Answer:
Interest revenue from the CD 470.04
Explanation:
we will calcualte the future value of the CD and from there calculate the interest:
Principal 2,200.00
time 8.00 (2 years x 4 quarter per year)
rate 0.02450 (9.8% divided by 4 quarter per year)
This divisions and multiplication are done to make time and rate be express i nthe same metric.
Amount 2,670.04
Now, we calculate interest revenue:
Amount - Principal
2,670.04 - 2,200 = 470.04
Production possibilities curve between the two goods will be a straight, downward-sloping line if the opportunity cost rise.
<h3>What is production possibilities curve?</h3>
The production possibilities curve serves as graph that display the relationship between the resources and the output that can be produced.
Therefore, when the opportunity cost that exists between two goods, there will be. downward slope as regards the production possibilities curve.
Learn more about production possibilities curve at;
brainly.com/question/2601596
#SPJ1
Applying for a loan in each of the dealerships he visited will have negative consequences on his credit score.
The credit score is a term to refer to the score that people have toward the financial system. The credit score is a kind of business card for each person regarding their financial life.
One of the most common mistakes people make is when they make multiple credit applications when they intend to buy something because this is a bad practice for their credit score.
For example, if Jason completed credit applications in four different dealers, his score may drop because the entities that are going to lend him the money consider this activity as something negative.
In addition, people who apply for loans in different entities are generally forced to do so because they are denied the possibility of credit, that is, they have an unfavorable history to access a loan.
Learn more in: brainly.com/question/16663880
I would say that the answer to this question is most likely staff. Just
as departments are subdivisions and part of a larger organization,
employees are part of a larger staff or workforce.
3. Classical economics assumes people are rational and logical while behavioral economics adds psychology to the mix.
A major theory in classical economics is that human beings are rational and, given the necessary information they will make rational decisions and act rationally, however, Behavioral economics assumes that people are irrational players.