The saving account will have 575.125 USD after 2 years.
Explanation:
Usually, when people want to save money in a bank, they get a particular compound interest rate. This is of benefit for both sides, as the bank has the money at disposal and uses them, while the saver gets certain amount of money because of it. The interest rates can vary greatly, and in this case we have 7.5%, which is a very large interest rate in modern times.
If the saver has 500 USD at the beginning, and leaves the money in the bank for two years, he/she will get solid amount of compound interest for it. In order to get to the result we simply need to add 7.5% of the amount to it, and for the next year to add 7.5% on the amount that has accumulated from the previous year:
(500/100)x7.5 = 537.5
(537.5/100)x7.5 = 575.125
We get a result of 575.125, meaning that the saver has managed to gain 75.125 in the two years that the 500 USD have been in the bank.
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A victim of stone throwing by a group of teenagers, he ended up drowning under the watchful eye of a police officer. Thirteen days of riots followed, leaving 38 dead /mostly African-Americans/ and 537 injured
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<span>B. Religious Differences</span>
B is correct answer.
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-Charlie
Robert <span>Kennedy's assassination changed the course of the Election of 1968. As a Democratic candidate, he had to </span><span>strongly opposed the Vietnam War and was committed to civil rights.</span>
Answer:
One drawback of pure competition is that sellers don't have the opportunity to earn more than their competitors unlike in monopolies, the sellers can set their own prices.
Explanation:
Pure competition is a type of situation where sellers offer the same products of the same prices. This is also called<em> "atomistic market."</em> So you can imagine that the different companies have almost the same sale. An example of an item under pure competition is "corn." Vendors (people) usually sell them at the same price and quality. If differences do exist,<em> they're totally irrelevan</em>t.
