Answer:
6.22%
Explanation:
Price of sandwich four years ago, Present value = $5.49
Price of sandwich, Future value = $6.99
It is given that the inflation has been assumed to be constant over these four years.
Inflation rate refers to the rate at which prices of the good increases from the previous level. In a simple language, if there is a rise in the price of the goods then this economy is experiencing a inflation.
Inflation rate:
![=(\frac{Future\ value}{Present\ value}) ^{\frac{1}{n} } -1](https://tex.z-dn.net/?f=%3D%28%5Cfrac%7BFuture%5C%20value%7D%7BPresent%5C%20value%7D%29%20%5E%7B%5Cfrac%7B1%7D%7Bn%7D%20%7D%20-1)
![=(\frac{6.99}{5.49}) ^{\frac{1}{4} } -1](https://tex.z-dn.net/?f=%3D%28%5Cfrac%7B6.99%7D%7B5.49%7D%29%20%5E%7B%5Cfrac%7B1%7D%7B4%7D%20%7D%20-1)
= 1.0622487 - 1
= 0.0622487 or 6.22%
Therefore, the inflation rate is 6.22%
Answer:
Positive:
-Managing money
-Saves money for other things
Negative:
-May be hard to budget if you need a lot
Hope this helps! These are just what come to mind in my opinion.
If I'm correct-- by outdoor advertising do you mean commercials and ads encouraging people to go outside?
Manjiro presents a sword and short knife to his friend. The way that he and his friend talk about them show that they are important in Japanese culture.
mark me brainlist plz
Answer:
Animeat should access a flexible line of credit.
Explanation:
While it is common knowledge that businesses including those that are profitable would at one time or another have cash flow problems, yet it is pertinent for business owners and managers to always plan ahead against lack or shortage of cash flow as such could lead to total collapse of the business or customers/suppliers loss.
With regard to the above scenario, I would suggest Animeat access a flexible line of credit like invoice finance,overdraft facilities or short term business loan etc, inorder to meet up with it's food supply when the time comes. This would give the business quick access to funds/cash hence cushion the effect of cash flow problem during the predicted time.
The most important source of finance is to find the one that suit the business need and in which interest payment will be seamless so that available cash will not be depleted.