Determine the accumulated balance after the stated period. Round to the nearest cent. $10000 deposit at an APR of 2% with quarterly compounding for 5 years
A. $11,048.96
B. $12,364.36
C. $10,998.60
D. $11,453.12

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according to this law, when unemployment goes up by 1%, gdp drops by 2%. in the question, unemployment rate goes from 2% to 5%, meaning unemployment goes up by 3%, so the gdp drops by 6%. thus the effect is a drop in gdp by 6%.

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