<u>Answer:</u> The future value is $1348.48
<u>Explanation:</u>
To calculate the future value of annuity, we use the equation:
![\text{Future value of annuity}=P[\frac{(1+r)^n-1}{r}]](https://tex.z-dn.net/?f=%5Ctext%7BFuture%20value%20of%20annuity%7D%3DP%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%5D)
where,
P = principle amount = $ 200
r = Rate of interest = 15 % = 0.15
n = number of periods = 5
Putting values in above equation, we get:
![\text{Future value of annuity}=200[\frac{(1+0.15)^5-1}{0.15}]\\\\\text{Future value of annuity}=\$ 1348.48](https://tex.z-dn.net/?f=%5Ctext%7BFuture%20value%20of%20annuity%7D%3D200%5B%5Cfrac%7B%281%2B0.15%29%5E5-1%7D%7B0.15%7D%5D%5C%5C%5C%5C%5Ctext%7BFuture%20value%20of%20annuity%7D%3D%5C%24%201348.48)
Hence, the future value is $1348.48
Answer:-
I think it’s LABOUR if I guessed it ryt
Answer:
A. the brain drain.
Explanation:
<em>Brain drain is a social phenomenon in which skilled individuals seek a more favorable professional opportunity and a higher standard of living outside of their countries. </em>This can be avoided by improving health and education, developing countries can generate economic growth, and increase incomes as the question says.
I hope you find this information useful and interesting! good luck!
Answer:
$458,822
Explanation:
The formula to compute the future value is shown below:
Future value = Amount (1+i)^n -1 ÷ i)
where,
Interest rate = 8% ÷ 12 months = 0.6666%
And, the number of months = 35 years × 12 months = 420
Now put this value to the above formula
F = $100 × (1 + 0.6666%)^420 - 1 ÷ 0.6666%
After solving this,
the answer would be $458,822
Corporation chartered by a state to engage in international banking; so named because the corporation enters into an "agreement" with the Board of Governors to limit its activities to those permitted an Edge Act corporation. Typically organized as a subsidiary of a bank, an agreement corporation may conduct activities abroad that are permissible to foreign banks abroad but that may not otherwise be permissible for U.S. banks.