compass Bank is offering an APR of 0.8 %compounded daily on its savings accounts. if you deposit $2,500 today, how much will you have in the account 15 years

Explanatio$312,752

Explanation:

Weekly interest rate = [(0.06/365 + 1)^7] -1 * 100

Weekly interest rate = 1.0011525255 - 1 * 100

Weekly interest rate = 0.0011525255 * 100

Weekly interest rate = 0.1152%

No. of periods =52 weeks * 25 years = 1300

N = 1300; I/Y = 0.1152; PV = -2500; PMT = -100

Amount accumulated at the end = FV(1300, 0.1152, -2500, -100)

Amount accumulated at the end =  $312,752 approximately

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the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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