Please label the following statements regarding child labor as true or false. International trade is a key cause of child labor.
As a result, international trade should be restricted to eliminate child labor. The majority of children in the work force work in agricultural industries. The percentage of children in the work force in a country is inversely related to the Real GDP per capita of a country. One of the proposed solutions to child labor is to provide subsidies to families with children who are currently attending school. The education of these children in poverty will have long term benefits.
1 answer:
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Answer:
more will you have to save each month 981.9
Explanation:
given data
time = 30 year = 30 × 12 = 360 months
expected earn = 8.5 % = = 0.0070833
time = 10 year = 10 × 12 = 120 months
future value = millionaire =
solution
we consider here saving end of this month = x
and saving end of 10 year = y
now we solve for x
= x ×
= x ×
x = 605.8
and
= y ×
= y ×
y = 1594.9
so here we require more amount to save is y - x in end of each month = 1594.9 - 605.8 = 981.9