Author Question: If you want to purchase a new sailboat in two years for 9,000, how much would you presently need to ... (Read 65 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?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library