Bob has saved $580 each month for the last 3 years to make a down payment on a house. the account earned an interest rate of .43 percent per month. how much money is in bob's account?

Answers

Answer 1

As we know--

FVA = P * ((1 + r)n- 1 / r)

Where, FVA is future value of annuity, P is the periodical amount = $580, r is the rate of interest = 0.43% per month and n is the time period = 3 * 12 = 36 months.

Now, putting these values in the above formula, we get,

FVA = $580 * ((1 + 0.43%)36- 1 / 0.43%)

FVA = $580 * ((1 + 0.0043)36- 1 / 0.0043)

FVA = $580 * ((1.0043)36 - 1 / 0.0043)

FVA = $22530.58  is the answer.

In finance and economics, interest is price from a borrower or deposit-taking economic group to a lender or depositor of an quantity above reimbursement of the predominant sum, at a specific rate. it is awesome from a rate which the borrower may additionally pay the lender or a few 1/3 party.

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Related Questions

Measuring the costs and benefits of a mutualism in terms of energy spent and/or gained:_________

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Measuring the costs and benefits of a mutualism in terms of energy, it is gained in both individuals.

What is Mutualism?

Mutualism is described as the ecological interaction where two or more species are benefited from the interaction.

This is a very common type of environmental interactions. some of the examples of the same are as follows

Mutualistic interactions of mycorrizhae and most vascular plants.

Flowering plants being pollinated by insects like bees for nectar.

The consumer resource interactions and functional responses of mutualisms provide new insights into the study of density dependent population dynamics.

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Considering the number of vehicles bought as business cars, how much profit did the model that benefited the most by targeting this market make?

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The profit the business model that benefited the most by targeting this market make is  £35,126.

A business is defined as an experienced organization or entity engaged in commercial, industrial, or professional activities. A business can be a for-profit or a non-profit organization. Business types range from limited liability companies to sole proprietorships, corporations, and partnerships.

Model code G02F F326 E323 S365 G636

Production cost = v £16,000 £14,390 £11,654 £17,265 £11,314

Retail price = s £22,000 £20,968 £16,745 £24,547 £15,265

Sales volume in millions (business) = n 4.79 5.34 4.32 2.21 3.33

Profit = n*(s - v) £28,740 £35,127 £21,993 £16,093 £13,157

So,

Option-2 = £35,126.

Disclaimer:- your question is incomplete, please see below for the complete question.

Considering the number of vehicles bought as business cars, how much profit did the model that benefitted the most by targeting this market make?

1)20513 million

2)35126 million

3)50684 million

4)65236 million

5)80457 million

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What is typically considered part of SG&A? Select the two correct answers. (1 point)

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Operating charges also known as selling, general and executive charges( SG&A) — are the costs of doing business. They include rent and serviceability, marketing and advertising, deals and account, operation, and executive hires.

What's business? Business is the exertion of making one's living or making plutocrat by producing or buying and dealing products( similar as goods and services).It's also" any exertion or enterprise entered into for profit."Having a business name doesn't separate the business reality from the proprietor, which means that the proprietor of the business is responsible and liable for debts incurred by the business. What's the golden rule in business? The Golden Rule demands that every client and situation be treated with kindness and thoughtlessness. Similar consideration of others can lead to companies performing better than anticipated.

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Answer:

1. the Finance Bar

2. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy

3. cryptocurrency

4. your needs

5. your family priorities

6. movie tickets

7. -paying off a credit card

-saving for college

8. a payment to repair a car bumper after a collision

9. 26

10. Borrowing more than you can pay back, or borrowing more than is necessary.

11. A person's FICO score is 800 or more.

12. Increase the APR to 24% or higher and charge a late fee.

13. wire transfer

14. A and C

15. Deposits made after the closing date of the statement should be added to the closing balance of the statement.

16. "profit and loss (P&L) statement"

17. -billing costs

-commissions

18. No, early withdrawal of 401(k) money will incur a penalty.

19. Take-home pay exceeds spending.

Explanation: Took the test

The cost principle states that an asset should be recognized on the balance sheet at the:_____.

Answers

The cost principle states that an asset should be recognized on the balance sheet at the purchase price.

A balance sheet is a statement of a business's belongings, liabilities, and owner's fairness as of any given date. typically, a stability sheet is ready at the end of set periods (e.g., each zone; yearly). A stability sheet is made from columns. The column on the left lists the assets of the corporation. In financial accounting, a balance sheet is a precis of the economic balances of a person or organization, whether it's a sole proprietorship, a business partnership, an enterprise, a private limited organization, or a different organization together with authorities or not-for-profit entity.

