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Tcecarenko [31]
2 years ago
9

The activities of the federal reserve board have the most direct influence on.

Business
1 answer:
mamaluj [8]2 years ago
7 0

Answer:

The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.) 

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Assume you are saving $1,000 by depositing into a bank CD account with one year until maturity. The interest rate on your deposi
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The amount of money that I would have in the bank account at the end of one year is $1,100.

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If I am saving for a gaming computer, at the end of next year I would have enough money.

<h3>What is the value of the money by next year?</h3>

The formula that can be used to determine the money in my bank account next year is:

FV = P (1 + r)^n

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1000 x (1.1)^1 = $1,100

<h3>What is the real interest rate?</h3>

The real interest rate is the nominal interest rate less inflation rate.

The real interest rate = 10% - 4% = 6%

To learn more about future value, please check: brainly.com/question/18760477

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