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Author Question: If an investment of 400 increases to 800 in 16 years, the annual interest rate of the investment ... (Read 52 times)

jlmhmf

  • Hero Member
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  • Posts: 552
on: Jun 30, 2018
If an investment of 400 increases to 800 in 16 years, the annual interest rate of the investment must be _____.
 a. 18
  b. 10
  c. 9
  d. 4.5
  e. 1.8

Question 2

If both of two goods have price elasticities of demand, price elasticities of supply, income elasticities of demand and cross elasticities of demand all equal to 2.0:
 a. They are both normal and substitutes.
 b. They are both normal and complements.
  c. They are both inferior and substitutes.
 d. They are both inferior and complements.


blfontai

  • Sr. Member
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  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


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