When the interest rate is R, the formula for finding the future ...

[erika]

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

[mirabriestensky]

Answer to Question 1

A

Answer to Question 2

C

[erika]

Thanks for the timely response, appreciate it

[robbielu01]

YES! Correct, THANKS for helping me on my review