Answer and Explanation:
The computation is shown below:
a. The final amount she will have on deposit is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.05)^15 - 1} ÷ 0.05
= $11,000 × 21.57856359
= $237,364.20
b. The amount at 4% is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.04)^15 - 1} ÷ 0.04
= $11,000 × 20.02358764
= $220,259.46
c. The losing amount in case when she used her brother-in-law's bank is
= $237,364.20 - $220,259.46
= $17,104.74
We simply applied the above formula
Answer:
The correct answer are: A. quality of its education system. B. saving rate. and E. role of the government.
Explanation:
The stock of capital is a fundamental variable in economic analysis, especially for economic growth studies. The level of capital stock, together with measurements of labor (labor), constitute the factors that allow analyzing the production function of an economy; as well as determine the long-term growth patterns of it.
Answer:
The answer is;
Deviation is the difference between the observed value of a quantity and the true value, residual is the difference between the observed value of a quantity and the mean of the observed values
Explanation:
The error of an observed value is the deviation of the observed value from the true value of a quantity of interest (for example, a population mean).
The residual of an observed value is the difference between the observed value and the estimated value of the quantity of interest (for example, a sample mean)
Answer:
Key Takeaways. Manufacturers and stores benefit from the coupons they offer to consumers. ... Offering coupons is a way to market products and engage consumers. Coupons can entice customers to build loyalty with a specific company or product.
<span>The answer would be false. Alcohol and Drug abuse certainly physically affects only the user, but when it comes to mental, emotional, and financial aspects alcohol and drug abusers affect the people around them, their families, and in extension, society also. That is why alcohol and drug abuse is considered a public health issue as it affects many people apart from the user himself/herself. </span>
