Answer: $770.22
Explanation:
If she makes equal contributions then those would be annuities. The $9,000 she wants to have will be the future value of the amount currently in her account and the annuity.
9,000 = 5,000 ( 1 + r) ^ n + ( annuity * future value interest factor of an annuity, 9%, 3 years)
9,000 = 5,000 ( 1 + 9%) ^ 3 + ( Annuity * 3.2781)
9,000 = 6,475.145 + 3.2781 * Annuity
Annuity = (9,000 - 6,475.145) / 3.2781
Annuity = $770.22
Answer:
C) the nominal value of aggregate income is determined
Explanation:
The quantity theory of money states that nominal aggregate income is determined by money supply. It is assumed that money velocity is constant in the short run and so would not impact nominal aggregate income.
The quantity theory of money is obtained from the equation of exchange which is:
(Money supply × velocity ) = (price × agregrate output)
Dividing both sides by velocity gives,
Money supply = (1/velocity) × ( price × agregrate output)
It is assumed velocity is constant, therefore,
Money supply = k × (price × agregrate output)
I hope my answer helps.
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To answer this item, we let x be Jeff's speed when going back home. With this representation, the speed from home to his parents is x + 9. The total time it took him for the trip is 8 hours. The time of each trip can be calculated by dividing the distance by time. Such concept is presented below.
8 hours = 160/x + 160/(x + 9)
The value of x from the equation is 36. Thus, his speeds were 36 miles/h and 45 miles/h.
<span>A made up
situation I can write is that you could talk about and discuss finances with a financial
advisor or consultant who knows these issues better than you. To make these
communications less stressful, you can comprehend that the consultant is there
to help and is able to help and/or when you get excessively furious, you can
take deep breathes to lessen the stress and make yourself calm.</span>
The development of team roles arises from the expectations of the team, the organization, and the team members themselves. .
<h3>What is a team?</h3>
A team serves as group of people that have a particular goal and they work together to achieve the aim of the organization.
However, team roles are the responsibility of each members which is expected from individuals in the team.
Learn more about team at:
brainly.com/question/11352260