Answer:
$354,500
Explanation:
First find the amount invested ie the Present Value as follows :
n = 25 × 2 = 50
i = 5%
P/yr = 2
Pmt = $0
Fv = $500,000
Pv = ?
Using a Financial Calculator to enter the amounts as above, the Present Value is $145,471
Total Interest = Future Value - Present Value
= $500,000 - $145,471
= $354,529
Thus interest is $354,500 (nearest hundred dollars).
Answer:
there is not enough room here, so I prepared an excel spreadsheet
Answer:
Amortizing loan.
Explanation:
Amortizing loan is the type where the principal and interest are paid in equal amounts till the loan is fully paid.
Usually payments are represented in an amortizing schedule. The payments are made up of part of the principal and the other part the interest paid together.
Jeff's loan of $275 monthly payments for 5 years is a form of amortizing loan.
Answer:
sum of government spending
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
The expenditure approach to calculating GDP = Consumption spending + Investment spending + Government Spending + Net Export.
Government spending includes all monies spent by government.
Investment spending is the country's businesses spending on capital.
Consumption spending is the sum of all consumer spending
Net export is export less import.
I hope my answer helps you
Based on the description above, LBK uses the type of
organizational controlled called the hierarchal control. This is considered to
be a control system in which there is an arrangement of hierarchical tree in
regards with the devices or software that is offered in the organization.