It is called as regular checking
account. It is a checking account in which the monthly fee usually depends on
the number of transactions recorded and the maintained average balance. Checking
account is very liquid and can
be accessed using checks, automated teller machines and other methods
available.
Answer:
for rate 11.2 percent ,principal = 8419.47
for rate 5.6 percent , principal = 86123.90
Explanation:
given data
amount wish A = 1,000,000
time t = 45 year
rate r1 = 11.2 % = 0.112
rate r2 = 5.6 % = 0.056
to find out
how much do you have to invest today
solution
we know here amount formula that is
amount = Principal × 
..........................1
here r is rate and t is time so
for rate r1 principal amount is by equation 1 we get
amount = Principal ×
1,000,000 = Principal × 
principal = 8419.47
and for rate r2 principal is from equation 1
amount = Principal ×
1,000,000 = Principal × 
principal = 86123.90
Answer:
A. AD curve shifts rightward, increasing real GDP and raising the price level.
Explanation:
Federal funds rate can be defined as the interest rates bank charge other banks on loans of reserves and it is a monetary policy instrument.
If the Fed lowers the federal funds rate, eventually the Aggregate Demand (AD) curve shifts rightward, increasing real Gross Domestic Products (GDP) and raising the price level.
However, raising the federal funds rate, eventually causes the
Aggregate Demand (AD) curve to shift leftward and real Gross Domestic Products (GDP) decreases.
Answer:
Using scientific notation this could be the answer if you round 4.5 to 5.0
5.0x10²
