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slega [8]
2 years ago
12

You just invested $1000 in an account that returns 5% per year. After 50 years, when you are old and gray, what will be the valu

e of your investment?
Business
2 answers:
dolphi86 [110]2 years ago
5 0

Answer:

You just invested $1000 in an account that returns 5% per year. After 50 years, when you are old and gray, what will be the value of your investment?

$3500

Explanation:

investment= $1000

5% of 1000= $50 per year

After 50 years, it would be 50 X 5= $2500

The total value of investment after 50 years would now be capital + profit

$2500 + $1000= $3500

nikitadnepr [17]2 years ago
3 0
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The ________ states that the opportunity cost of producing a good always rises as one produces more of it. group of answer choic
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The <u>law of increasing relative cost </u>states that the opportunity cost of producing a good always rises as one produces more of it.

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According to the law of increasing opportunity cost, the cost of manufacturing the next unit rises as you keep up with the production of a given good.

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6 0
1 year ago
Which of the following is NOT a fall protection method? A. Guardrails B. Personal fall arrest systems C. Safety belts D. Safety
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A farmer sells $50,000 worth of apples to individuals who take them home to eat, $75,000 worth to a company that uses them all t
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