Answer:
Cindy has more amount than Jimmy.
Explanation:
Amount invested by Cindy P = $3000
Annual rate of interest = 8%
As the amount is compounded semiannually
So rate of interest 
%
Time = 20 year
So time period n = 20×2 = 40
So amount own by Cindy 
$
Amount deposit by jimmy P = $3000
Annual rate of interest = 7.75 %
As the amount is compounded monthly
So rate of interest 
%
Time period = 20×12 = 240
So amount own by Jimmy
$
From the calculation we can see that Cindy has more amount than Jimmy.
Answer:
C the economy remains in a contraction for two quarters.
Explanation:
A recession is a period characterized by a decline in the level of economic activities. A decrease in the GDP value indicates the slowing down of economic activities. Should be GDP value decline for two or more consecutive quarters, the economy is said to be in a recession. Slowing down or decline in economic activities is referred to as contraction.
During a recession, the level of unemployment rises, demand for goods and services reduces, and income levels also decline. Recessions usually last between six to eighteen months. A prolonged recession results in depression.
Answer:
According to Oregon's administrative rules for real estate brokers, Helen has three business days to deposit the $5,000 check she received as deposit for the purchase offer.
She can deposit the check in her client's trust account or in a neutral escrow depository.
She has to decide on which account she will deposit the check by Thursday (end of the third business day deadline).
Answer:
the opportunity cost of holding the checking account as money is 1%
Explanation:
The computation of the opportunity cost of holding the checking account as money is shown below:
= Interest rate on the government bond - interest rate on checking account
= 2% - 1%
= 1%
Hence, the opportunity cost of holding the checking account as money is 1%
We simply applied the given formula so that the correct percentage could come
