Answer:
Future Value is $35776.902
Explanation:
Given data
saving = $2000
rate = 7 % = 0.07
time = 12 year
to find out
Future Value?
solution
we will apply here future value formula that is
Future Value = saving × (1 + rate)^time - 1 / rate
put all value here and we get
Future Value =2000 × (1 + 0.07)^12 - 1 / 0.07
Future Value = 2000 × 17.888451
Future Value is $35776.902
I think its D). Philanthropy means the love of mankind. In this case an allowance means you generously giving money to your child because you care about them and their happiness. a paycheck means you care for your employees, and gifts come from the heart.
Answer: This implies that the cross elasticity of demand between orange juice and apple juice is <u>0.5.</u>
Explanation:
The cross elasticity of demand is evaluated as:
Price of orange juice increased by 20 percent, which resulted in a 10 percent increase in the quantity of apple juice consumed.
The cross elasticity of demand 
The cross elasticity of demand = 0.5
Hence, This implies that the cross elasticity of demand between orange juice and apple juice is <u>0.5.</u>
Answer:
4852.80
Explanation:
1800×10.6%= 190.80 / year
190.80 × 16 years = 3052.80
3052.80 + 1800=
4852.80
The bal() function that is going to balance the loan after a period of 9 years would be A. bal(108)
<h3>How to solve for the bal() function</h3>
The question tells us that the loan balance would be calculated after the period of 9 years.
We have 12 months yearly in all of these 9 years.
Hence the function would be bal(12*9)
= bal(108)
Read more on functions here:
brainly.com/question/25638609
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