Complete the Following Chart, Which Illustrates What Happens to $8,000

question 5

Multiple Choice

Complete the following chart, which illustrates what happens to $8,000 invested at 12% for different lengths of time and different numbers of compounding periods. Round all of your answers to the nearest dollar. $$\begin{array} { | c | c | c | c | c | } \hline & \text { l year } & \text { T years } & \text { 14 years } & \text { 28 years } \\\hline \text { Compounded annually } & & & & \\\hline \text { Compoundedsemiannually } & & & & \\\hline \text { Compounded quatterly } & & & & \\\hline \text { Compounded monthly } & & & & \\\hline \text { Compounded continuously } & & & & \\\hline\end{array}$$

• A) \(\begin{array} { | c | c | c | c | }
• \hline 4480 & 8843 & 19548 & 95535 \\
• \hline 4494 & 9044 & 20447 & 104517 \\
• \hline 4502 & 9152 & 20938 & 109605 \\
• \hline 4507 & 9227 & 21284 & 113251 \\
• \hline 4510 & 9265 & 21462 & 115157 \\
• \hline
• \end{array}\)
• B) \(\begin{array} { | l | l | l | l | }
• \hline 9020 & 18531 & 42924 & 230314 \\
• \hline 9015 & 18454 & 42568 & 226502 \\
• \hline 9004 & 18303 & 41877 & 219209 \\
• \hline 8989 & 18087 & 40893 & 209035 \\
• \hline 8960 & 17685 & 39097 & 191071 \\
• \hline
• \end{array}\)
• C) \(\begin{array} { | c | c | c | c | }
• \hline 8960 & 17685 & 39097 & 191071 \\
• \hline 26966 & 54262 & 122680 & 627104 \\
• \hline 27012 & 54910 & 125631 & 657628 \\
• \hline 27044 & 55361 & 127703 & 679505 \\
• \hline 27060 & 55593 & 128773 & 690941 \\
• \hline
• \end{array}\)
• D) \(\begin{array} { | c | c | c | c | }
• \hline 8960 & 17685 & 39097 & 191071 \\
• \hline 8989 & 18087 & 40893 & 209035 \\
• \hline 9004 & 18303 & 219209 & 41877 \\
• \hline 9015 & 18454 & 226502 & 42568 \\
• \hline 9020 & 18531 & 230314 & 230314 \\
• \hline
• \end{array}\)
• E) \(\begin{array} { | l | l | l | l | }
• \hline 8960 & 17685 & 39097 & 191071 \\
• \hline 8989 & 18087 & 40893 & 209035 \\
• \hline 9004 & 18303 & 41877 & 219209 \\
• \hline 9015 & 18454 & 42568 & 226502 \\
• \hline 9020 & 18531 & 42924 & 230314 \\
• \hline
• \end{array}\)

Identify historical economic theorists and their contributions.

Explain the concepts of savings, investment, and consumption.

Analyze the impact of credit availability on consumption.

Differentiate between autonomous and induced consumption.

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