A balance sheet offers you a snapshot of your agency's economic function at a given factor in time. along with a profits declaration and a cash flow statement, a stability sheet can help business owners evaluate their organization's monetary standing. The name "balance sheet" is based totally on the truth that assets will same liabilities and shareholders' equity every time.

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Oklahoma oil corp. paid interest of $785,000 during 2021, and the interest payable account decreased by $125,000. what was interest expense for the year?

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Paid interest of $785,000 during 2021, and the interest payable account decreased by $125,000. The interest expense for the year is $555,000.

interest expense = 785000 - 125000 x 2

                          = 555000

What is interest expense?

Cost of borrowing money is related to interest expense. It is the fee a lender assesses to a borrower in exchange for using the lender's funds. The cost of borrowing money from banks, bond investors, and other sources can be shown as interest expense on the income statement.

For illustration, suppose a company borrows $1,000 on September 1 with a 4% monthly interest charge. ($1000 x 4%) means that the interest cost for September will be $40. On October 1, the company repays the loan in full with a $500 payment. The interest cost for October will be $20 (500 x 4%).

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As the price of lead falls (a key input in the production of automobile batteries), the costs of producing batteries decreases, shifting the supply curve of batteries:__________

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As the price of lead falls (a key input in the production of automobile batteries), the costs of producing batteries decreases, shifting the supply curve of batteries down and to the right.

When supplies of a good or service fluctuate at a given price in reaction to other economic circumstances, the supply curve shifts. The supply curve for each price level would move to the right if more of the good or service was provided at each price level for reasons other than price.

The corresponding supply curve would move to the left if the volume of a good or service supplied at each price level decreased owing to economic considerations other than price.

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A method of assigning overhead costs to a product using a single overhead rate is:_________

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A method of assigning overhead costs to a product using a single overhead rate is the Plantwide overhead rate method.

Overhead expenses are all fees on the income announcement except for direct hard work, direct substances, and direct expenses. Overhead charges include accounting fees, advertising, insurance, hobby, felony charges, hard work burden, rent, upkeep, substances, taxes, telephone payments, travel prices, and utilities.

You must usually try to preserve your overhead ratio of less than 35%. For organizations with a low-profit margin, an overhead rate of 10% could be too heavy for their commercial enterprise so they need to paintings on reducing their overhead costs to maintain their commercial enterprise thriving.

Overhead costs are the fees important to run your business. Overhead charges aren't at once associated with any specific products or services, and unlike items that include substances, do not directly generate income. however, overhead costs are nevertheless a part of doing business and need to be accounted for properly.

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On december 31, year 3 snack, inc. Adjusted its records to recognize $5,000 of accrued salaries. Based on this information alone, the.

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On December 31, year 3 snack, inc. Adjusted its records to recognize $5,000 of accrued salaries. Based on this information alone, the balance sheet at the beginning of Year 4 would show $5,000 of accrued salaries payable.

Recognizing an accrued expense implies that the corporate recognizes the expense within the current accounting period accrued salaries and can purchase the expense may be a subsequent accounting period.

As a result, liabilities increase. Accrued expense. When expenses are accrued, this implies that an accrued liabilities account is increased, while the number of the expense reduces the retained earnings account. Thus, the liability portion of the record increases, while the equity portion declines. Cash payment.

Collecting cash for services to be provided within the future is an asset source transaction. The asset accrued salaries account (cash) and therefore the liability account (unearned revenue) increase.

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In a competitive market, firms can dictate what the equilibrium price of a good or a service will be:_________

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In a competitive market, firms can dictate what the equilibrium price of a good or a service will be False.

It should be mentioned that the equilibrium price is determined by the interaction between demand and supply. Neither consumers nor corporations can determine the equilibrium price.

No company can sell anything at any price unless it can find a willing buyer, and no consumer can purchase anything at any price unless a willing seller can be found. lower than the equilibrium price, and the amount required exceeds the quantity provided In a competitive market, businesses can set the equilibrium price of an item or service.

Assist in reducing the scarcity of parking places in those regions and at those times Buyers and sellers may be forced to compete on price. The supply-demand interplay.

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When a u. S. Company purchases and imports electronic parts from china to use to produce mp3 players within the united states, this purchase increases the.

