If you place $100 in a bank account that pays 6% at the end of each year, and you leave your $100 and all your interest in the bank, how much will you have in the bank at the end of seven years with annual compounding?

A) (106)7.
B) 7 ? (106).
C) 100 ? (1.60)7.
D) 100 ? (1.06)7.

D

Economics

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A permanent shift in the foreign exchange market supply and demand curves such that the fixed exchange rate is no longer an equilibrium rate is referred to as:

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