Answer:
A - y = 1200(1+.05)^30
Step-by-step explanation:
In this case, you need to calculate the future value and the formula to calculate that is:
FV=PV*(1+r)^n
FV=future value
PV=present value
r=rate
n=number of periods of time
The present value would be the price of the ring which is $1200. The rate is 5% per year and the number of periods of time is 30 years since you need to find the ring's worth in 30 years. Now, you can replace the values on the formula:
FV=1200*(1+0.05)^30
According to this, the answer is that the equation to calculate how much will it be worth in 30 years is: y = 1200(1+.05)^30.
Answer:
Step-by-step explanation:
Okay so you're going to add the number in the hundredths place 1+0= 1
so the first part is 1.
Next ad 50+75= 1.127
Answer:
D. decreases the demand for money.
Step-by-step explanation:
Money demand and interest rate has an inverse relationship.
An increase in the interest rate decreases the demand for money. An increase in the price of bonds results in a lower interest rate.
When the interest rate increases, an individual's opportunity cost for holding his money increases. In this condition, the person chooses to hold more bonds, thereby demanding less money.
Answer:
If the graph goes like "2, 4 , 6 and -2, -4, -6" then the answers are 2, -2
Step-by-step explanation:
Just find all the points that fall on the x line (ex: (2,0))