Answer:
Annually 50,606.75
Quarterly 51, 761.76
Daily 52,166.22
Continuously 52,170.77
Explanation:
We have to use the future value for different compounding:
<u>Annually:</u>
Principal 21,000.00
time 13.00
rate 0.07000
Amount 50,606.75
<u>Quarterly:</u>
time 52.00 (13 years x 4 quarter per year)
rate 0.01750 ( 7% over 4 quarters)
Amount 51,761.76
<u>Daily (365 days):</u>
time 4,745 (13 years x 365 days per year
rate 0.00019 (0.07 / 365)
Amount 52,166.22
<u>Continuously:</u>

Amount 52,170.7732
<u></u>
Answer:
Tax Increment Financing zones encourage economic development by
reserving taxes generated by a new tax base in the zone for infrastructure or other public services within the zone.
Explanation:
A Tax Increment Financing (TIF) zone is an economic development tool that reserves the property taxes within the zone for a period of time. Thereafter, the accumulated taxes are used to finance approved infrastructure and development improvement projects in the TIF zone through developer refunds. As an economic tool, a TIF zone encourages continued development of an area by attracting investors to the location.
Tobacco companies, Newspaper publisher, and Private utility companies,
E. Increases; unemployment rate will increase