Answer: $10,746
Explanation:
Using Compound interest formula
A= p(1+r/n) *nt
A= final amount =?
P= initial principal =$8, 000
r = interest rate = 0.1
n= nob of times interest applied(3)
t=nob of times period elapsed (3)
A = 8,000 (1+0.1/3) *9
A = 8000 (3+0.1/3) *9
A= 8000 (3.1/3) *9
A = 8000 (1.0333) *9
A = 8000 × 1.34327
A= $10,746
Answer:
A. They may be oral or written
Explanation:
Option B is correct because it may be altered or withdrawn after the policy issuance. Therefore, it is not the answer.
Option C is also correct because the representations statements are true.
Option D is also appropriate with the representation must be made before the issuance of the policy or at the time of issuance. Therefore, it is not the answer.
Option A is false because it must not need to be written. Therefore, it is the correct answer.
Answer and Explanation:
The computation is shown below:
a. The final amount she will have on deposit is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.05)^15 - 1} ÷ 0.05
= $11,000 × 21.57856359
= $237,364.20
b. The amount at 4% is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.04)^15 - 1} ÷ 0.04
= $11,000 × 20.02358764
= $220,259.46
c. The losing amount in case when she used her brother-in-law's bank is
= $237,364.20 - $220,259.46
= $17,104.74
We simply applied the above formula
Answer:
rate = 5.24 %
so correct option is d. 5.24%
Explanation:
given data
purchased bond initial amount = $3,000
Maturity amount = $5,000
time period = 10 years
to find out
interest rate earn on this bond
solution
we know here initial amount and final amount with time period so
we will apply here Maturity amount formula that is
Maturity amount = initial amount × 
.................1
put here value we get
Maturity amount = initial amount ×
5000 = 3000 × 
1.6667 - 1 = 
solve it we get
rate = 5.24 %
so correct option is d. 5.24%
In the economic world, the aggregate planners are always attempting to balance the capacity and demand.
<h3>Who are the
aggregate planners?</h3>
These are economic planners who are involved in the process of planning the overall capacity so that they can respond to predicted demand in a cost-effective manner.
Hence, these aggregate planners are always attempting to balance the capacity and demand.
Therefore, the Option A is correct.
Read more about aggregate planners
<em>brainly.com/question/27095236</em>
