To you reach a $5,000 goal in five years from now, your father offers to give you $500 now. you plan to get a part-time job and make five additional deposits, one at the end of each year for 5 years. your first deposit will be made at the end of the first year. if all the money is deposited in a bank that pays 7% interest, how much must your annual deposit be at the end of each year to get $5,000 at the end of 5 years?

Arguments made against free trade include all of the following exceptdumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.free trade is inflationary and should be restricted in the domestic interest. if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.