assume milk is used to produce ice cream. ceteris paribus, a decrease in the price of milk will cause: group of answer choices the equilibrium price of ice cream to increase and the equilibrium quantity of ice cream to increase. the equilibrium price of ice cream to increase and the equilibrium quantity of ice cream to decrease. the equilibrium price of ice cream to decrease and the equilibrium quantity of ice cream to increase. the equilibrium price of ice cream to decrease and the equilibrium quantity of ice cream to decrease.
Answers
Option C is correct, assume milk is used to produce ice cream. ceteris paribus, a decrease in the price of milk will cause the equilibrium price of ice cream to decrease and the equilibrium quantity of ice cream to increase.
In economics, economic equilibrium is a state of affairs in which financial forces inclusive of delivery and call for are balanced, and in the absence of outside influences the (equilibrium) values of financial variables will now not alternate. as instance, in the preferred text ideal competition, equilibrium occurs at the point at which quantity demanded and quantity provided are identical.
market equilibrium in this situation is a circumstance in which a marketplace fee is hooked up thru competition such that the quantity of goods or services sought by means of shoppers is identical to the number of products or offerings produced by sellers. This price is frequently known as the aggressive fee or market clearing fee and will have a tendency no longer to change unless demand or supply changes and quantity is referred to as the "competitive quantity" or market clearing amount. however, the idea of equilibrium in economics additionally applies to imperfectly competitive markets, where it takes the shape of a Nash equilibrium.
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Related Questions
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Answers
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
Prompt
What is division of labor?
Answers
Answer:
Division of labor is the idea that a large production-related task can be completed more efficiently by breaking it into smaller tasks and having each task completed by a specialist
Explanation:
Division of labor is the idea that a large production-related task can be completed more efficiently by breaking it into smaller tasks and having each task completed by a specialist
is
correct
2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.
Answers
Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.
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Demand elasticity is the extent to which a change in price causes a change in the quantity demanded
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True, demand elasticity is the extent to which a change in price causes a change in the quantity demanded.
How sensitive the quantity demanded is to a good's price is determined by its price elasticity of demand. Almost all goods see a decrease in quantity demanded as prices rise, but some goods experience this decrease more than others. When a product's price changes, its inelastic quantity remains constant.
When a price increases by 1% while holding all other factors constant, the price elasticity provides the percentage change in quantity demanded. Consumers' purchasing patterns are said to be inelastic if they remain relatively constant when the price of a good or service increases or decreases.
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Note that the full question is:
Demand elasticity is the extent to which a change in price causes a change in the quantity demanded. True or False?
expense that does not change on a monthly basis:
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Which of the following are the factors that should be considered when identifying appropriate savings vehicles? Check all that apply. The level of past interest rates Your preference of higher risk and higher returns or low risk and low returns. The length of time you would need to use the savings.
Answers
Your preference of higher risk and higher returns or low risk and low returns. The length of time you would need to use the savings these should be considered . Option B and C are correct .
While high-risk investments may offer higher returns than other types of investments, they also put your money at greater risk. This indicates that high-risk investments have the potential to yield high returns if everything goes according to plan. Options, penny stocks, and leveraged exchange-traded funds are examples of high-risk, high-return investments. In general, individual investment positions' risks are lessened by a diversified portfolio.
A higher risk is associated with a greater likelihood of a higher return, while a lower risk is associated with a greater likelihood of a lower return.
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Complete question as follows :
Which of the following are the factors that should be considered when identifying appropriate savings vehicles? Check all that apply.
A. The level of past interest rates
B. Your preference of higher risk and higher returns or low risk and low returns.
C. The length of time you would need to use the savings.
White says, “Millions of boomers did not land here because of too many trips to Starbucks.” Explain this statement. What conditions led to boomers ending up in with financial issues?
Answers
Answer:
They dealt with decades of flat and falling wages, disappearing pensions, and high costs on housing, education, and health-care.
