Answer:
Annual Interest will be $1,103.21
Explanation:
Reinvesting on 1% per working will enable a fund manager to compound the earning to 250 trading days per year.
Use following formula to calculate the the amount investment after compounding 250 days.
F = P ( 1 + r/n )^n
n is the number of period in a year. and r/n is the interest per day which 1%.
F = 100 ( 1 + 0.01 )^250
F = $1,203.22
Return = $1,203.22 - $100 = $1,103.21
Another way:
Effective Annual rate = ( 1 + 0.01)^250 - 1
Effective Annual rate = ( 1.01)^250 - 1
Effective Annual rate = 11.0321 = 1,103.21%
F = 100 x 1103.21% = $1103.21
Answer:
Because not many members of a household may bring in enough money to sustain them all.
Explanation:
The term for the money supply includes cash, checking accounts, Certificates of Deposit, money markets, and extensive deposits such as institutional money market funds are M-3.
<h3>What is
money supply? </h3>
The amount of money in circulation at any given time is referred to as the money supply. There are many ways to define "money," but common measurements often include circulation-level money and demand deposits.
The money supply is crucial because inflation will occur if it increases more quickly than the economy's capacity to create goods and services. Additionally, if the money supply does not expand quickly enough, production may decline, rising unemployment.
In addition to significant time deposits, institutional money market funds, short-term repurchase agreements, and more substantial liquid funds, M3 is a subset of the money supply that includes M2 money. M3 is strongly linked to more established financial organizations and corporations than it does to startups and ordinary people.
To know more about money supply refer to: brainly.com/question/28044587
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Answer:
B. Both the equilibrium price and quantity would increase.
Answer:
C. 11.54% decrease
Explanation:
Productivity is a parameter that measures number of outputs per unit of input. Assume that rhe original productivity was 100%, the new productivity after the changes in input and output is:
The change in productivity is:
There is an 11.54% decrease.