I did the quiz just yesterday and got a 100. The answer is E
The correct answer is choice c - complete.
Terry is writing a letter to one of his important clients, being sure to include all of the information that the client will need in order to make their investment decision. This is demonstrating the profession characteristic of being complete.
A common market also called a trading bloc is a regional group of countries with a common external tariff, no internal tariffs, and coordinated laws to facilitate exchange among members. A legal agreement that creates a collection of nations that adopt a common external tariff is known as a common market.
In a common market, nations also permit free commerce as well as the free movement of capital and labor inside the group. The goal of common markets is to encourage the free flow of people, capital, products, and services between the member states. Common markets can be discovered on a regional or international scale.
To learn more about common market, click here.
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Answer: $47,065.06
Explanation:
When interest is compounded continuously, the formula is:
Future value = Principal * <em>e</em>^(rate * time period)
= 2,000 * <em>e⁰.³² ˣ ¹⁰</em>
= $49,065.06
Amount of interest earned:
= $49,065.06 - 2,000
= $47,065.06
