Pat and Sam own their own business, and have an "automatic account builder" set up with an investment company. At the end of each quarter, the company automatically deducts $2000 from their business checking account and puts it into a savings account which they have set up for their children's college tuition. The account earns 4.8% annual interest compounded quarterlya. How much would the first $2000 deposit (just the first deposit) ultimately contribute to the amount in account at the end of 18 years? b. How much will be in the account, in total, after 18 years? c. How much of the account value after 18 years will be interest earned?

88 because 4 plus 4 equals 8. 40 plus 40 equals 80. 80 plus 8 equals 88

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

c

explanation:

government control and resources