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love history [14]
3 years ago
7

david invest $10,000 in a CD that pays 8% compounded quarterly. how long will it take his investment to double

Advanced Placement (AP)
1 answer:
Reptile [31]3 years ago
8 0
The annual interest rate is restated to be the quarterly rate of i = 2% (8% per year divided by 4 three-month periods). The present value of $10,000 will grow to a future value of $10,824 (rounded) at the end of one year when the 8% annual interest rate is compounded quarterly.
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Assume that the United States and India enjoy constant opportunity costs in the production possibilities shown in the table.
Soloha48 [4]

The nation that has the absolute advantage in peanuts is India.

<h3>How to solve for the absolute advantage of these countries</h3>

a. The country that has the absolute advantage in the pounds of peanuts is India. They are able to produce 10 million worth of the product.

b. This is in the attachment

c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.

The US on the other hand has to specialize in pecans because they have  the comparative advantage in it.

d) The PPC for each country is a diagram

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India is also going to do likewise.

Read more on production possibility curve here:

brainly.com/question/2601596

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Answer:

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