Answer:
$509
Explanation:
First, we find the lump sum to pay under the bank terms. The interest rate is 0.5% monthly, which is equivalent to 6.2% annually.
The formula is:
Where:
- P = Present value
- i = interest rate
- n = number of compounding periods of the interest rate
- X = lump sum we need to find
Now, we simply plug the amounts into the formula:
Next, we find the value of the lump sum under the company's preferred terms:
Finally, we susbtract the two figures to find the difference:
Children represent 24 percent of the population, but they comprise 34 percent<span> of all people in poverty.1 Among all children under 18 years of age, </span>45 percent<span> live in low-income families and approximately one in every five (</span>22 percent) live in poor families.
Answer:The Antarctic Treaty
Explanation:
Answer:
Economic growth is driven oftentimes by consumer spending and business investment.
Tax cuts and rebates are used to return money to consumers and boost spending.
Deregulation relaxes the rules imposed on businesses and have been credited with creating growth but can lead to excessive risk-taking.
Infrastructure spending is designed to create construction jobs and increase productivity by enabling businesses to operate more efficiently.
Answer:
Monsoon winds blow from cold to warm regions because cold air takes up more space than warm air. So, monsoons blows toward land in the summer.
Explanation:
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