Answers

This purchase increases the investment component of GDP and reduces net exports, so the purchase of electronic components from China does not affect GDP.

What is GDP?

Gross Domestic Product (GDP) is the monetary value of all goods and services produced within a country's borders in a financial year. Once the market value of all goods and services is determined, the country's total GDP is calculated.

In this case, US purchases of electronic components from China increase the investment portion of GDP, but at the same time increase exports to China by the same amount and decrease net exports, so that overall US GDP No change.

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The Question was incomplete. Check below the full question.

If a US company purchases and imports electronic components from China to manufacture MP3 players in the US, does that purchase increase the (investment/government purchase/consumption) component of GDP? (increase/decrease) net exports. Therefore, the purchase of electronic components from China contributes (overall decrease/overall change/overall increase) to US GDP.

According to public choice theory, individual self-interests influence the actions of.

Answers

Public choice theory is undisruptive of economics. It describes how human beings participate in making decisions. Various studies have shown that individual self-interest is the force behind taking decisions.

Although there are some people who make decisions for the sake of others the majority make decisions for self-interest. Public choice theory argues that individuals in the public sector make choices that maximize their utility.

People seek solutions consistent with their self-interest. Public choice seeks to maximize his or her own utility. The public choice theory explains government decisions making as a result of individual self-interest. Public choice insists on using the same model of behavior throughout.

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The difference between the required yield on long and short-term securities of the same characteristics except maturity is called the?

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The difference between the required yield on long and short-term securities of the same characteristics except maturity is called the maturity premium

Maturity premium (also known as maturity risk premium (MRP)) is an aspect of required return that accounts for an investment's additional interest rate risk and reinvestment risk as a result of a longer time to maturity. The maturity risk premium rises as the time to maturity rises. It can be calculated by comparing securities that are identical except for their time to maturity.

A longer maturity investment also has a higher reinvestment risk, which is the risk that the cash flows obtained over the entire life of an investment will not be reinvested at a sufficient rate.

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An import tariff on food will cause the world relative demand for cloth to ________ and the world relative supply for cloth to ________.

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An import tariff on food will cause the world relative demand for cloth to decrease  and the world relative supply for cloth to increase.

What is meant by import tariff ?

As a result of increased competition and an increase in the quantity of items available to home consumers, international trade enables domestic businesses to export their commodities. Despite the fact that all of these consequences appear positive, it has been asserted that free trade is not advantageous to all parties.

A tariff is essentially a tax. It is one of several trade policies that a nation can implement, but it raises the price that importers' customers pay. The customs office of the nation imposing the tariff is where tariffs are paid.

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__________ refers to the systematic, planned, and strategic effort by a company to use bundles of hrm practices.

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alternative work arrangements refers to the systematic, planned, and strategic effort by a company to use bundles of hrm practices.

What is alternative work?

Alternative work arrangements include those that involve having a regular work location away from a campus work site, flexible work times, and job sharing of one role among numerous people.

Therefore,

alternative work arrangements refers to the systematic, planned, and strategic effort by a company to use bundles of hrm practices.

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If you were to raise prices of a cup of ice cream by $1, by how much would quantity demanded change (in terms of ice cream cups)?

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What does each employer that has workers with occupational exposure to human blood or opim need to have?

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Employees who have occupational contact with blood or OPIM must be given the Hepatitis B vaccine and immunization series within 10 working days of their starting assignment.

Two vaccines can protect against hepatitis B: the hepatitis B vaccine protects infants, children, and adults from contracting the illness. With the hepatitis A and B combo vaccination, adults are safeguarded against both hepatitis B and A.

Studies show that the immunologic memory of healthy persons who started receiving hepatitis B immunizations at an age older than six months last for at least 30 years. The vaccine provides long-term defense against clinical illness and persistent hepatitis B virus infection.

Workers who have regular contact with blood or OPIM must complete the hepatitis B vaccination series and get the hepatitis B vaccine within ten working days of starting their assignment.

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What term is used to describe an incorrect relationship due to users assuming that the when an action happens that subsequent actions were caused by the original action?.

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The term that can be used to describe an incorrect relationship because users assume that when an action happens, subsequent actions were caused by the original action is whistleblowing.

The phrase "whistleblowing" is used when an employee divulges information about wrongdoing. This can be referred to as making a disclosure or blowing the whistle in this context. Usually, but not always, the wrongdoing will involve something they have seen at work. A worker who discloses information must probably agree two things for their disclosure to be protected by whistleblower law. The very first is that they're serving the general welfare. This specifically means that whistleblowing law typically does not include personal grievances and complaints.

