N 50
I/YR 7.5%
PMT $0
FV $20,000
PV $537.78
Interest rates and discount rates are interest rates that apply to borrowers and savers who pay or receive interest on savings or loans. Interest rates are determined by market interest rates and other factors that need to be considered, especially when lending funds.
Interest rate is the interest rate applied when depositing or borrowing funds at a bank or financial institution. Interest rates are usually expressed as annual interest rates.
The discount rate is the cost of capital applied to determine the present value of future payments. The discount rate is widely used when evaluating investment projects. It tells us how much money we will receive in the future is worth now.
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Nominal GDP recently decreased by 2% following contractionary fiscal policy. Meanwhile, the price level decreased by 7%. What is the real GDP growth rate during this period
During this time, the real GDP has grown by 5%.
What is the gross national product?The gross domestic product (GDP) is the total monetary or market value of all finished products and services produced within a country's borders during a specific time period (GDP). Because it is a broad indicator of total domestic production, it provides an exhaustive evaluation of the state of the economy in a particular country.
GDP can be computed on a quarterly basis, despite the fact that it is frequently done on an annual basis. For instance, both for the entire year and for each fiscal quarter, the US government estimates annualized GDP. The fact that each piece of information in this report is presented in real terms suggests that it has already been adjusted for price fluctuations and inflation.
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A firm's opportunity costs of production are equal to its a. explicit costs only. b. implicit costs only. c. explicit costs implicit costs total revenue. d. explicit costs implicit costs.
A firm's opportunity costs of production are equal to its implicit costs only.
What is opportunity cost?Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is the loss of potential gain from other alternatives when one alternative is chosen.
Implicit cost is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent.
Hence, a firm's opportunity costs of production are equal to its implicit costs only.
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you have a credit card and the average balance on that card, year after year, is $4,000. The credit card company charges 21% annual intrest on your average balance, how much extra money would you have to invest each year if you weren’t paying intrest on that credit card debt?
A. $117
B. $840
C. $273
D. $791
The amount of $840 will be extra money one will have to invest each year if you are not paying interest on that credit card debt.
What is a credit service?This is a loan service provided by credit firm to an individual, business etc which is expected to be repaid with interest.
Extra money = $4,000 * 21%
Extra money = $840
Therefore, the Option B is correct.
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2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition
Answer:
Eventually prices will equalize at all five lemonade stands.
Explanation:
Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.
The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.
Also, there is little or no barriers to entry for lemonade sellers.
A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
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Tom to a job at a grocery store during his summer break. At the end of the summer,
he managed to save $5,500. Tom would like to purchase a new tv for his room, while his
parents have advised him to open a savings account. A new savings account ears 2
percent interest per year. If Tom chooses to purchase the television instead, what is the
marginal cost or marginal benefit after one year? To calculate the marginal cost or
benefit you determine the total benefit of the option that was not taken. Hint: Multiply the
total dollar amount by the annual interest rate in order to determine the interest earned
after one year.
Answer:
the answer is
if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year
Answer:
if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year
Which of the following best defines someone's capacity?
O Their prior record of paying bills and paying off debts
O Their ability to repay a loan
O Items attached to a loan that may be seized if they fail to repay
O Undocumented loans they received from friends and family members
Answer:
Their ability to repay a loan
Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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____ is The most familiar form of electronic banking, which dispenses cash, accepts deposits, and allows balance inquiries and cash transfers from one account to another.
ATM (Automated Teller Machine) is the most familiar form of electronic banking that fits the description provided. ATMs are self-service machines found in various locations such as banks, shopping centers, and convenience stores, offering a range of banking services to customers.
ATMs provide convenience and accessibility to account holders by allowing them to perform various transactions without visiting a physical bank branch. Users can withdraw cash from their accounts, deposit funds, check their account balances, and transfer money between accounts. Some ATMs also enable additional functionalities like purchasing prepaid services, printing mini-statements, and updating account information.
ATMs are designed to be user-friendly, with a screen interface and keypad for inputting commands and PINs. The machines are connected to the banking network, which enables real-time communication and verification of account details.
These electronic banking devices have become a ubiquitous part of modern banking, offering round-the-clock availability and enhancing customer convenience. The widespread use of ATMs has revolutionized the way people access and manage their finances, providing a quick and efficient means of conducting basic banking transactions without the need for direct interaction with bank staff.
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A perfect price discriminating monopoly a. decreases total welfare. b. captures all consumer surplus. c. increases market inefficiency. d. creates deadweight loss
A perfect price discriminating monopoly captures all consumer surplus.
In the market, perfect price discrimination, occurs when a firm charges a different price for every unit which is consumed. Thus, this way the firm is able to charge the maximum possible price for each unit which enables the firm to capture all available consumer surplus just or itself.
Price discrimination does not eliminate consumer surplus altogether, but it does allow a company to increase its profit margin on the subset of its consumer base. However, a consumer surplus occurs when price that consumers pay for a product is less than the price they are willing to pay.
Hence, option B is correct.
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Waylon is back-to-school shopping with his mom at a large department store. He’s picked out the following items: 3 pair of pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1 hoodie for $26, 1 pair of shoes for $37. When they get to the register, they see this sign:
Answer: uhhhh
Explanation:
Answer: Waylon's Purchase will cost $198.05, and section B depends.
Explanation: Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.
Difference between business and trade
Answer:
business is the entire enterprise of making, selling, and controlling the production of goods, while trade, a narrower activity, involves only the buying and selling of goods. Trade is a part of business, but business is not the same as trade. ... Trade usually refers to imports and exports.
Is the following an example of a Temporary or Permanent Account?Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000.
Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000. This is an example of permanent account.
The balances that accumulate over time are recorded in permanent accounts. Records of sales is an illustration of super durable records. Assets, liabilities, equity, accounts payable, inventory, and investments are additional examples of permanent accounts.
An account whose balance does not reset to zero at the end of the accounting period is called a permanent account, also known as a real account. Instead, the balance stays the same throughout each accounting period. Asset, equity, and liability accounts are the most common types of permanent accounts.
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How do I do this? I think I know how But I am not 100% sure! Thanks in advance! I will mark answer the Branliest! Calculate the break-even level of customers needed.
Answer:
Break-even point in unit = 250 units
Explanation:
Given:
Fixed cost = $500
Variable cost = $2
Number of customer = 325
Sales amount = $4
Find:
Break-even point
Computation:
Break-even point in unit = Fixed cost / (SP - VC)
Break-even point in unit = 500 / ($4 - $2)
Break-even point in unit = 250 units
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Laurel contributed equipment worth $200,000, purchased 10 months ago for $250,000 cash and used in her sole proprietorship, to Sand Creek LLC in exchange for a 15 percent profits and capital interest in the LLC. Laurel agreed to guarantee all $15,000 of Sand Creek’s accounts payable, but she did not guarantee any portion of the $100,000 nonrecourse mortgage securing Sand Creek’s office building. Other than the accounts payable and mortgage, Sand Creek does not owe any debts to other creditors.a. What is Laurel’s initial tax basis in her LLC interest?
b. Laurel’s holding period in the partnership interest begins the day the LLC interest is acquired. True or False?c. What is Sand Creek’s initial basis in the contributed property?
d. What is Sand Creek’s holding period in the contributed property?
Answer: See explanation
Explanation:
a. What is Laurel’s initial tax basis in her LLC interest?
This will be the addition of the $250,000 basis for the equipment, accounts payable of $15,000 and also the $15,000 (15% × $100,000). This will be:
= $250,000 + $15,000 + $15,000
= $280,000
b. True.
Laurel’s holding period in the partnership interest begins the day the LLC interest is acquired. This is due to the fact that the asset contributed isn't a section 1232 asset. The reason for this is due to the fact that the asset was used for a year or less.
c. Sand Creek’s initial basis in the contributed property is $250,000.
d. Ten months.
Sand Creek’s holding period in the contributed property will be 10 months.
To become a successful entrepreneur, you should:
Select one:
O Prepare to risk all of your family assets.
O Plan to quit your job before starting.
O Choose a business that is in a field you enjoy.
O Expect to put down a lot of money.
The Code of Professional Ethics established by the American Institute of Certified Public Accountants states that accountants should be all of the following except a. honest b. outspoken c. independent d. objective
The Code of Professional Ethics established by the American Institute of Certified Public Accountants states that accountants should be all of the following except: b. outspoken.What is the American Institute of Certified Public Accountants (AICPA).
The American Institute of Certified Public Accountants (AICPA) is the world's largest organization for accounting and finance professionals, with over 400,000 members in 145 countries. The AICPA was established in 1887 to provide order to the US accounting profession and promote good practice. As an accounting professional, there are ethical standards and codes of conduct that must be followed in order to provide reliable and ethical accounting services and maintain the integrity of the profession.
The Code of Professional Ethics that was established by the American Institute of Certified Public Accountants states that accountants should be all of the following except outspoken. Being outspoken is not a necessary characteristic of a competent accountant. The other choices, honesty, independence, and objectivity, are required of all competent accountants.
