Answer:
Out of all the choices given A. seems to fit best.
The initial value is 500 so the beginning should be A(n) = 500
The rate of increase is 4% so you would put that into decimal form of 0.04
Then you plug in 0.04 into (n - 1) and since we know that it is increasing you would put (1 + 0.04)
And the question asked to find the account's balance at the beginning of year 5 so plug 5 into n in the equation
A(n) = 500(1 + 1.04)^5 = 608.33
Hope this helps!
Answer:
Step-by-step explanation:
Given the supply of land is perfectly inelastic, the drop in prices must have resulted from decreased demand for land. The demand for land would fall if there were less of a return on the land (i.e., rent), so we can safely assume that land rent fell in Japan between 1990 and 2001. The shifts from D3 to D2 to D1 demonstrate graphically what happened in Japan.
Answer:
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Answer:
what question is this
please explain more
Step-by-step explanation:
The correct answer would be C.