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Approximately what percentage of a reduction in errors did international air transport association have when thier employees working in cargo management obtaned instant access to clear and consistent working instructions for key tasks, such as accepting cargo as ready for air carriage?.

Answers

34% of a reduction in errors did international air transport association have when their employees working in cargo management obtained instant access to clear and consistent working instructions.

Transporting shipments, unloading cargo, picking, sorting, and storing are all included in the term "cargo management," which describes how these tasks are handled in logistical centres and warehouses. Those who organise, facilitate, expedite, and route the flow of incoming and departing shipments cargo and freight shipments in airlines and cargo agencies are known as cargo management officers. The cargo management officer makes sure that shipments of goods are kept and handled in accordance with Standard Operating Procedures (SOPs) and handling regulations. All shipment paperwork is prepared by the cargo management officer, who also handles stock control and housekeeping duties. Shipments are organised in accordance with cargo plans, thanks to the cargo management officer.

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An increase in a good's price reduces the total amount consumers spend on the good if the ________ elasticity of demand is ________ than one.

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Price , greaterr ….lmk if im right

For domestic or regional airlines or routes, there is always the option of taking a car, bus or train. This describes which of porter’s five competing forces?.

Answers

This describes threats of substitution.

What are Porter’s five competing forces?A tool for analyzing a company's competitive environment is Porter's Five Forces Framework. It uses industrial organization (IO) economics to extract five forces that control the level of competition and, consequently, the profitability (or lack thereof) of an industry.An industry is considered "unattractive" when the combined impact of these five forces lowers overall profitability. An industry that is getting close to "pure competition," in which all firms' available earnings are being pushed to average profit levels, would be the least desirable. The five-forces perspective is known for being created by Harvard University's Michael E. Porter. In 1979, the Harvard Business Review published this paradigm for the first time.

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Individuals own the factors of production and make decisions about how to use those factors in
A: a command economy.
B: a communist society.
C: a free enterprise system.
D: an unfree mixed economy.

Answers

Answer:

a free enterprises system

Ruritania's ministry of economics has considered various plans to stimulate economic growth in the kingdom. which proposal would have the best chance of success?

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To increase the general level of skills in the labour force, improve the literacy rate with reading programs at all levels, K-12 and adult. is the proposal would have the best chance of success.

What is growth in the economy?

In economic growth research improves administrations and treatments not fair for you but also for future generations. It makes a difference to developing modern tests for diagnosis, medications and forms that may in the long run help your children, or indeed your grandchildren.  Economic growth is an increase in the production of goods and services in an economy. · Increases in capital goods, and labor force.

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How+much+would+it+cost+for+chester+corporation+to+repurchase+all+its+outstanding+shares+if+the+price+fell+by+10%?+assume+no+brokerage+fees.

Answers

$84.9 million is the repurchasing cost for Chester Corporation.

We have the closing price = $27.37, the price after 10% fall = $24.633 **($27.37 - 10%), and the number of outstanding shares = 3,444,155.

Therefore, the repurchasing cost for Chester Corporation is $84,839,870 or approximately $84.9 million.

What is the formula for calculating market capitalization?

It is calculated by multiplying a stock's price by the number of outstanding shares. A company with 20 million shares selling at $50 per share, for example, would have a market capitalization of $1 billion. Total capitalization is the sum of long-term debt and all other types of equity, such as common stock and preferred stock. Total capitalization is the capital structure of a company and is sometimes calculated as total assets minus total liabilities.Market value is calculated by multiplying a company's outstanding shares by the current market price. The market value of XYZ Company is $25 million if it trades at $25 per share and has 1 million shares outstanding.When a company's shares are already publicly traded, the simplest way to determine its market value is to multiply the number of shares outstanding by the current price at which the shares trade on the relevant stock exchange.

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The security team in a mid-sized company wants to test drive encryption using an hsm. what are three possible ways of accomplishing this?

Answers

The security team in a mid-sized company wants to test drive encryption using an HSM. There are three possible ways of accomplishing this:

Using an expansion card.Using an external USB device.Using a network appliance. Thus, option (c), (d), and (e) is correct.

The decryption and encryption processes for digital signatures, strong authentication, and other cryptographic activities are carried out using hardware encryption modules (HSMs), which are actual computer hardware.

