This topic contains a solution. Click here to go to the answer

Author Question: If an individual borrows 200 at an annual rate of interest of 10, what is the total amount that he ... (Read 54 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
If an individual borrows 200 at an annual rate of interest of 10, what is the total amount that he will have to repay after one year?
 
  A) 20 B) 220 C) 210 D) 200

Question 2

The savings rate designates:
 
  A) the difference between household consumption and savings.
  B) the difference between government revenue and government expenditure.
  C) the rate of return households earn on their savings.
  D) the fraction of income that households save.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

B

Answer to Question 2

D




cabate

  • Member
  • Posts: 537
Reply 2 on: Jun 30, 2018
:D TYSM


chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library