Answer:
Balance after 30 years = $151,018.50
Explanation:
In order to calculate this, we will calculate the future value on an amount invested, gaining interest over the years of investment, and this is given by:
where:
FV = future value
PV = present value
r = interest rate
t = time in years.
Hence the future value is calculated as follows:
1. For the first 10 years at 7% interest:
7% interest = 7/100 = 0.07
2. For the last 20 years at 9.5%(0.095) interest:
Note that for the remaining 20 years, the present value (PV) used = 24,589.392, as ending balance after the first 10 years
Total Future value earned = $151,018.50
Answer:
correct answer is Option D
Explanation:
Option D - elastic, and the demand curve will be horizontal.
The quantity would be changed infinitely with a samll change in the the price. It means that demand is perfectly elastic and the curve is horizontal as the small change up decreases the quantity to zero and small change down increases the quantity infinity. Thus, option D is the correct ams of this questionwer
History raise a person wage on average by about 8.50
<span>The shortest possible time an activity can be completed realistically is called crash time. In project management crash time is a method that is used to shorten the length of a project. To do this, the team will decided on a crucial part of the project they can complete in less time than normal. This speeds up the projects completion time and allows for more work to be completed. </span>
Is this a question or a statement?
I suggest you should get a career rather than a job. It sounds better and should help you focus on that something
