Nazerhy deposits $8,000 in a certificate of deposit. the annual interest rate is 6%, and the interest will be compounded quarterly. The certificate worth 10 years is $14,555.17.
<h3>What do you mean by deposit?</h3>
- A deposit is the act of giving money (or money equivalents) to an organization, most frequently a bank or other financial institution.
- The deposit is a credit for the party that made it (individually or as a group), and it can be refunded (withdrawn) in line with the conditions set forth at the time of deposit, transferred to another party, or applied to a future purchase.
- The primary source of funding for banks typically deposits.
<h3>What is the interest rate?</h3>
- The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum).
- The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
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Answer:
d. $15,000 is allocated to A; $10,000 is allocated to B
Explanation:
Activity C will not carry and suspended losses as it was profitable, the net of 25,000 will be distributed among the lossing activites:
60,000+ 40,000 = 100,000 loss
activity A weight 60%
activity B weight 40%
net loss: 25,000
activity A 25,000 x 60% = 15,000
activity B 25,000 x 40% = 10,000
Answer:
Option D: Burr's belief that Hamilton had slandered him.
Explanation:
The duel stemmed from a history of animosity between both men over the years. The existing personal animosity and personal bitterness between both individuals came to a head in the run-up to the governorship election in New-York in 1804.
The Albany Registrar published a letter sent from Charles Cooper to senator Philip Schuyler which referenced a statement made by General Hamilton describing Colonel Burr as being a dangerous and despicable human being incapable of running a government.
The ensuing duel was as a result of this defamation.
The quantity of bran consumed will rise by exactly 5,000 bushels
.
<u>Explanation:
</u>
A small cost increase in ideally Elastic demand leads to a reduction in demand to zero, while a small price decline allows demand to grow to infinity. The demand is in this case completely elastic.
Elastic demand is the same when the energy storage is higher and the price increases proportionately less. Inelastic production is the other where demand changes are comparatively less and the price changes are more pronounced.
The sum of demand elasticity helps define a request curve's shape and pitch. The slope of the demand curve may, therefore, evaluate the elasticity of demand.
Answer:
The correct answer is option d.
Explanation:
Monopolistic competition is the market where there is a large number of firms producing differentiated products. The firms are price makers and face a downward sloping curve. There is very low or no barriers to entry and exit.
A perfect competition has a large number of firms producing identical products. These firms are price takers and face a horizontal line demand curve. There are very low or no barriers to entry and exit.
The firms in both market forms are trying to maximize profits. The market demand curve is also downward sloping in both. But the monopolistic competition produces differentiated products and firms are price makers.
