Answer:
this could be a hard lead if this has to do with writing an article of some sort Explanation:
Answer:
The answer is $86,167.57 (to 2 decimal places)
Explanation:
In this question, we are to calculate the present value of a certain amount that is compounded semiannually, and after 10 years, yields a future value of $200,000. To calculate this, we will use the formula for calculating present value as follows:
PV = FV ÷ ![(1+\frac{r}{n})^{n*t}](https://tex.z-dn.net/?f=%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bn%2At%7D)
where:
PV = present value = ???
FV = future value = $200,000
r = interest rate in decimal = 8.6% = 0.086
n = compounding period pr year = semiannually = 2
t = time of compounding in years = 10
Therefore,
PV = 200,000 ÷ ![(1+\frac{0.086}{2})^{2*10}](https://tex.z-dn.net/?f=%281%2B%5Cfrac%7B0.086%7D%7B2%7D%29%5E%7B2%2A10%7D)
PV = 200,000 ÷
= $86,167.57
In an open economy, national saving equals to domestic investment and net capital outflow
Explanation:
In an open economy national saving as considered or calculated an equal to the domestic investment and net capital outflow.
The savings saved by the households are generally deposited in the the banks accounts and banks use this amount to give loans to the business organisation and they make money from these loans.
Apart from this, countries also invests in the other foreign countries which is also considered as domestic (national) saving.
<span> bank account where the depositor can write </span>checks<span>. A bank account where money is stored and returns a low interest rate. The same thing as a </span>checking<span> account. ...</span>Blank is a check that is dishonored because of insufficient funds<span>.</span>