In 6 years you will have $7,400.
5000×0.08=400
5000+400(6)=7400
All of these are included in financial literacy
Answer:
The correct answer is letter "A": Please consult the Frequently Asked Questions web page before submitting new content to the webmaster.
Explanation:
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Is the segment that best reflects the guidelines previously stated.
Answer:
The person has a negative income elasticity for Ramen noodles.
Explanation:
A person and his/her roommate both eat three packages of Ramen noodles each week.
After graduation, both of them were hired at several times their college income.
The roommate still enjoys Ramen noodles very much and buys even more, but the person plans to buy fewer Ramen noodles in favor of foods you prefer more.
This implies that the person's income elasticity for ramen is negative. As the income of the person increases his/her demand for ramen decrease. Ramen is inferior good for the person while it is a normal good for his/her roommate as their demand for ramen increased with an increase in income.
