Answer:
$283,005
Explanation:
The computation of the additional money that she deposited now is shown below:
As we know that
Future value = P × FV (7%, 8 Years)
Here
Future value = $1,005,500,
P represent the deposited amount
and FV (7%, 8 Years) is the future value (FV) of $1 at 7% for 8 years. Its value is to be determined from future value table.
From the table, the value of FV (7%, 8 years) is 1.7182.
Now
$1,005,500 = P × 1.7182
P = $1005500 × 1.7182
P = $585205
Now
The Additional deposit amount is
= $585,205 - $302,200
= $283,005
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I would think d- show empathy, courtesy, and respect
Quarterly data: Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2017, according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent.
