In the short run Group of answer choices monetary expansion causes the CA to decrease and fiscal expansion causes the CA to decrease. monetary expansion causes the CA to increase and fiscal expansion causes the CA to increase. monetary expansion causes the CA to increase and fiscal expansion causes the CA to decrease. monetary expansion causes the CA to decrease and fiscal expansion causes the CA to increase. monetary expansion causes the CA to increase and the effects of fiscal expansion are ambiguous.
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Ответ:
Annual deposit= $593.94
Explanation:
Giving the following information:
They anticipate that the new digging machine will cost them $3,700. Since they would like to have cash ready for payment, how much should they deposit semi-annually in an account that will earn 3% per year compounded semi-annually to have the money available in 3 years?
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (3,700*0.015)/{(1.015^6)-1}= 593.94