You invest $1,000 at a variable rate of interest. initially the rate is 4% compounded annually for the first year, and the rate increases oneminushalf of one percent annually for five years (year two's rate is 4.5%, year three's rate is 5.0%, how much will you have in the account after five years?

What is the most important type of decision that the financial manager makes?

Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?

Select the correct text in the passage.which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy.de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des.monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy