In emerging market economies with underdeveloped capital and uncertain government policies, business groups can provide efficiencies similar to those that can be achieved through contracting in developed economies

You believe in the power of compounding and decide to save $1 per day by avoiding the purchase

of a soda. You deposit the $1 at the end of each day in a bank account that pays 8% interest compounded daily. You are going to take a trip in 20 years with the money you have accumulated. How much money will you have in 20 years, assuming 365 days per year? A) $7,500 B) $18,032 C) $12,438 D) $22,456

Why is it so important to have good data?

What will be an ideal response?