Abbie is in high school and saves money from her afterschool job to buy a car after she graduates from college. She wants a new car but knows it will cost more than $20,000. By her freshman year, she has saved $12,000. Which of the following would most help her have the most money by graduation?
The correct answer is letter B: A compound interest account.
If you’ve got money in a savings account, your money will grow due to compound interest. Interest is money the bank paid to you as a reward it is a percentage and generally expressed per annum (interest is proportional to the amount of money you have deposited).
Compound interest is a rate that is applied to the principal and any prior interest earned (that's to say interest on interest). So over a period of time, it is very profitable.
Answer:
El propósito de la escritura de mi carta es para fundamentar la importancia del respeto al espacio personal para que sea leida a mis destinatarios . Espero te ayude :)
Explanation:
A representative democracy/republic
Answer:
- the US has a trade surplus with Ghana
- the US has a greater purchasing power parity (PPP) than Ghana
Explanation:
The US and Ghana have very good relations in multiple sectors, and one of those sectors is the economy. The two countries have been having a constant increase in trade between each other, and the trend keeps on going, with each year bringing in more and more trade between the two. The US has a trade surplus with Ghana, as it exports more to it than it imports, though it is not some very dramatic difference. The main reason why the US has a trade surplus is that it has much more to offer to Ghana, than what Ghana has to offer to the US. Also, the US enjoys a greater PPP, having a much stronger currency, economy, and thus purchasing power, so it can acquire anything that Ghana has to offer to do if needed.
