Answer:
8.31 years
Explanation:
For this question, we have to calculate the number of years by applying the NPER formula which is attached in the attachment below:
Given that,
Present value = $800
Future value = $1,200
Rate of interest = 5%
PMT = $0
The formula is shown below:
= NPER(Rate,PMT,PV,-FV,type)
The present value come in negative
So, after solving this, the answer is 8.31 years
Answer:
The effects of inflation in the U.S. trading partner, will pass through the U.S. economy in the form of exports: since the U.S. imports goods from ABC islands, the higher prices in the ABC islands will make imports from there more expensive, contributing to a small raise in inflation in the overall U.S. economy.
However, exports from ABC Islands are likely to be a small component of U.S. Aggregate demand, so the effect in overall inflation is likely to be small.
Despite this, the fed can step in and raise interest rates by contracting the money supply. This is contractionary monetary policy, and it is used when inflation is rising. It lowers the value of the U.S. dollar in international markets, but it increases output price level.
Answer:
It's important because your making a change.
Explanation:
Sustainable tourism is the concept of visiting somewhere as a tourist and trying to make a positive impact on the environment, society, and economy.
Answer:
The answer is: B) $175
Explanation:
Caroline made an income of $500 from this transaction and it should be taxed at ordinary income rate (35%).
Caroline´s taxes = $500 x 35% = $175
In order for Caroline to be taxed at 15% (capital gains rate) she should have sold a capital asset that she had owned for more than one year, but in this case she didn´t sell any stock.
What is inflation?
Monetary value of final goods and services produced within a country for a specific time period.
