If you want to purchase a new sailboat in two years for 9,000, ...

[bcretired]

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]

Answer to Question 1

A

Answer to Question 2

D