Kevin deposits $100 into a savings account today. this is his (future value, simple interest, compound interest, present value) in one year, kevin’s money earns 5 percent. the $5 he earns is (future value, simple interest, compound interest, present value). in one year’s time, kevin’s money is worth $105. this is his (future value, simple interest, compound interest, present value). the interest kevin earns in the first year will also earn interest in subsequent years. this is called (future value, simple interest, compound interest, present value).

Present Value,  Simple Interest, Future Value & Compound Interest

Explanation:

Present Value is the amount invested now, so $100 deposited by Kevin into a savings account today is present value.

Simple Interest is the interest earned on the amount invested . So, 5% of $100 = $5 is simple interest.

Future Value = Present Value + Interest . Kevin's money is worth $105 after a year = $100 + $5 . So, $105 is future value.

Interest earned on Interest is called Compound Interest. The interest Kevin earns in the first year will also earn interest in subsequent years . This is called compound interest.

Hope it helps.

Thank you !!

americans began to notice growing differences between the northern and southern sections of the country. there were more people living in cities in the north, which made it more urban. more people lived on farms in the south, which made it more rural. while many people were farmers in the northern states, there were now other ways to make a living, such as working in mechanical cotton gins factories manufacturing cloth, tools and other goods. people in the north supported high tariffs on goods imported from europe because the extra cost encouraged people to “buy american” instead. in the southern states, planters did not like tariffs because they sold most of their production to europe and bought their tools from there as well. southerners believed the protective tariff was something that only northern factory owners keep their profits high. so the southern politicians came up with an idea. they would opt out. they would simply ignore the protective tariff. it was ‘null and void’ in south carolina. the state would not collect the taxes on goods imported into south carolina, no matter what the president said they had to do. this decision led to the nullification crisis.

21 stacks

step-by-step explanation:

divide 630/30

21 stacks

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