You invest a single amount of $10,000 for 5 years at 10 percent. At the end of 5 years you take the proceeds and invest them for 12 years at 15 percent. How much will you have after 17 years

$86,166.31

Explanation:

We use future value (FV) formula as follows:

Step 1: Calculation of amount to have after five years:

Five years FV = $10,000 × (1 + 0.1)^5

                       = $10,000 × (1.01)^5

                       = $10,000 × 1.61051  

Five years FV = $16,105.10  

Therefore, $16,105.10  will be realized after five years.

Step 2: Calculation of amount to have after twelve years:

Twelve years FV = $16,105.10 × (1 + 0.15)^12

                            = $16,105.10 × (1.15)^12

                            = $16,105.10 × 5.35025010547371  

Twelve  years FV = $86,166.31  

Therefore, you will have $86,166.31 after 17 years.

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.

answer/// real gdp decreases to y3 and the price level falls to p3;