Answer:
Yes
Explanation:
my answer has to be 20 characters long lol. but yes you can
Answer:
Annual deposit= $43,094.16
Explanation:
Giving the following information:
The Kellys are planning for a retirement home. They estimate they will need $200,000 4 years from now to purchase this home. Assuming an interest rate of 10%, what amount must be deposited at the end of each of the 4 years to fund the home price?
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (200,000*0.10)/ [(1.10^4)-1]= $43,094.16
<u>Solution and Explanation:</u>
The Equilibrium quantity of the widgets = 4000 and production of gizoms must be 10000
According to the ministry of misallocation production of the widgets must be 4000 each month. It means that equilibrium quantity is exactly equal to the output as set by the ministry of misallocation.
So, therefore there will be no deadweight loss in the widgets market.
<u>Note: </u>the scale of quantity axis has been taken in thousands as provided and mentioned in the question.
Option A, B, D
Money can only be used to produce physical capital, not human capital, Money can only be used to produce privately owned capital, not publicly owned capital and Money is used to purchase land, labor, or capital explain why money is not considered capital in economics
<u>Explanation:</u>
Money is not capital as statisticians distinguish capital because it is not a prolific source. While money can be utilized to purchase capital, it is the capital good: items such as appliances and devices, that are employed to generate goods and aids.
Money simply promotes sales, but it is not in itself a prolific source. Capital goods are not undeviatingly traded for money, so they habitually expect factors of expense and peril to assemble and apply. This is discrete and separate from a variety of budgetary funds.
This is True. When you pay with a debit card, you are using money from your own bank account.