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state any 5 tpyes of legal requirements that will be required to a business
Morse is a 50% partner in Ecco Partnership. Morse's tax basis in Ecco on January 2 was $4,000. Ecco did not have unrealized receivables, appreciated inventory, or properties that had been contributed by its partners. On December 31, Ecco made an $11,000 nonliquidating cash distribution to Morse. For the year, Ecco reported $10,000 of ordinary business income. What is the amount of the net capital gain realized by Morse from the cash distribution
Answer:
$2,000
Explanation:
Calculation for the amount of the net capital gain realized by Morse from the cash distribution
First step is to calculate the basis prior to the distribution
Basis prior to the distribution=[$4,000+(50%* $10,000)]
Basis prior to the distribution=$4,000+$5,000
Basis prior to the distribution=$9,000
Now let calculate net capital gain realized by Morse from the cash distribution
Net capital gain realized from cash distribution=($9,000-$11,000)
Net capital gain realized from cash distribution=$2,000
Therefore the amount of the net capital gain realized by Morse from the cash distribution will be $2,000
The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?
Answer:
There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.
The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:
There was a need to reduce the influence of the wealthyAccording to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.
As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.
With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.
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How do bonds earn income
Answer:
The owner of the bond receives interest payments, known as the coupon, throughout the life of a bond, at the interest rate that was determined when it was issued.
Explanation:
They are debt obligations, meaning that the investor loans a sum of money (the principal) to a company or a government for a set period of time, and in return receives a series of interest payments (the yield).
what does the A mean in smart
Answer:
attainable
Explanation:
specificmeasurableattainablerealisticand time boundwhat country is home to the world’s oldest continuously-operating business?
Answer:
Japan is the home to the worlds oldest operating Bush
What is insurance and premium
Which of the following may occur with a higher inventory turnover ratio?
-Reduction in inventory storage costs
- Reduction in obsolescence
A higher inventory turnover ratio indicates that a company is selling its inventory at a faster pace. This means that the company is managing its inventory efficiently and effectively. When a company has a higher inventory turnover ratio, it is likely to experience a reduction in both inventory storage costs and obsolescence.
Inventory storage costs refer to the expenses incurred by a company to store its inventory. These costs include rent, utilities, insurance, security, and other related expenses. When a company has a high inventory turnover ratio, it means that the company is selling its inventory quickly, which reduces the amount of time and space required to store the inventory. This, in turn, reduces the inventory storage costs for the company.Obsolescence refers to the situation when a company's inventory becomes outdated or irrelevant, and cannot be sold at the original price. This can result in a loss for the company. A higher inventory turnover ratio reduces the risk of obsolescence because the company is selling its inventory quickly, and there is less time for the inventory to become outdated or irrelevant. conclusion, a higher inventory turnover ratio can result in a reduction in both inventory storage costs and obsolescence. It is, therefore, beneficial for a company to have a higher inventory turnover ratio as it indicates efficient management of inventory.
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What phrase could a licensee use in advertising that would not discriminate on the basis of familial status
Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
A familial status discrimination is known to occurs when the landlord, manager or property owner treats someone very differently.
The other options clearly discriminate the familial status.
Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
Therefore, the Option is correct.
Missing options "Couples only Empty nesters No bicycles allowed Senior discount"
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Jamie is building a house on her lot. She invites Earnie of Earnie's Excavation to bid on the excavation job. Earnie observes that the lot next to Jamie's is also under excavation and the soil in that lot is normal and not excessively rocky. Based on the assumption that the soil in Jamie's lot will be similar, he and Jamie agree that the excavation will cost $3,000. When Earnie starts digging, he learns there is solid rock under Jamie's lot. Earnie says it will cost an extra $2,500 for the excavation work. Jamie agrees just to get the job done but later refuses to pay a dime more than $3,000. If Earnie sues, the most likely result would be
Answer: Earnie wins, as the modification was due to unforeseen difficulties
Explanation:
Based on the information given in the question, since Earnie wasn't aware of the fact that the soil was rocky and later got to know after the work has commenced, if Earnie sues, Earnie will win because the modification that is made is due to unforeseen difficulties.
It should be noted that there should be a consideration for an unforeseen difficulty which comes into place after a contract has been made. Unforseen difficulties are a catalyst for further promise.
What are the 4 steps in the process of stakeholder analysis?
Identification of the stakeholders, clarification of the interests and influence of stakeholders, agreement on the process of interaction between stakeholders, and management of the relationship with stakeholders are the four steps in the stakeholder analysis process.
Stakeholder analysis should be done carefully. It is a crucial factor in determining how effectively a project may be carried out and how effectively it is anticipated to produce outcomes. Your project is guaranteed to succeed if you have the correct internal and external stakeholders working in your favour.
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A reduction in the level of unemployment would have which effect with respect to the nation's production possibilities curve?
A. It would shift the curve to the left.
B. It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.
C. It would not shift the curve; it would be represented by moving from a point on the curve to a point to the right of the curve.
D. It would shift the curve to the right.
Answer:
B. It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.
Explanation:
Here the falling in unemployment represents that there is a movement with respect to the resources that are fully employed.
In this the unemployment means that it could be occured inner side of the PPF but if there is an increase, so the point of the production would be moved inner of the PPF to the PPF
Therefore the option B is correct