Wachovia has a sluggish-developing economy at an increased rate of 0.5% consistent with the year.
As in step with Rule 72
it's far a way of investing the number of years required to double the money.
The method :
72/price of going back =Time for investment to double
Given 144 years to double
then
72/144 = rate of return
rate of return = 0.5% per year
The compound increase is whilst an asset generates income which might be then reinvested to generate its very own income. at the same time as compounding is normally related to interest, it's also a very effective concept when implemented to the capital increase of assets.
The power of Compound growth indicates how you may definitely put your money into paintings and watch them grow. when you earn a hobby on savings, that hobby then earns interest on itself and this quantity is compounded monthly. The better the hobby, the extra your cash grows!
Learn more about The Power of Compound growth here
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Answer:
Marginal cost is greater than its average cost.
Explanation:
Given that,
Cost of producing 500 graphing calculators = $35,000
Cost of producing 501 graphing calculators =$35,080
Therefore,
The marginal cost = Cost of 501 graphing calculator - Cost of 500 graphing calculator
= $35,080 - $35,000
= $80
Average cost:
= $35,000 ÷ 500
= $70
Therefore, the marginal cost is greater than its average cost.
Answer:
c is the correct represent the equilibrium price if I am not wrong
Explanation:
<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>
Answer:
Correct Answer:
4. Ordinary life offers the policyholder the flexibility to meet a wide range of financial objectives.
Explanation:
Ordinary life insurance is a type of life insurance in which policyholders pay premiums for their whole lives at a set price and interval. <em>Despite offering protection in an event of unfortunate event for the policyholders, it does not offer the flexibility to meet wide range of financial objectives.</em>
<em>Ordinary life insurance policies are often considered paid up if the policyholder reaches 100 years of age.</em>
