Answer:
The United States has consistently run a trade deficit for the past forty years and the trade deficit fall is explained below in details.
Explanation:
The United States commerce deficit fell for the initial time in six ages in 2019 as President Donald Trump pounded China with import expenses. The Commerce Department said Monday that the hole among what the United States trades and what it purchases abroad dropped 1.8% last year to $626.9 billion.
Answer:
The ordinal measurement
Explanation:
In this question, we are concerned with knowing the level of measurement used by this scale
The correct answer to this is the ordinal measurement.
What the ordinal scale does is that it places events in order but it does not take into account the fact that the intervals of the scale need to be equal using some sets of rule.
It only places the intervals into groups of subdivisions without having a rule that uses an interval to place members of each subdivision into their class
Answer:
$974.969721935.
Explanation:
So, the assumed discount rate is six(6) percent(%). That is r = 0.06, hence, the amount I will be needing in the next 18 years for my child = $31,940. So, let us Calculate my yearly savings starting today by using the mathematical formula or representation below;
Amount needed in 18 years = (amounts to be saved starting from today, x)/ r × [ ( 1 + r )^n - 1] × ( 1 + r).
$31,940 = x/ 0.06 × (1 + 0.06)^18 - 1 × ( 1 + 0.06).
Solving for x, we find that;
The amounts to be saved starting from today, x = $31,940/ 32.7599917017.
=> The amounts to be saved starting from today, x =$974.969721935.