Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Juanita has $8,000 in a six-month certificate of deposit (CD)
Conclusion:
M2
Charles has a $10 bill in his wallet.
Conclusion: M1
Gilberto has $3,000 in a savings
Conclusion: M2
<em>Definition of Terms</em>
M1 money supply are those monies that are liquid such as cash and demand deposits.
M2 money supply are less liquid in nature and includes M1 + savings and time deposits, certificates of deposits, and money market funds.
Answer:
B i hope that is the answer
Explanation:
Answer:
5.36 percent
Explanation:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
Hence
35996=29208(1+r/100)^4
(35996/29208)^(1/4)=(1+r/100)
(1+r/100)=1.0536(Approx)
Hence r=(1.0536-1)*100=5.36%