Answer:
Final Value= $187,251.22
Explanation:
Giving the following information:
Your grandmother has been putting $5,000 into a savings account on every birthday since your first (that is, when you turned 1). The account pays an interest rate of 8%.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,000[(1.08^18)-1]}/0.08= $187,251.22
Answer: To achieve their objectives, they must first create a budget that indicates whether it is viable to move their business to other cities. In addition, it would be good if they get financing for the growing business and that this does not imply the company that they keep operating, has to contribute their own funds
Why? what could happen is the opposite effect and that they are doing badly in the company that currently has for this reason the planning is the priority in a possible expansion.
Answer:
political interference in decision making, costly and inefficient use of public resources
The answer is ineffective. Though it could cause advantages to people, it also gives disadvantages into making it ineffective as this tools could confuse learners and overwhelm them if they are set on real life or base in situations where these tools couldn't help them.
Answer:
a) Longer than fiscal policy
Explanation:
A simple explanation for this is the fact that fiscal policies directly affects the spending of individuals or governments. As such, a cut in taxes for example will immediately make people better off with more disposable income that they can spend immediately.
Monetary policy usually is a long term effect as for example a change in interest rates may not affect people immediately as they may have already borrowed at a previous rate and would need to refinance to take advantage of this new rate which may take time. Furthermore, people generally tend to wait and see for future options before making decisions on money matters.
So, comparatively monetary policy may take a little longer.
Hope that helps.