 + r/100)^n
P= initial principal
n= number of times interest applied per time period
r= interest rate
t= number of time periods elapsed
A= final amount
=> 2,500 (1 + 0.084)^7
2500( 1.084)^7
= $4,396.88
Read more about investments here:
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Answer:
DEMAND AND SUPPLY SHIFTS IN FOREIGN EXCHANGE MARKETS
The benefits received from an individual disability insurance policy is not subject to federal income tax.
From what I've read in various online articles, <span>individual disability income insurance benefits are tax free because you have already paid for tax. The premiums you pay are from after-tax dollars. This means that taxes required on insurance disability benefits have already been paid prior to the benefits given. </span>
False I just know it lol trying to make this answer long
It is called the law of demand and supply whereby when the supply of commodity increases, the need reduces. The market becomes flooded with the items while the number of customers is constant. Moreover, when the supply of a good diminishes its demand goes up.