Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
In the first case,
Future value = $2,050 × (1 + 0.12)^12
= $2,050 × 3.895975993
= $7,986.75
In the second case,
Future value = $8,352 × (1 + 0.10)^6
= $8,352 × 1.771561
= $14,796.08
In the third case,
Future value = $72,355× (1 + 0.11)^13
= $72,355 × 3.883280163
= $280,974.74
In the fourth case,
Future value = $179,796 × (1 + 0.07)^7
= $179,796 × 1.605781476
= $288,713.09
Answer:
$ 6,600
Explanation:
Monty should 
e up to 
in the gross account but to an extent of the tax benefit in the previous year. Since the debt is a non-business debt, the amount of 
would be reported as the short term business capital loss.
In the previous year, Monty had a capital gain of 
and 
as taxable income.
Therefore, $ 3,600 + $ 3,000 = $ 6,600
So $ 6,600 out of $ 9,000 loss produced the tax benefit. Therefore, only 
can be included in the gross income of Monty for this year.
Answer:
the picture attached is the main question while the solution is given in the explanation box below
Explanation:
a)
2017 = Loss = 25000 * 8 * [0.42-0.50] = 16000
2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000
b)
2017 = gain = 25000 * 8 * [0.48-0.42] = 12000
c)
2017 = Loss = 25000 * 8 * [0.48 - 0.50] = 4000
2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000
access to large amounts of natural resources is not generally viewed by economists as critical to economic growth
What factors affect economic growth?
Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology.
What is economic growth ?
Economic growth is defined as: an increase in an economy's production capacity or potential GDP. The rate of economic growth is the key determinant of. changes in a society's standard of living—which is commonly measured using real GDP per capita.
What is economic growth determined by?
Broadly speaking, there are two main sources of economic growth: growth in the size of the workforce and growth in the productivity (output per hour worked) of that workforce. Either can increase the overall size of the economy but only strong productivity growth can increase per capita GDP and income
Learn more about economic growth :
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