Explanation:
You are managing a project to build an urgent care clinic. Your company is expanding and has constructed 25 clinics so far. Which estimating technique makes the most sense to use in this situation?
Answers
Answer:
Delphi technique
Explanation:
The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision
Therefore in the given case, the delphi technique is used
Need Help ASAP
How do you demonstrate independence and initiative in your daily life? Discuss examples. Write 4 sentences. First, define the terms: independence & initiative. Then give me examples of each.
Will give brainly.
Answers
Answer:
I. Never stand still
2. Do more than is Required of you
3. Think as a team Member, Not an Employee
4 Speak up and share your ideas
5 Fake it till you make it
6. Consider every opportunity
7. Always be prepared
8. Be Self-Pronotional
Explanation:
Hope this helps! Tell me if I'm wrong. If thai Helps Give me brainly.
Rollins Company accumulates the following adjustment data at December 31 . (a) Service revenue eamed but unbilled totals $600. (b) Store supplies of $300 are on hand. Supplies account shows $1,900 balance. (c) Utility expenses of $275 are unpaid. (d) Service revenue of $490 collected in advance has been eamed. (e) Salaries of $800 are unpaid. (f) Prepaid insurance totaling $400 has expired. Instructions (a) Prepare journal entries for each of the events above. (b) Indicate the type of adjustment (prepaid expense, uneamed revenue, accrued revenue, or accrued expense). Problem 3. In its first year of Operations Buddy Company earned $28,000 in service revenue, $6,000 of which was on account and still outstanding at year-end. The remaining $22,000 was received in cash from customers. The company incurred operating expenses of $14,500. Of these expenses $13,000 were paid in cash; $1,500 was still owed on account at year-end. In addition, Buddy prepaid $3,600 for insurance coverage that would not be used until the second year of Operations. Instructions (a) Calculate the first year's net earnings under the cash basis of accounting, and calculate the first year's net earnings under the accrual basis of accounting. (b) Which basis of accounting (cash or accrual) provides more useful information for decision makers?
Answers
(a) The first year's net earnings under the cash basis of accounting is $9,000.
(b) The first year's net earnings under the accrual basis of accounting is $13,500.
Accrual basis of accounting provides more useful information for decision makers.
Journal entries for the events above are as follows:
(a) Debit: Service Revenue Accounts Receivable $600 Credit: $600
(b) Debit: Supplies Expense Supplies $300 Credit: $300
(c) Debit: Utility Expense Accounts Payable $275 Credit: $275
(d) Debit: Unearned Service Revenue Service Revenue $490 Credit: $490
(e) Debit: Salaries Expense Salaries Payable $800 Credit: $800
(f) Debit: Insurance Expense Prepaid Insurance $400 Credit: $400
The types of adjustments are as follows:
(a) Unearned revenue
(b) Prepaid expense
(c) Accrued expense
(d) Accrued revenue
(e) Accrued expense
(f) Prepaid expense
In its first year of operations, Buddy Company earned $28,000 in service revenue. $6,000 of the revenue was on account and still outstanding at year-end, while the remaining $22,000 was received in cash from customers. The company incurred operating expenses of $14,500, with $13,000 paid in cash and $1,500 still owed on account at year-end. Additionally, Buddy prepaid $3,600 for insurance coverage that would be used in the second year.
(a) The first year's net earnings under the cash basis of accounting is $9,000.
(b) The first year's net earnings under the accrual basis of accounting is $13,500.
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what type of cost remains the same per unit at every level of activity?
Answers
Answer:
A variable cost
Explanation:
A variable cost remains the same per unit at every level of activity.
I hope this helps.
true/false. nested tags automatically adopt the properties of tags that are higher in the tag structure.
Answers
False. In HTML and XML, nested tags do not automatically adopt the properties of tags higher in the tag structure.