Additionally, it controls secrets, most importantly digital keys. These modules often come in the form of plug-in cards or external devices that connect directly to a network or computer server.

HSMs may include features that provide tamperproof, such visible tamper indicators or recording and warning, a tamper barrier that makes tampering difficult without leaving the HSM worthless, or tamper responsiveness, like shredding keys upon tamper detection.

As a result, the significance of the three possible ways of accomplishing are the aforementioned.

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Your question is incomplete, but most probably the full question was.

The security team in a mid-sized company wants to test drive encryption using an HSM. What are three possible ways of accomplishing this?

A. Using HSM softwareB. Enable HSM in the TPMC. Using an expansion cardD. Using an external USB deviceE. Using a network appliance

The quantity of products that people are willing to buy at different prices at a specific time is called?

Answers

The quantity of products that people are willing to buy at different prices at a specific time is called Demand.

Demand in economics refers to the quantity of a good that consumers are willing and able to buy at different prices during a specific period of time.

What is demand?

The demand curve is another name for the relationship between price and quantity demand. Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, convenience, alternatives offered, buyer preferences and disposable money.A good's possible pricing and the quantities that would be bought at those prices make up the fundamental link between supply and demand. The relationship is often negative, which means that a rise in price will result in a fall in the quantity demanded.The consumer demand curve's decreasing slope is a physical representation of this negative relationship. It makes sense and is obvious to assume that there is a negative association. It would be a significant price increase, for instance, if a gallon of milk went from being $5 to $15. Because the price has increased by such a large amount and is now absurdly high for the goods, consumers will no longer purchase as much of it for $15.

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What would have happened if you had not been monitoring the status of the project?

Answers

Constant monitoring is important to control the progress of the project and fix any errors according to the established schedule.

What is project monitoring?

Never has effective project management relied on a "set it and forget it" philosophy. PMs must begin projects, monitor them, and measure their progress in order to manage projects effectively. Even though it's sometimes disregarded or seen as just another item on the project manager's to-do list, project monitoring is an essential aspect of the project lifecycle.

To make sure everything is finished on schedule, within budget, and in accordance with the project's specifications and standards, project monitoring includes tracking a project's metrics, progress, and related duties. In addition to these tasks, project monitoring includes noticing and identifying potential obstacles or difficulties and taking appropriate action to resolve them.

Therefore, monitoring is important to control the progress of the project and fix any errors according to the established schedule.

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Suppose that there is currently a $2. 00 per bottle tax on vodka that is levied on consumers. Legislators have decided to give consumers some relief by eliminating the tax. In order to keep tax revenues at their previous level, they decide to impose a $2. 00 tax on producers. What is the net impact of these two actions?.

Answers

There is no change in either consumers' or producers' well-being

Revenues from taxes on income and profits, state welfare contributions, taxes on goods and services, payroll taxes, levies on the ownership and transfer of property, and other taxes are all considered to be taxes. The sum of all taxes paid is known as tax revenue. This is the quantity sold multiplied by the amount of the excise (or per unit) tax. The overall surplus includes tax revenue. The producer surplus that existed before to the tax will now make up a portion of the tax collection. the maintenance of natural resources, farming, and the environment; investing in scientific and medical research; investing in basic infrastructure like roads, bridges, and airports; and investing in education.

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If something is an intangible or tangible characteristic of a product, service, or offering, it is considered a?

Answers

A service is considered to be something that is intangible, and a product is considered to be something that is tangible.

Intangible assets are those that don't have any physical parts. Software, patents, copyright, franchises, goodwill, and trademarks are a few examples. Unlike material and monetary assets, this Valuing an intangible asset is typically very difficult.

An asset is considered to be intangible if it has no physical form. Goodwill, brand recognition, and intellectual property like patents, trademarks, and copyrights are examples of intangible assets. An intangible asset is a type of asset that cannot be physically touched or seen but still has value. Examples of intangible property include licenses, copyrights, a brand's name, and computer software.

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If inflation is decreasing what is likely happening along a keynesian phillips curve?

Answers

The decrease of the inflation leads to an Increase in Unemployment according to Keynesian Phillips curve.

What is Inflation?

Inflation refers to the situation which increases the prices of the goods and services in the country. It is due to the shortage in the supply of economy and increased demand.

The Phillips curve depicts the negative trade-off between inflation and unemployment rates. When unemployment is high, inflation is low; when unemployment is low, inflation is high.

Therefore, it can be concluded that Increase in Unemployment is the result of decrease in inflation rates.

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Generally accepted accounting principles (gaap) wants information to have:________
a. rules conceptual history
b. faithful representation
c. relevance

Answers

Generally accepted accounting principles (gaap) wants information to have faithful representation.

The term "GAAP" (generally accepted accounting principles) refers to a set of widely used standards and accounting procedures for financial reporting. Gap is how the acronym is pronounced. Definitions of concepts and guiding principles are included in GAAP specifications, along with industry-specific regulations.

An illustration of GAAP is what? The whole field of financial reporting is covered by GAAP rules. For instance, GAAP establishes the formats for income statements, the financial periods that must be included, and the reporting of cash flow. The term "GAAP" stands for "Generally Accepted Accounting Principles," sometimes known as "US GAAP.

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The ______ definition of money supply only includes money that is quickly and easily accessed. Need help filling out sections B-E not sure if I did the calculations correctly. Am I only suppose to use the initial concentration values to solve? I just need help overall. Please and thank you. Toybox, inc. , manufactures the spintop, a toy that the company discovers can cause harm. Before anyone is injured, anne, a pediatric nurse who has not purchased a spintop, files a suit against toybox, inc. In seeking to have the suit dismissed, toybox, inc. , best argument is that anne does not have. At the supported price-quantity combination where production is unlimited, and government buys the excess, the money consumers pay producers is:__________ The risk of a firm receiving a poor online review exposes a restaurant to what type of risk? A party planner is making gift bags for an event. He has 96 pencils,36 erasers, and 24 pencil toppers. Each bag needs to have the same numberof each object. What is the greatest number of gift bags that the partyplanner can make? How many of each item are in each bag? To determine the predicate of a sentenceA. ask what happened.B.look for a word ending in -ed.C.look for a word ending in -/y.D. ask who did it. Simplify each sum or difference. State any restrictions on the variables.y / 2y + 4 - 3 / y + 2 HELP ME PLEASE I have no idea on how to do this!!! Write the standard form of the equation of the circle that passes through the given point and whose center is at the origin. (-6,0) what must a driver maintain to ensure implementation of an effective space management system? PLEASE HELP!!There are twenty errors to correct. These errors contain subject-verb agreement errors, pronoun-antecedent errors, sentence structure errors, word usage errors, verb shift errors, and point-of-view shift errors.Weekends is busy for everyone. You had to get so much done that cant be done during the week, like laundry, yard work gardening, and meal prepping. To, its important to spend quality time with family and friends because their just isnt enough time during the work week. Not spending time effect relationships in negative ways. For example I once had to work seventy hours in one week. I did not get to see my five-year old daughter before she went to bed each night during that long week. Each morning, she awoke crying because the routine that we had until that week had been interrupted. For the next three weeks my daughter ignores me in the mornings. She was angry with me, because of the five nights I am unable to see her before she fell asleep. Luckily, we was able to reestablish our nightly routine, because I resumed my normal forty-hour work week. Everyone has their responsibilities to maintain and weekends allow you too care for a different set of responsibilities so that there is a little balance. In an area where it is not endemic, rift valley fever is likely to cause? Determine whether each set of numbers can be the measure of the sides of a triangle. If so, classify the triangle as acute, right, or obtuse. Justify your answer. a. 11,60,61 write each subtraction equation as an addition equation a - 9 = 6p - 20 = -30z - (-12) = 15x - (-7) = -10 PLEASE HELP!!! 20 POINTS!!!PLEASE HELP!!Read the Gettysburg Address. Underline words and phrases that you feel are important to understanding the document. In the spaces provided, explain how your selections help you understand the meaning and purpose of each paragraph.The meaning of the text is [insert meaning here]. This helps me understand the document by telling me that [information on the text].I chose this word/phase because it helps me better understand that [information in that paragraph] In the early 1970s, members of congress wanted to change the constitution to lower the voting age to 18. what would they have to do to make this change to the constitution? suggested response: 1 complete sentence. MBERS5.Which of these inferences most closely identifies a theme of theexcerpt?A. Sons and fathers will never see eye-to-eye.B. Parents have little influence over their children.C. Children inspire societal change.D. Family relationships have long term impact on our view of the world. Find the sum of each finite arithmetic series. 5+6+7+ . . . . . . +11 Explain why it is not reasonable to say that 6.32 is less than 6.235 because 6.32 hasfewer digits after the decimal point than 6.235.( Use the process of comparingnumbers to help you with your explanation