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Author Question: When the interest rate is R, the formula for finding the future value of M two years from now is ... (Read 113 times)

erika

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on: Jul 1, 2018
When the interest rate is R, the formula for finding the future value of M two years from now is
 
  A) M (1 + R)2.
  B) M (1 + R2).
  C) M / (1 + R)2.
  D) M / (1 + R2).

Question 2

The aggregate demand for good X is Q = 20 - P. If the price rises from P = 4 to P = 5, what is the change in consumer surplus?
 
  A) 4.50
  B) 5.50
  C) 15.50
  D) 16


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mirabriestensky

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


erika

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

cdmart10

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Reply 3 on: Yesterday
Excellent

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