Answer: $1,591.80
Explanation:
This is an annuity as the deposits are constant.
The Future value of an annuity is;
= Annuity * Future value interest factor of annuity, 6% , 3 years
= 500 * 3.1836
= $1,591.80
Answer: different viewpoint
Explanation: In simple words, it refers to a situation in which different different parties have different ideas and beliefs towards a specific subject matter.
In the given case, the authorities implementing the school system and the teachers teaching in it have different views regarding the new system.
Hence we can conclude that the above case depicts different viewpoint situation.
Answer:
B. A compound interest account
Explanation:
The option that would most help Patrick to meet these increases is the compound interest account
Compound interest accounts are those that calculates interest on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit. Hence compound interest can be thought of as “interest on interest,” and will make a sum grow at a faster rate than simple interest, which is calculated only on the principal amount.
Answer:
Modified rebuy
Explanation:
A modified rebuy is a buying situation where the buyer wants to modify the product or service specifications, selling terms or vendors. This happens when the product or service that was generally purchased before, or the vendor, didn't fulfill the needs of the company.
Answer:C
Explanation: Provide a link to show how brighten a room is