Brad and Tammy want to buy a new house in 7 years. They estimate that they will need $20,000 as a down payment. How much should they invest now at 7.75% interest compounded quarterly to have the $20,000 down payment in 7 years?

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit