1,2,3,6
this is what i would choose of course
not sure how to explain it though
The rule<span> says that to find the number of years required to double your money at a given interest rate, </span>you<span> just divide the interest rate into </span>72<span>. For example, if </span>you<span> want to know how long it will take to double your money at eight percent interest, divide 8 into </span>72<span> and get 9 years.</span>
Answer:
102 million
Explanation:
Labor force is define as the sum of employed and unemployed in an economy.
Labor force = Employed+ Unemployed
Labor force = 95 million + 7 million
Labor force = 102 million
Answer:
$15,761.90
Explanation:
Given that
Amount paid at the end of each year = $1,000
Time period = 50 years
Interest rate = 6% per year
So, the present value of the annuity would be
= Amount paid at the end × PVIFA factor for 50 years at 6% interest rate
= $1,000 × 15.7619
= $15,761.90
Refer to the PVIFA table.
Basically we multiplied the amount with the PVIFA factor.
