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Harrizon [31]
3 years ago
14

Select the answers that correctly complete the given statements.

Business
1 answer:
Alina [70]3 years ago
6 0

Answer:

leftward shift of

leftward shift of

movement along

rightward shift of

Explanation:

The right answers to complete the given statements are that;

A decrease in real GDP causes leftward shift of the money demand curve.

An increase in technology which makes it easier to pay for goods and services without carrying lots of causes a leftward shift of the money demand curve

A decrease in interest rates causes a movement along the money demand curve.

An increase in the aggregate price level causes a rightward shift of the money demand curve.

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Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million. How much m
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Answer:

Annual deposit= $188,842.66

Explanation:

Giving the following information:

Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million.

n= 15 years

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We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (6,000,000*0.10)/[(1.10^15)-1]

A= $188,842.66

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