What will the value of $18,000 be in 10 years if the current interest rate is 12%?

A) $5,795.52
B) $39,600.00
C) $40,579.20
D) $55,905.27


D

Economics

You might also like to view...

Environmental problems in China

A) increase pressure for decentralization of power and authority from the ruling Communist party. B) are not recognized by local Chinese interests, but get large amounts of attention from global activists. C) are improving at a rapid pace in Chinese urban areas. D) are generally not an issue domestically or globally.

Economics

Suppose Jones sells a good for $100 at a yard sale. If the producer surplus from the sale is $75, Jones's cost of the good must have been:

a. $100 b. $175. c. $25 d. equal to the deadweight loss.

Economics

The huge national debt of the United States is likely to lead to bankruptcy of the national government

a. True b. False Indicate whether the statement is true or false

Economics

The poverty line is higher than the welfare eligibility income in

A. no states. B. a few states. C. most states. D. all states.

Economics