The realtor sells the home to the consumer
The future worth of a current amount that has a compound
interest can be calculated through the equation,
<span>
F = P x (1 + r)^n</span>
Where P is the present worth, F is the future worth, r is
the rate and n is the number of years. Substituting the known values to the
equation,
<span> F = ($2,265)(1 +
0.05)^2 = $2,497.163</span>
<span>Thus, the amount that Hasani will pay for his second year
is approximately $2,497.163. </span>
The correct answer for the problem is c
It will cause a change in the quantity demanded. There will be the same demand, but if the price goes up less people will buy the papayas.
