Answer: $198,515.29, $207,693.20, $209,903.91
Explanation:
Interest calculations:
1. Compounded annually
= A=50,000(1+0.09)^16
A= 50,000(1.09)^16
A=50,000(3.97030588)
A= $198,515.29
2. Compounded quarterly
= A=50,000(1+0.09/4)^16*4
=A= 50,000(1.0225)^64
A=50,000(4.15386394)
A= $207,693.20
3. Compounded monthly
=A=50,000(1+0.09/12)^16*12
A= 50,000(1+0.0075)^192
A=50,000(4.1980781995)
A= $209,903.91
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Answer:
$265
Explanation:
The computation of the national income is shown below:
But before that GDP should be determined
GDP = Consumption + Investment + Government purchase + Net exports
= $190 + $46 + ($9 - $12) + $84 - $10
= $307
now
National Income = GDP - Consumption of Fixed Capital + Net Factor Income from Abroad
= $307 - $52 + $10
= $265