Answer:
Since Interest Rate and Period is not given; we would assume the spring term begins in 4 months and
Explanation:
First we will require to use the compound interest formula.
It is not mentioned the compounding period in the question. However, many of the bank accounts today offer monthly compounding, and this will be used as the basis.
i=interest rate=7.62% p.a => 7.62/12=0.635% per month
FV=PV(1+i)^n
FV=future value = 2200
PV=present value, to be found
i=interest rate per compounding period (month)=0.00635
n=number of periods=4
2200=PV(1+0.00635)^4
PV=2200/(1.00635^4)
PV=$2144.99
In case interest is not compounded, we could apply the simple interest formula:
FV=PV(1+ni)
PV=2200/(1+4*0.00635)
PV=$2145.504
<h3>It doesn't matter, things changes and people changes but atleast if it changes it should change for the BETTER.</h3>
Good luck ✅.
If the nicotine cigarettes are highly addictive and they were to offer the free samples to young adults then it will make the people be highly addictive in the nicotine cigarettes and this will cause the economy in the producers to have a less demand in elasticity. If it has a less elasticity, then it will cause a large price change, affecting the consumed quantity by the consumers.
'There are two common measures of economic growth: increases in real GDP over some period of time and increases in real GDP per capita over some time period.
This statement is True.
Gross domestic product is a monetary measure of the market value of all final goods and services produced and sold by a country in a given period of time. Due to its complex and subjective nature, this indicator is often revised before being considered a reliable one.
GDP = private consumption + private gross investment + government investment + government expenditure + (exports – imports). GDP is usually calculated by a country's national statistical agency according to international standards.
GDP measures the monetary value of the final goods and services produced in a country (that is, purchased by final consumers) over a specified period of time (such as a quarter or a year). Counts all electricity generated within a country's borders.
Learn more about GDP brainly.com/question/1383956
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