18. A company is in its first month of operations. On January 15, the company receives $600 from customers who will receive 10 v
1 answer:
You might be interested in
Answer:
The correct answer is 777.169.56.
Explanation:
According to the scenario, the given data are as follows:
Payment per year (PMT) = $3,000
Time (N) = 40 years
Rate of interest (R)= 8%
So, the future value of the following can be calculated by using the following formula:
Future value = PMT ×
Now, put the value of the following in the formula. then,
= 3,000 ×
= 3,000 × 259.0565
= 777,169.56
Hence, the value in the account after 40 years will be 777,169.56.
Answer:
rises; demanded falls
Explanation:
The aggregate demand curve exhibits a negative relationship between aggregate price levels and aggregate output demanded. If aggregate price levels falls, aggregate output demanded rises and if aggregate price levels rises, aggregate output demanded falls.
The aggregate demand curve is negatively sloped.
Please check the attached image for a graph of the aggregate demand curve.
I hope my answer helps you
