Multiple Choice
A person who can save at 8 percent interest decided to subscribe to a magazine.A 1-year subscription costs $12, a 2-year subscription $22.What is the cost to her of the second year?
A) $10.
B) $10.80.
C) $9.60.
D) $11.
E) $11.40.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q61: Capital consists of both tangible and intangible
Q62: In order to make worthwhile the construction
Q63: A capital project has a positive rate
Q64: The demand and supply of capital is
Q65: In a perfectly competitive market, any larger
Q67: A firm's profits equal:<br>A)sales minus wages.<br>B)net worth
Q68: The real interest yield on capital allows
Q69: When interest rates rise, many asset prices
Q70: The present value of a farm is
Q71: Capital is bought and sold in consumer