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3 years ago

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If real gdp per capita in the united states is $8,000, what will real gdp per capita in the united states be after 5 years if re

al gdp per capita grows at an annual rate of 3.2%?

2 answers:

egoroff_w [7]3 years ago

8 0

Her answer is correct ^^

azamat3 years ago

4 0

just took the test C is the correct answer

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Racing Motors wants to save $825,000 to buy some new equipment three years from now. The plan is to set aside an equal amount of

Salsk061 [2.6K]

Answer:

It will have to save 51,224.05 to reach their financial goal of 825,000 in thre years at the given market rate

Explanation:

We have to solve for the annuity-due future value installment

$FV \div \frac{(1+r)^{time} -1}{rate}(1+r) = C\\$

FV $825,000.0000

time 12 (4 quartes x 3 years )

rate 0.0445

$825000 \div \frac{1-(1+0.0445)^{-12} }{0.0445} = C\\$

C $ 51,224.043

8 0

4 years ago

Ordering a mocha latte and paying for it from the starbucks smartphone app is using what type of internet commerce?

FromTheMoon [43]

<span>You are using M-Commerce (Mobile Commerce).
It is a type of e-commerce that can be handled from a mobile phone, a PDA or smartphone The first M-Commerce was launched in 1997, and since then its use has become widely spread worldwide. There are different payment methods to choose from, such as: contactless payment, credit cards and debit cards, micropayment services, and stored-value cards</span>

7 0

3 years ago

t's recommended that you join at least _______ professional membership(s) in your field to indicate that you're involved and ded

Inessa [10]

Answer:

The correct answer is letter "D": one.

Explanation:

After graduation from college, <em>young professionals should enroll in one professional program</em> at least so whenever they present their resume to companies, with their <em>memberships</em>, they show they are interested in following a path career in their field of study. This will let employers have an idea of the type of person they are dealing with and are likely to get the impression the young professional is taking the application seriously.

8 0

3 years ago

Monetary policy theory says that when the economy is faced with inflation, the government should

pogonyaev

Decrease the supply of credit ...

5 0

3 years ago

The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $ 11,400 12% Quarterly Ela

Vinvika [58]

Jerry's future value is $24,978.80

Elaine future value is 19,352.40

George future value is 31,443.62

Kramer future value is 28,022.87

Kramer has the greatest investment accumulation because he earned the highest interest.

<h3>What are the future values?</h3>

The formula for calculating future value:

FV = P (1 + r)^nm

FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years

Jerry : 11,400 x ( 1 + 0.12/4)^(4 x 5) = 24,978.80

Elaine : 14,400 x (1 + 0.06/2)^(2 x 5) = 19,352.40

George: 21,400 x (1.08)^5 = 31,443.62

Kramer : 17,400 x (1.10)^5 = 28,022.87

To learn more about future value, please check: brainly.com/question/18760477

#SPJ1

3 0

2 years ago