Answer:
FV= $1,181.62
Explanation:
Giving the following information:
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?
We need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1+0.035)^25
FV= $1,181.62
Answer:
B. contractionary fiscal policy
Explanation:
The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.
Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.
Answer:
B. at the highest independent bid or the last reported sale price, whichever is higher
Explanation:
SEC Rule 10b-18 was issued to create a safe harbor that reduces a company's possible legal liabilities related to repurchasing their own stock. Companies can decide to follow it or not, but if they follow it, they must comply with specific requirements that depend on the company's size and trading activities. Even if companies follow all the requirements of this "safe harbor", all legal liabilities are not eliminated, instead some specific provisions will not be considered to have been violated by the company.
The conditions related to this rule include
- Manner of purchase conditions
- Timing conditions
- Price conditions
- Volume conditions
For the given question, the summation that represents the money in account is:
The principal amount if compounded annually, the formula that represents the amount to be received after n years is:
where A is the amount received after compounding, P is the principal, r is the rate of interest and t is the tenure.
<h3>Solution:</h3>
Given:
Annual interest rate(r) is 5.5%
Principal is(P) $300
Tenure is(t) 10 years
On substituting the values in the formula
The amount received after compounding at the end of 1 year will be:
Similarly, the amount to be received after 2 years will be:
The amount received after 10 years will be:
upto 10 years
Therefore the summation that represents the money in account after 10 years is:
Learn more about compound interest here:
brainly.com/question/25857212
Answer:
There is a direct relationship between perceived risk and external research. The higher the perceived risk, the more external research a consumer will carry out. Perceived risk is not simply fearing that you will make a bad purchase, but it also refers to the costs and benefits associated with the purchase.
The higher the benefits that a consumer can obtain from a purchase, the higher the risk of not getting enough benefits if they make a bad choice. E.g. if you have a lot of good choices available, then you will want to do some more research to choose the best one.
Generally consumers include more brands in their search when they are physically in stores. As consumers we generally consider a very limited number of brands when we shop online, but when we are in a store, we tend to broaden our search and include al the brands that we find.