Each tag's properties and behaviors are defined independently, and nesting tags only affects their hierarchical relationship, not their inherent properties. The properties of a nested tag are typically specified separately within its own tag definition or through cascading stylesheets (CSS).
In HTML and XML, each tag has its own set of properties and behaviors defined by its associated element type or defined explicitly through attributes. While nested tags create a hierarchical structure, they do not inherently inherit the properties of their parent tags. Instead, specific properties can be applied to nested tags through CSS, which allows for cascading styles from higher-level tags. This separation of properties and behaviors provides flexibility in designing and styling web content.
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. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answers
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
What does it mean to invest your own risk?
Answers
What is institutional advertising focused on promoting?
A. A company
B. The Internet
C. A service
D. A good
Please select the best answer from the choices provided
Answers
Answer:
Product advertising focuses on promoting specific individual products while institutional advertising focuses on your overall brand
Answer:
A. A company
Explanation:
Right on EDGE 2021
How is net pay different from gross pay? Someone please answer in at least 4 sentences explaining! Will be marking brainiest.
Answers
Employee's gross pay is their compensation before taxes, benefits, and other payroll deductions are subtracted. After all, withholdings are removed, net pay, also known as take-home pay, is the amount left over.
What are Gross pay and Net pay?The gross pay of an employee is the amount earned before taxes, benefits, and other payroll deductions are removed from their compensation. Net pay is the amount left over after all withholdings are removed.
Your net salary, often known as your take-home pay, is the amount of money you get after all deductions. The CTC is reduced by income tax, professional tax, Public Provident Fund (PPF), and other deductions. The net wage is frequently lower than the gross wage.
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HELP ME PLEASE************
Answers
Answer:
The 1st one because I would want the product to be okay for me to use and not under pay for something that will harm me.
Explanation:
It is just plain facts!!!
espn allows users of its website to create a landing page that will always display favorite team scores and stories when they visit. espn uses the consumer-initiated practice of
Answers
ESPN's use of allowing users to create a landing page that displays their favorite team scores and stories when they visit is an example of the consumer-initiated practice of personalization.
Personalization is a marketing strategy that aims to tailor the content and experience to individual users based on their preferences, behavior, or demographic information. In this case, ESPN is providing users with the ability to customize their landing page to show content related to their favorite teams. By doing so, ESPN enhances the user experience and delivers relevant information that aligns with the user's interests.
This consumer-initiated practice of personalization empowers users to take control of their online experience and receive content that is specifically relevant and appealing to them. It helps to create a more engaging and personalized relationship between the user and the website, ultimately increasing user satisfaction and loyalty.
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Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answers
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
Explain the essential differences between capital adequacy ratios, leverage ratios and liquidity coverage ratios as applied in the Basel III accord.Now suppose that ABC bank has RWEA=59mio EUR and CET1=Tier1=Total Capital=4mio EUR: would ABC meet Basel III capital requirements?
Answers
Based on the information provided, ABC Bank would not meet the Basel III capital requirements.
Capital Adequacy Ratios measure the ability of a bank to absorb shocks resulting from losses in its credit portfolio. Leverage Ratios measure the amount of debt that a bank has taken on relative to its capital.
Liquidity Coverage Ratios measure the ability of a bank to meet its liquidity needs over a 30-day time horizon. In the Basel III Accord, each of these three ratios has specific requirements and thresholds that must be met.
Capital Adequacy Ratios require banks to maintain a minimum ratio of capital to risk-weighted assets of 8%. Leverage Ratios require banks to maintain a ratio of Tier 1 capital to total assets of 4%. Liquidity Coverage Ratios require banks to maintain a ratio of liquid assets to total net cash outflows of 100%.
The bank’s Risk-Weighted Assets (RWEA) of 59 mio EUR is above the acceptable threshold of 8%, while its Combined Equity Tier 1 (CET1) of 4 mio EUR is below the required 4%. As such, ABC Bank does not have sufficient capital to meet the minimum requirements of the Basel III Accord.
