The returns of a capital amount to a compensation rate for depositing the money, to calculate these returns an interest rate is used by which the deposited capital is multiplied, in this case the rate is 4%.
As the money distributed is only the product of interest, then that money is the result of multiplying the capital by the interest rate, to obtain how much money Mr. Jefferson contributed, the reverse process will have to be done.
Answers
let <em>C</em> be the capital, then
:
The capital contributed by Mr. Jefferson was <em>$4,262,500</em>
Answer:
The correct answer is option d.
Explanation:
If a demand curve is linear and downward sloping, different points on the line can show different values of slope. The value of slope will be equal to the ratio of change in price to change in quantity demanded. The value of slope will be the same throughout the line.
The price elasticity is the ratio of change in quantity to change in price. The price elasticity can be different for different points on the demand curve.
The points on the lower parts are more inelastic while the points on the upper portion are more elastic. The midpoint represents unit price elasticity.
Since the upper portion is more price elastic, an increase in price will cause a more than proportionate decrease in the quantity demanded. This will cause the total revenue to decrease.
Answer:B.40.9%
Explanation:
If $675 spend on mortgage and his monthly income is $1650
So the percentage will be:
$675 / $1650 × 100
= 0.409 ×100
= 40.9%
Since their is no choices he shouldn’t never touch the money and keep adding cash it increase it over time.
