Answer:
FV= $22,333.56
Explanation:
Giving the following information:
Semi-annual investment= $750
Interest rate= 0.08/2= 0.04
Number of periods= 10*2= 20
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= semi-annual deposit
FV= {750*[(1.04^20) - 1]} / 0.04
FV= $22,333.56
Answer:
banks are chartered by the federal government and by state governments
Explanation:
Banks in the US are heavily regulated, specially by federal government entities, but also state regulatory entities.
Federal agencies that regulate banks are: the Federal Reserve System (FED), the Federal Deposit Insurance Corporation (FDIC), Securities and exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC), and the Federal Financial Institutions Examination Council (FFIEC). Credit unions are regulated by the National Credit Union Administration (NCUA).
Banks are also regulated by state agencies (I guess every state has its own regulatory agency) like the California Department of Financial Institutions or the Nevada Division of Financial Institutions.
Answer:
C. Song or rhyme
Explanation:
The memory aid is the testing technique in which the students are able to recall the things by practising them many times
Here in the given situation it is mentioned that I before E exclude C etc is an example of a mnemonic
So this represents the song or rhyme memory aid so that the mnemonic could be used as the following sequence is necessary in this
hence, the correct option is C.
Answer:
Improved decision making.
Explanation:
The question has itself the answer, the sixth one is supposed to be the blank of the question