Answer:
a)
Explanation:
money is a valuable because it is backed by gold
Answer:
PV= $37,204.70
Explanation:
Giving the following information:
Interest rate= 6% compounded semiannually= 0.03
Future value= $50,000
Number of periods= 5*2= 10
To calculate the initial investment to reach the objective, we need to use the following formula:
PV= FV/(1+i)^n
PV= 50,000/(1.03^10)
PV= $37,204.70
Answer:
B. Target market customers are essential factors for selecting business locations.
Deposit column. You can also state in the comments section that it was interest earned from the checking account.