Answer:
After 44year at interest rate of 6%
You will have $12,985.5 in your account
Explanation
Step one
Applying the compound interest formula we have A = P (1 + r/n)^nt
A = Final amount
r= nominal annual interest rate in percentage terms,
and n = number of compounding period
Where P = Principal
t= time in years
Given p=$1,000
n=44
r=6%
Step two
Inserting our given information
A=$1000 [(1 + 0.06/1)^44*1]
A=$1000 [(1.06)^44*1]
A=$1000*12.9854819127
A=$12,985.5
Answer:
net income $2,568
Explanation:
Net income = revenues - expense
We will list the revenues and the expenses accounts:
Fees Earned 7,304
Wages Expense 3,335
Rent Expense 844
Utilities Expense 330
Depreciation Expense 160
Miscellaneous Expense 67
Total expenses 4,736
Net Income 2,568
Answer:
Police uncertainty
Explanation:
In the case when the diamza government pased the law that the foreign company wants to do the business so here it only use the raw materials and only hire the citizens so it represent the uncertainty of the police that faced by the companies wanted to conducted the business
So the same should be considered and relevant
Answer:
Explanation:
The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.
Year 2016 2017
Price Quantity Price Quantity
Ice Cream $7.00 600 $3.00 400
Blue Jeans $70.00 20 $20.00 90
Laptops $300.00 5 $300.00 5
2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ = $7,100
2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_ = $4,500
2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______
= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.
2017 real GDP = will be same as nominal, hence no growth since this is the base year
Answer:
In a command economy an authority such as the government, governmental agency, or central planners decide what to produce, how to produce and to whom goods and services will be allocated.
