Answer:
It will take 4.2 years
Explanation:
The amount due in the future when a sum of money is invested at a particular interest rate for certain number of years is called Future or compound value.
To calculate the compound value, we use the formula below:
FV = PV * (1+r)^n
FV- future value, PV - Present value, r - interest rate, n - number of years
In this question,
FV - 15,000, PV- 5000, r -3%, n- ?
Substituting this value we have:
15,000 = 5000 × (1+0.03)^n
15000 = 5000 × 1.03^n
1.03^n = 15,000/5000
1.03^n = 3
log 1.03^n = Log 3
n = Log 3/log 1.03
n = 4.18735
It will take about 4.2 years for the account to reach $15,000
a. Nominal interest rates Increase and Aggregate demand Decrease
b. New Fed policy Buy bonds
Explanation:
When contemplating unemployment, the nominal interest rate applies to the rate of interest. Net may, without taking into consideration any commissions or compounded interest, be related to the advertised or reported interest rate of a loan.
The aggregate demand (AD) for finished commodities and facilities in the market at a certain time is aggregated. Strong demand is often named, but this term is often used in many ways. This is the market for a country's gross national product.
When the Fed sells debt in the international market, the world economy money supply is expanded by exchanging debt for cash from the general public. Instead, when the Fed sell bonds, the supply of money is reduced by cash being pulled out of the market in return for bonds. The Fed also sells bonds.
These memories about cultural heroes and events are one of the chief characteristics of an age <u>cohort</u>.
<h3>What does a cohort mean?</h3>
A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.
<h3 /><h3>What characteristics do cohort study have?</h3>
The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.
To know more about the cohort study, visit:
brainly.com/question/29654815
#SPJ4
She may be entitled to protection under the <u>Business Judgement Rule</u>, which is a doctrine that courts generally defer to the business decisions of company executives when the decisions were in good faith.
The worlds most largest national economy in nominal terms. Is the second largest in purchasing power parity (ppp).
representing 22 percent of nominal global gpd and 17 percent of gross world product (gwd)
