Answer:
$0.15
Explanation:
Interest is calculated using the formula below.
I = P x i x t
where I = interest
P= principal amount.
i=interest rate
t=time
Interest is given as an annual percentage. A 2.75 % interest will translate to 2.75/100 divided by 12 monthly interest. Therefore, the applicable interest rate is 0.00229 %
interest for the month will be
i=$65 x 0.00229 x 1
=$0.14895
=$0.15
Answer:
time required is 7.70 years
Explanation:
given data
interest rate = 9%
solution
we know with the compounded continuously rate r and time t amount is
A(t) = A(o)
.................1
and we have given amount is double so
A(t) = 2 A(o)
so from equation 1 put the value and we get here
2 A(o) = A(o) 
ln(2) = 0.09 t
solve it we get time
time t = 7.70 years
so time required is 7.70 years
Answer:
A stakeholder is any person or organization that has a legitimate interest in a specific project or policy decision. As an economist, whenever you are required to discuss the costs and benefits.
He is going to reduce the price of the item because it may because of the price and the demand rate that the item isnt selling.
Answer: Budget Constraint
Explanation: Because from the Question we can see that brain needs $50,000 for his research but was dropped to $30,000 , so the $20,000 not given is the budget constraint .