Answer:
15.18%
Explanation:
Calculation for the nominal annual rate
First step is to find EFF% using this formula
EFF%=[1+(Nominal rate percentage/Numbers of months in a year )]^Numbers of months in a year
Let plug in the formula
EFF%=[1+(15%/12)^12
EFF%=(1+0.0125)^12
EFF%=(1.0125)^12
EFF%=1.1608×100%
EFF%=116.08%
Second step is to find Rnom compounding quarterly of 116.08% using this formula
Rnom compounding quarterly = (1+(R/4)^4
Let plug in the formula
Rnom compounding quarterly= (116.08%)^(1/4) Rnom compounding quarterly= 1+ R/4
Hence,
Rnom compounding quarterly = 15.18%
Therefore Anne Lockwood should quote her customers with Rnom compounding quarterly of 15.18%
Answer:
A house's average sale price went up by $47,000 for each full bath.
Explanation:
A descriptive statistic describes the result of an study using quantitative terms. While a logical inferential statistic makes feasible predictions using the data described by the descriptive statistic.
For example, a study showed that 70% of men prefer to go to work in the morning (descriptive statistic). The study showed that men are more likely to search for jobs in the morning shift (logical inferential statistic).
Answer:
we expect to experience both efficiency and effectiveness when interacting with organizations
Answer:
Rent expenbse 4,650 debit
Miscellaneous expense 4,650 credit
--to reverse the mistaken entry--
Rent expense 4,650 debit
Cash 4,650 credit
--to record the correct entry--
Account Pyable 3,700 debit
Accounts Receivables 3,700 credit
--to ammend mistaken entry--
Explanation:
We have two approachs to solve for accoutning mistakes, the first is to reverse the incorrect entry and then record the entry in a proper manner.
(like on A)
The second method is to do adjustment to fix it like on b
the mistake was to use accounts payable therefore, we write-off that and credit the correct account which is accoutns receivables
Answer:
what will happen to the output is that it will decrease due to less consumers and less money to find production, price levels drop(deflation) so will unemployment increase in the shelter on due to no jobs or money to create