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Drag each label to the correct location on the image. Not all tiles will be used.
How does a sick employee usually affect an employer or owner?
Answers
The ways that a sick employee usually affects an employer or owner are:
Reduces productivity Disrupts the work schedule Increases medical compensation costs How can a sick employee affect their employer ?When an employee is sick, the employer suffers because there will be reduced productivity in the office. This is because the employee might either not come in due to their being sick, or work really slowly if they do come in, for the same reason. As a result, productivity is lower.
Because productivity is lower, then the work schedule will be disrupted. For instance, if a certain deadline was to be met, it would become much more difficult to meet that deadline with the sick employee not being able to work as fast. The sick employee would then most probably have to go to a hospital or engage in some activity that would be paid for by medical insurance. Should this happen, then the employer will see their medical compensation costs rise as their insurance premiums rise.
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How do budget deficits add to the national debt?
Answers
Answer:
They are spending more than what they have in the Federal budget causing the national debt to increase.
Explanation:
A government budget is considered to have a 'deficit' if the amount of money required to pay for all government programs is more than the amount of money that they have in their disposal.
When this situation happen, the government typically have two options. First is to increase the tax rate that the citizens have to pay in order to increase their budget. The second is they can borrow the required difference from another country. This what cause the increase in the national debt.
A job ________ describes the content, environment, and conditions of employment, whereas a job ________ states the minimum qualifications a person must possess to successfully perform the job.
Answers
A job description describes the content, environment, and conditions of employment, whereas a job specification states the minimum qualifications a person must possess to successfully perform the job.
Job analysis is a systematic process of gathering information about the nature of a job, qualities and qualifications needed for the job, physical and mental capabilities needed for the job, duties and responsibilities, physical and mental effort needed to perform a job, necessary skills needed to perform a job, working conditions and environment for a job, in order to describe the job description and job specification, for the hiring and selection of employees, and to improve the job.
Additionally, there are some outside sites that offer helpful advice on job hunting and resume writing; anybody can browse essay writing service reviews to see which companies offer the top services for writing an application essay or a CV.
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In order for a business to be really successful,
what is typically the best way for employees to
work?
a. as a team
b. competitively
c. independently
Answers
it would be a as a team I hope this helps
for each definition (or portion of a definition) in the first column, select the term that most closely applies. each term may be used only once or not at all.
Definition (or Portion)
a. Representations by management that are communicated, explicitly or implicitly, i n the financial statements.
b. A description of the nature, timing, and extent of the audit procedures to be performed.
c. An estimate of the time required to perform each step in the audit.
d. The purpose of this document is to avoid misunderstandings between the auditors and the client.
e. The risk of material misstatement of an assertion about an account without considering internal control.
f . At the overall engagement level, this is the risk that the auditors may unknowingly fail to appropriately modify their opinion on financial statements that are materially misstated.
g. An identified risk that requires special audit consideration.
h. A risk that threatens management's ability to achieve the organization 's objectives.
Term
Audit plan
Assertions
Audit risk
Representation letter
Business risk
Control risk
Engagement letter
Inherent risk
Significant risk
Survival risk
Time budget
Answers
Representations by management that are communicated, explicitly or implicitly, in the financial statements is Assertions. A description of the nature, timing, and extent of the audit procedures to be performed is Audit plan.
An estimate of the time required to perform each step in the audit is Time budget.
The purpose of this document is to avoid misunderstandings between the auditors and the client is Engagement letter.
The risk of material misstatement of an assertion about an account without considering internal control is Inherent risk.
At the overall engagement level, this is the risk that the auditors may unknowingly fail to appropriately modify their opinion on financial statements that are materially misstated is Audit risk.
An identified risk that requires special audit consideration is Significant risk.
A risk that threatens management's ability to achieve the organization's objectives is Business risk.
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Select the correct answer from the drop-down menu.
Which option is an example of verbal communication?
