Today, you deposit $2,500 in a bank account that pays 3.6 percent simple interest. How much interest
- May 24, 2021/ Finance
Today, you deposit ,500 in a bank account that pays 3.6 percent simple interest. How much interest will you earn over the next 5 years?
A. $90.00
B. $120.00
C. $450.00
D. $483.59
E. $492.27
C = 20 + .9Y, where C is consumption and Y is disposable income.
Refer to the above data. The MPC is:
A. 45.
B. 20.
C. 50.
D. 90.