Answer:
A = P * (1 + r/n)^nt. Where A = Maturity amount = ? P = Principal amount = $8,000, r = Rate of interest = 6%, n = Number of compounding per year = 1, t = Number of year
a. t = 2
A = $8,000 * (1 + 0.06/1)^1*2
A = $8,000 * (1.06)^2
A = $8,000 * 1.1236
A = $8,988.80
b. t = 6
A = $8,000 * (1 + 0.06/1)^1*6
A = $8,000 * (1.06)^6
A = $8,000 * 1.418519
A = 11348.152
A = $11,348.15
c. t = 10
A = $8,000 * (1 + 0.06/1)^1*10
A = $8,000 * (1.06)^10
A = $8,000 * 1.7908477
A = 14326.7816
A = $14,326.78
d. t = 15
A = $8,000 * (1 + 0.06/1)^1*15
A = $8,000 * (1.06)^15
A = $8,000 * 2.3965581931
A = 19172.4655448
A = $19,172.47
Only one recording of a given sound could be made; copies were not possible.
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The important areas that appear on a CVP graph includes break-even point, loss area, and profit area
<h3>What is
CVP graph?</h3>
A Cost volume profit (CVP) graph is a graph that shows the relationship between the cost of production and the overall sales.
In conclusion, the important areas that appear on a cvp graph includes break-even point, loss area and profit area.
Read more about cvp graph
<em>brainly.com/question/26574343</em>
Answer:
$3,325
Explanation:
Reserves are maintained to fulfil the customers withdrawal requirement. It is imposed by the State bank over the Banks to hold a specific percent of cash as reserves. Bank hold the reserves and invest or utilize the residual in the market.
In this question 5% of $3,500 will be reserved and the remaining $3,325 will be available for the money supply in the market in different forms.
the maximum possible increase in the money supply as a result of your bank deposit is $3,325.