A --------- is an example of verbal communication.
smile
letter
handshake
Answers
Answer:
its a .............................letter
Explanation:
A handshake is an example of verbal communication. Thus, option C is correct.
What is verbal communication?Verbal communication is when you or another person speaks out while expressing yourself verbally. However, nonverbal communication is the exchange of information through actions, reactions on the face, and facial expressions.
When you shake hands with someone, you are expressing your warm welcome and full focus. We communicate nonverbally to convey our intentions, identities, beliefs, and various cultural approaches.
Nonverbal communication includes gestures like signaling, winking, hand-shaking, physical separation, and emotions on the face, among others. This is a major change that comes in the way a person is communicating.
Therefore, option C (handshake) is the correct option.
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Why is it important to draw a line up to the word DOLLARS when writing the amount of a check in words?
a)Large letters are easier to read
b)The bank will not cash the check unless you draw the line
c)It's safe way to prevent someone other than you from changing the amount
Answers
c. It's safe way to prevent someone other than you from changing the amount Writing the dollar amount in words is important for a bank to process a check as it confirms the correct payment total.
The official money of the United States of America is the USD (United States dollar). It is distinguished from other currencies based on the dollar by the symbol $ or US$. The most common currency used in transactions worldwide is the U.S. dollar, which is regarded as a standard. Additionally, numerous nations outside of the United States utilise it as their official currency, and many more use it in addition to their own as an unofficial currency.
You can use the check register in your chequebook when you write a check, spend cash, or deposit money into your checking account. This part of your chequebook is intended to serve as a recorder of all of your financial transactions, including check writing, debit card purchases, online purchases, ATM withdrawals, and online transactions.
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a company exchanged old equipment and $17,400 cash for similar equipment. the book value and the fair value of the old equipment were $81,400 and $90,700, respectively. assuming that the exchange lacks commercial substance, the company would record a gain(loss) on exchange of assets in the amount of:
Answers
The loss on the exchange of assets would be -$26700.
Based on the information provided, the company exchanged old equipment and cash for similar equipment with a fair value of $90,700. The book value of the old equipment was $81,400, which means that the company had a net book value of $81,400 - $17,400 = $64,000 before the exchange.
Since the exchange lacks commercial substance, the company cannot recognize a gain on the exchange. Instead, the company needs to recognize a loss on the exchange. The loss is calculated as the difference between the net book value of the old equipment and the fair value of the new equipment. Therefore, the loss on the exchange of assets would be $64,000 - $90,700 = -$26,700.
It's important to note that even though the company is recognizing a loss on the exchange, the new equipment has a higher fair value than the old equipment, which could be beneficial to the company in the long run. Additionally, the company may have made the exchange for other strategic reasons, such as upgrading their equipment or consolidating their operations.
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the store where you bought new home furnishings offers you two alternative payment plans. the first plan requires a $4,000 immediate up-front payment. the second plan requires you to make monthly payments of $137.41, payable at the end of each month for 3 years. what nominal annual interest rate is built into the monthly payment plan? (hint: find the periodic interest rate first, i.e. monthly interest rate, then find the nominal interest rate.)
Answers
The monthly payment schedule includes a nominal yearly interest rate of 14.4%.
E is equal to P*r* (1 + r)/(1 + r)(n - 1).
where:
E stands for equated monthly installment (EMI).
The Principal is p.
The nominal rate is r.
n represents number of periods.
$137.41 = $4,000*r* (1 + r)36/(1 + r)^36 -1)
Hence, r = 14.4% P.A
Consequently, the monthly payment plan's nominal annual interest rate is 14.4% p.a.
The interest rate prior to accounting for inflation is referred to as the nominal interest rate. The term "nominal" can also apply to the advertised or quoted interest rate on a transaction, which excludes any fees or interest compounding.
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factorise the following3x^2-18 +24
Answers
Answer:
it's 3(x^2-2) bcoz -18-24= -6 and 3 is divisible into 6 twice