Refer to the scenario above. Suppose the interest rate is 5 percent. In this case, you will have ________ in your account after one year
A) $533
B) $546
C) $550
D) $580
B
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Little Dicky Lemons operates a lemonade stand. Yesterday he sold 10 cups when he charged $1.00 per cu
A) .50 B) 1.0 C) 2.0 D) 4.0 E) 8.0
Answer the following statements true (T) or false (F)
1. The highest unemployment rate in the United States in recent years has been among adult females. 2. Part-time workers who want full-time employment but cannot find it are considered underemployed. 3. Increases in the federal minimum wage directly affects only a small percentage of U.S. workers. 4. Because of increases in the minimum wage, new entrants into the labor force find it easier to find employment. 5. Many economists believe that increases in the minimum wage tend to create a labor surplus.
The President's budget is presented to Congress: a. in the form of the Economic Report of the President
b. in a report followed shortly by the Economic Report of the President. c. at the beginning of the fiscal year. d. in a report that should be voted up or down within 60 days. e. in a report that requires a two-thirds vote for ratification.
The value of a financial instrument rises as:
A. the payments are made when the prospective investor needs them least. B. the size of the payment promised decreases. C. the promised payment is made sooner rather than later. D. it is less likely the payment will be made.