Answer:
Total amount after 45 years will be equal to $12+0147.1
Explanation:
We have given initial amount, that is principal value P = $60000
Expected rate of return r = 7 %
Time period n = 45 years
We have to find the amount after 45 years , that is future value
Future value is given by
, here A is future value P is present value r is rate of interest and n is time period
So
$
So total amount after 45 years will be equal to $12+0147.1
Answer:
True
Explanation:
if you are a small business, people going to see other businesses will visit your too
Answer:
D.
discouraging the use of products like alcohol and tobacco
Explanation:
Excise taxes can be regarded as taxes that are been paid after purchasing a particular goods such as gasoline, it is also extended on activities like usage of high ways.. It should be noted that besides raising revenue, discouraging the use of products like alcohol and tobacco is another important use of excise taxes.