The formula for annual compound interest is:
A = P (1 + r/n)ⁿˣ
Where:
A = Future value
P = The principal investment amount
r = The annual interest rate
n = The number of times that interest is compounded per year
x = The number of years
A = $6,000
P = $3,000
r = ?
n = 1 times
x = 6 years.
6000 = 3000 × (1 + r)⁶
6000/3000 = (1 + r)⁶
2 = (1 + r)⁶
Taking 6th root on both sides.
1.12 = 1 + r
r = 1.12 - 1
r = 0.12
r = 12%
Number 2 Jews and Muslims
<span>Investing in foreign-made films and importing them to the U.S.</span>
False economics is the social science that seeks to describe the factors which determine the production, distribution and consumption of goods and services.
At the First Continental Congress, the delegates discussed boycotting British goods all together, but decided to send the Crown a list of their grievances in the hopes of getting the Intolerable Acts lifted.
