This problem is solved by using the compound interest formula:
A=P(1+(I/period))^(number of periods)
Where A = amount accumulated and P = amount loaned and I = Interest
A = ? P = $2, 000, I = 0.115, Period = 2 (semi annually) Number of period = 2
*7 (I. e paid twice over a 7 yrs span)
So we have
A = 2000 ( 1 + 0.115/2)^(14)
A = 2000 ( 1 + 0.0575)^(14)
A = 2000 (1.0575)^(14)
A = 2000 (2.1873851765154) = 4374.77035
So we have 4374.80 to the nearest cent.
Answer:
household buying goods and services in the product market
Explanation:
The product market is where final goods and services are sold to households and firms.
The factor market is where factors of production are exchanged.
Mary is buying food for her cat. There are no indications that Mary is a business and that the food is a factor of production. Therefore, Mary is an household and she's purchasing from the product market.
I hope my answer helps you
Answer:
Bugatti Chiron Super Sport
Explanation:
The Bugatti Chiron Super Sport can go 304 MPH
Answer:
See explanation below
Explanation:
Correlation Coefficient - The degree of the relationship between two variables.
Correlation - The tendency of two variables to move together.
Capital Asset Pricing Model - This represent the return that reflects risk remaining after diversification.
Market Portfolio - A portfolio consisting of all stocks.
Expected Return on a Portfolio - This represents the weighted average of the expected returns on individual components.
Market Risk Premium - The difference between the market rate of return and the risk free rate
Beta - The variable that shows the extent to which a stock’s return moves up or down with the market.
S&P 500 is empirically used to measure Beta
Answer: d. All of the above.
Explanation: Budgeting is simply the activity of constructing a budget which in turn is defined as any amount of money or resources earmarked for a particular institution, activity or time-frame. An effective budget program is quite significant to both planning and controlling processes and is employed by managers and executives to plan, monitor and control various activities at every level of an organization or business creating better and tighter controls on an organization's costs, activities and communication.
