Answer:
FV= $1,181.62
Explanation:
Giving the following information:
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?
We need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1+0.035)^25
FV= $1,181.62
Answer:
The correct answer is letter "A": should be identified before decision criteria are established.
Explanation:
Decision criteria represent the set of steps individuals take while making a decision. Before taking a decision and selecting decision criteria, the decision alternatives must be outlined. Thanks to these alternatives a problematic situation will be resolved.
It is TRUE that Anna would be well-advised to consider her
personal needs and values in the analysis, not only the bank’s features when
she’s
choosing a bank and a checking account.
Opening
a checking account might seem like a simple task. You just walk into a bank
near your home or office, fill out an application, hand over a deposit and
you're all set, right?
Not
quite.
<span>While
it is often that easy to open an account, it's not always that easy
to choose a
checking account. That's because banks, credit unions and other financial
companies offer a wide range of checking accounts with different features and
fees. Unless your banking needs are unusually basic, you should do some
research and shop around for an account that's right for you.</span>
I am hoping that this answer has
satisfied your query and it will be able to help you in your endeavor, and if
you would like, feel free to ask another question.
Answer:
Increasing government spending in the form of infrastructure and welfare
Explanation:
In order to reduce the national debt, the government need to take a conscious measure to use the government budget as little as possible.
Investment in infrastructures (such as military bases,. building new roads or parks) and government programs (such as expensive healthcare or government funded jobs) tend to take a large amount from the government budget. This will most likely resulted in the increase of national debt.
