Answer:
$596.29 less
Explanation:
A = P(1+r)^n
P = $10,000
n = 5 years
If she invested at 5%, r = 5% = 0.05
A = 10,000(1+0.05)^5 = 10,000 × 1.05^5 = $12762.82
If she invested at 4%, r = 4% = 0.05
A = 10,000(1+0.04)^5 = 10,000 × 1.04^5 = $12166.53
Amount of money she would have less if she invested at 4% instead of 5% = $12762.82 - $12166.53 = $596.29
Answer:
As a consumer I can influence the economy in different ways. When buying certain product or service, I am signaling that I like that certain product so producer will produce more of that product. In addition, it can help producers to make same but better product, when they see that consumers on the market like it. It also sends the signal to other producers that their product is not as good as competitors. Reason for that can be quality or price, so they will try to change something to stay competitive on the market. In addition to this, the consumer can join private organizations, interest groups, and lobby, influence public officials to vote according to the wishes of that group. In other words, with interest groups, consumers can push their agenda.
Answer:
the increase in additional paid in capital is $13,000
Explanation:
The computation of the increase in additional paid in capital is shown below:
= (Average price per share - par value of shares) × number of shares
= ($21 - $8) × 1,000
= $13 × 1,000
= $13,000
hence, the increase in additional paid in capital is $13,000
