Answer:
54 dollars
Explanation:
Because this problem involves simple interest, and the money is only deposited for one year, you can calculate the amount of money in the bank after one year by thinking about a percent increase. Johnny starts with 50 dollars in his bank account, and we are given that he will experience an 8% increase over the year. This means that the amount of money in his bank account after one year is just 50 + 0.08*50 (the principal amount plus the simple interest, or amount of money that increases during the year). This is equal to 50 + 4, or 54 dollars.
Note that, whenever we are dealing with simple interest, the amount of money in the bank after a certain number of years is just P(1 + PRT), where P is the principal amount, R is the interest rate, and T is the number of years the money is in the bank.
Answer:
The curve shifts to the left if the determinant causes demand to drop. That means less of the good or service is demanded at every price.
Explanation:
That happens during a recession when buyers' incomes drop. They will buy less of everything, even though the price is the same.
Where is the pic for this so I can answer
#&*(((((((***%%%%%%%%%%%%%
The correct answer is A. X<3
Please let me know if is right.
