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3 years ago

14

If you were to invest $120 for two years, while earning 8% simple interest, what is the total amount of interest that you will e

arn?

1 answer:

Dafna1 [17]3 years ago

6 0

19.2
P=$120
I=8%
T=2yr

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The Production Possibilities Model (or Curve/Frontier –PPC/PPF) assumes a constant timeframe as well as constant ______________

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Explanation: The production possibility model is used by the economist to evaluate the relationship between scarcity and resources. The basic assumption while preparing a PPM is that the time frame and resources for production such as capital, land and labor are fixed.

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4 years ago

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Calculate the amount of depreciation to report during the year ended December 31, 2013, for equipment that was purchased at a co

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Answer:

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Formula:

1) Straight Line Method Depreciation = Cost - Salvage Value/ Useful Life

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