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Inessa05 [86]
3 years ago
10

Suppose an individual makes an initial investment of $2,000 in an account that earns 8.4%, compounded monthly, and makes additio

nal contributions of $100 at the end of each month for a period of 12 years. After these 12 years, this individual wants to make withdrawals at the end of each month for the next 5 years (so that the account balance will be reduced to $0).A) How much is in the account after the last deposit is made? B) How much was deposited? C) What is the amount of each withdrawal? D) What is the total amount withdrawn?
Business
1 answer:
Akimi4 [234]3 years ago
5 0
Please answer please please thank you so
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A symbol or mark may act as an individual's signature as per the Statute of Frauds and the UCC's requirement that a written cont
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Answer:

True

Explanation:

The Statute of Frauds requires some type of contracts to be put in writting. Some of theses agreements includes: any goods worth $500 or more, sale of land and contracts that can exceed a year.  Statute of frauds is gotten from an Act of the Parliament of England (29 Chas. 2 c. 3) passed in 1677 (authored by Lord Nottingham assisted by Sir Matthew Hale, Sir Francis North and Sir Leoline Jenkins.

One of the requirement of the written agreements under the Statute is that the signature of both parties involved in the agreement is needed.

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If a small electric automobile manufacturer is able to gain the social return generated by its electric motor, its demand for fi
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The social return helps in comparing the value of benefits and the costs to achieving the benefits. The social return is the ratio of net present value of the benefits in comparison to the net present value of the investment or the costs to getting the benefits.

In this case, if a small electric automobile manufacturer is able to gain the social return generated by its electric motor, it would decrease the demand for financial capital which simply means that the demand for financial capital will shift to the left. This shift to the left is as a result of the gain in its social return gotten by the electric motor.

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Country a has a temperate climate and can grow bananas in the spring. it produces 42,000 pounds of bananas per year per growing
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Country A would have absolute advantage because it produces the most pounds of bananas per year per growing acre.

<h3>What is Absolute advantage?</h3>

This is defined as the ability to produce more than available competitors in the market.

Country A produces more pounds of bananas per year per growing acre which is why it has an absolute advantage over country B.

Read more about Absolute advantage here brainly.com/question/1655791

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