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djverab [1.8K]
3 years ago
6

Orion would like to go on a trip to Ireland in two years. He wants to have $3,000 for the trip, so he is planning to invest mone

y into an account with an 8% compounding interest rate. How much will Orion need to invest right now in order to attain his goal in two years?
Business
1 answer:
denis-greek [22]3 years ago
4 0

Answer:

The answer is: If Orion wants to have $3,000 in two years, he must invest $2,572.02 today

Explanation:

To determine how much money Orion has to invest today in order to have $3,000 in two years, considering he will get an 8% compound interest rate, we can use this formula:

P = FV / (1 + r)²    

Where:

  • FV = $3,000
  • r = 8%

P = $3,000 / (1 + 8%)²

P = $3,000 / 1.1664

P = $2,572.02

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n an​ economy, the​ working-age population is 400 million. Of this​ total, 320.0 million workers are employed. 12.0 million work
MatroZZZ [7]

Answer: 83%

Explanation:

The Labour Force Participation Rate is a measure that checks the activeness of a nation's workforce.

It is calculated by dividing the segment of the population that are either working or ACTIVELY seeking employment by the total number of working age people in the economy that are not in prison.

It is assumed that unemployed people are Actively seeking employment.

In the above scenario therefore, the active population are,

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How does inventory differ from other types of purchases and discuss what controls pertain specifically to inventory processes?
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Conducting different  semi annual inventory count to know the actual number of inventory in hand against the monitoring of the inventory

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The existing global system is marked by a diffusion of authority among various state and non-state actors, a change in the balance of regional and international powers, a relative waning of long-established Western nations and the emergence of new centers of power, growing significance of regional cooperation, and a return to the Cold War-era power structures.

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