
pv = previous value =2,000
r =rate= .05/4
n= number of periods = 5*4=20
This is the formula.
Answer:
The answer is below
Explanation:
The Federal Reserve System Board of Governors is one of the five branches of the Federal Reserve System. Their roles involve carrying out the analysis of economic data, executing supervision of Reserve Banks, establishing and overseeing financial regulations.
The board comprises seven members with 14-year terms. They also partake in the Federal Open Market Committee and as well liaising with leaders in other parts of the government.
According to the "adapting to change" box, the professional that is best able to detect the financial irregularities that often accompany fraud in an organization is Control process.
<h3>What is control process?</h3>
Controlling involves assessing the performance of a company and modifying the financial performance.
This is done for credibility and to meet the company's objectives, goals and plans.
Control process serves as yardstick to which the goal of business or company is achieved. Managers of company engage in control process.
Therefore, According to the "adapting to change" box, The professional that is best able to detect the financial irregularities that often accompany fraud in an organization is Control process.
Learn more on control process below
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Answer:
The correct answer is letter "B": Individuals have to make choices from among alternatives.
Explanation:
Scarcity is the basic economic problem by which individuals have unlimited needs but count on limited resources to satisfy them. As a result, people must make trade-offs by which they sacrifice part of the satisfaction of one need to cover part of another need.
Scarcity pushes individuals to optimize the allocation of their resources to maximize the utility of the goods or services people use to satisfy their needs.