<< Chapter < Page Chapter >> Page >
  • Card 8 / 13:
    You open a 5-year CD for $1,000 that pays 2% interest, compounded annually. What is the value of that CD at the end of the 5 years?

    Principal(1 + interest rate) time = $1,000(1+0.02) 5 =$1,104.08

  • Keyboard Shortcuts

    Previous Card ← Previous Card Button
    Next Card → Next Card Button
    Flip Card // Return / Space

Questions & Answers

what is the importance of learning economics?
Thelma Reply
the difference between needs and wants
londiwe Reply
needs are things that we basically can't live without wants are just luxury things
Thelma
needs are things without them we can't live but want are things without we can live
KP
what is education
KP
it's a process in which we give or receiving methodical instructions
Thelma
what is mixed economy
Amex
what is a deadweight loss? how monopoly creates a deadweight loss?
Ashraf Reply
who are u?
Lamine
haha
Cleaford
scarm
nura
what it this
Cleaford
hi y'all
Dope
how does group chat help y'all 🤔
Dope
hi y'all
Dope
how does group chat help y'all 🤔
Dope
how does group chat help y'all 🤔
Dope
to learn from one another
Lamine
oh okay
Dope
😟
Creative
Yes
Lamine
what is type of economic
taiwo Reply
how to understand basics of economics
Aarif Reply
what is demand schedle
Princess Reply
When you make a Scedule of the demand you made
Rodeen
this is helpful for rbi grade b
Prema Reply
What is macroeconomics
Kauna Reply
It's one of the two branches of Economics that deal with the aggregate economy.
Mayen
it's about inflation, occupation, gdp and so on
alberto
What is differences between Microeconomics and Macroeconomic?
Bethrand
microeconomics focuses on the action of individual agents in the economy such as businesses, workers and household. while macroeconomics looks at the economy as a whole. it focuses on broad issues in the economy such as government deficit, economy growth, levels of exports and imports, and
Thelma
inflationary increase in prices
Thelma
a price floor of 24 imposed
Annie Reply
monopolistic competition
bintu Reply
yap
nura
any one there to answer my question
Richard Reply
Fixed Costs per week Variable Costs per bear Rent & Rates of Factory Hire & machines Heating & Lighting Repayment of Bank Loan K100.00 K45.00 K5.00 K50.00 Materials Foam Wages K6.00 K1.00 K1.00 Total K200.00 K8.00
Richard
one of the scarce resources that constrain our behaviour is time. each of us has only 24 hours in a day. how do you go about allocating your time in a given day among completing alternatives? once you choose a most important use of time. why do you not spend all your time to it. use the notion of op
naknak Reply
mohsina mala..Bangla app hobe na
Dipam Reply
mani Baba. First learn the spelling of Economics
Dipam Reply
Economics- The study of how people use their limited resources to tey and satisfy unlimited wants.
Kelly
hmmm
Mani
etar bangla apps hobe na?
Mohsina
what is defination of acnomics
Mani Reply
economics is the study of how humans make decisions in the face of scarcity
Thelma
Economics is a social science that deals with the human behavior in the face of scarcity.
Azka
Economics is a science which study human behaviour as a relationship between ends and scarce means which have alternative.
Adwoa
economics is a art of analysation under prescribed and justified rules, regulations, and theories to regulate the things that have ability to produce wealth and things that exchange to produce wealth to stable economy of one's country , profit ability of organization and living standard of nations
ye

Get the best Principles of economics course in your pocket!





Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
Flash Cards plugin by Curtis Blackwell github.com/curtisblackwell/flash_cards
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Principles of economics' conversation and receive update notifications?

Ask