Answer:
C. 42 years
Explanation:
Rule 72 is used in finance and economics to estimate the number of years it will take for a given capital value to be doubled, given a given annual interest rate. In the case of GDP, the interest rate is replaced by the growth rate of the economy.
The formula for this rule consists of dividing 72 by the growth rate of the economy. The result will be the number of years for the capital value to double.
72 / growth rate = years to double
If the GDP growth rate is 1.7%, we have:
72 / 1.7 = 42.3 years
Answer:
In Four years i will be paying $16,585.
Explanation:
In this question apply the time value of money techniques.The amount to be paid after 4 years is known as the Future Value and is determined by setting the parameters as follows:
Pv = $12,700
i = 6.9%
Pmnt = $0
N = 4
Fv = ?
Using a Financial Calculator, the Fv (Future Value) will be $16,585
Conclusion :
In Four years i will be paying $16,585.
The z for $60.00 = -2.2
The percent of area associated with $60.00 = 48.6%
The z for $390.00 = 2.2
The percent of area associated with $390.00 = 48.6%
Adding the two percentages together, Peter calculates his answer to be: 97.2%
Answer:
These questions are personal and about beliefs, personality and other information that no one on this site but you know, therefore no one can answer these questions.
Explanation:
The answer is networking, if there’s more to it then it’s networking to generate leads.
