SINCERITY , SIMPLICITY , DISCIPLINE , CONFIDENCE , GOAL TOWARDS YOUR MISSION AND MANY MORE.
YOU CAN SELECT FROM THEM AND WRITE.
Answer:
28.3%
Explanation:
The formula to calculate the final amount for compound interest is:
where
A is the final amount
P is the principal
r is the rate of return
n is the number of times the interest is compound in a time t
t is the time
Here we have:
P = $12,000 is the principal
A = $87,881 is the final amount
t = 8 y is the time (8 years)
n = 1 , since interest is compounded every year
Therefore, solving for r, we find the rate of return:
![\frac{A}{P}=(1+r)^t\\r=\sqrt[t]{\frac{A}{P}}-1=\sqrt[8]{\frac{87,881}{12,000}}-1=0.283=28.3\%](https://tex.z-dn.net/?f=%5Cfrac%7BA%7D%7BP%7D%3D%281%2Br%29%5Et%5C%5Cr%3D%5Csqrt%5Bt%5D%7B%5Cfrac%7BA%7D%7BP%7D%7D-1%3D%5Csqrt%5B8%5D%7B%5Cfrac%7B87%2C881%7D%7B12%2C000%7D%7D-1%3D0.283%3D28.3%5C%25)
Answer:The classical economist would advocate for free trade, that there should be no artificial influence on the market and that the recession period will be automatically corrected by the forces of demand and supply.
The Keynessian economist will advocate that there should be a direct influence on the market like influence greater demand in the period of recession and reducing the Consumers propensity to consume in a period of expansion.
Answer: Radical
Explanation:
Radical writers argue that the multinational enterprise (MNE) is an instrument of imperialist domination. They see the MNE as a tool for exploiting host countries to the exclusive benefit of their capitalist-imperialist home countries. They argue that MNEs extract profits from the host country and take them to their home country, giving nothing of value to the host country in exchange.
