The future amount of an investment with compound interest can be calculated through the equation,
F = P x (1 + ieff)^n
where F is the future amount, P is the current value of the money, ieff is the effective interest (rate per year), and n is the number of years.
From the equation, all are given except for the effective interest, i. Now, substituting the known values,
14,398.87 = (7,775) x (1 + ieff)^14
The value of ieff from the equation is 0.044999.
Since the value of the ieff when translated to percentage is equal to 4.5% as well, the interest rate is compounded yearly.
Answer:
C
Explanation:
Individuals provide labor for factor markets and buy goods in product markets.
Market Activity is performed as two cycles moving in opposite directions. In one direction, there is a flow of goods and services from individuals to businesses and back again. This concept is simplified in that as laborers, we go to work to make things or provide services that people want.
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Answer:
<em>As mothers with a school going children, they are packing a meal which is healthy as well as simple.</em>
Explanation:
As the box color is bright yellow and the food which is inside the box is in a less quantity. <em>The target market for Kraft Lunchables is been considered very very likely </em><u>as mothers with a school going children, they are packing a meal which is healthy as well as simple</u>.
<em>Because, as we can see in the question, the foods which are mentioned there are very simple, hygienic and healthy, like a mom is packing a lunch-box for her school going child. </em>
<em>And we can also see the color of that box, the color also indicate the lunch-box that moms give to their child while the child is going to a school.</em>
Answer:
Decreasing taxes would result in a loss of money from government funded organizations and other government jobs. There would be a lower budget for public schools and the salaries of police forces, post offices, and teachers would be forced to be cut. However, this would also raise economic activity, increasing people's ability to buy and coontribute more to the flow of money.
Explanation:
