Author Question: If you want to purchase a new sailboat in two years for 9,000, how much would you presently need to ... (Read 56 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
If you want to purchase a new sailboat in two years for 9,000, how much would you presently need to have in your bank account to have 9,000 in two years? Assume your bank account pays 3 percent interest.
 
  A) 8,484 B) 8,613 C) 8,738 D) 8,822

Question 2

In developing countries, economists have found ________ correlation between a person's height and the wages he can earn in the farming sector.
 
  A) no B) an inverse C) a weak D) a strong



amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library