An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
Answer:
1375
Explanation:
Its really simple if you think about it your just multiplying
25x55 and if you meant add 25 to 10 then do
35x55
Answer: Opening a regular savings account.
Explanation: This is because she will save more.
The term that is referred by the description above is RESERVES. The reserve is the amount that is being kept for future periods. This amount is separated to the current period's income, but is part of the next period if this is applicable. The answer is D.
Answer:
$800,579.28
Explanation:
The sum of the monthly payments can be found by the "annuity due" formula:
A = P(1 +n/r)((1 +r/n)^(nt)-1)
where P is the monthly deposit, r is the annual interest rate, n is the number of times per year it is compounded, and t is the number of years.
For this problem, we have ...
A = $400(1 +12/.06)(1(1 +.06/12)^(12·40)-1) = $400(201)(1 -1.005^480 -1)
A = $800,579.28
The account balance after 40 years will be $800,579.28.
