Answer:
14%
Explanation:
The computation of the tvom in percentage form is shown below:
Today price × (1 + interest rate) = Future value
$5,000 × (1 + interest rate) = $5,700
(1 + interest rate) = $5,700 ÷ 5,000
(1 + interest rate) = 1.14
So, the interest rate
= 1.14 -1
= 0.14 or 14%
Hence, the interest rate or TVOM i.e times value of money is 14%
Proponents of zero inflation say that a successful program to lower inflation gradually reduces inflation expectations.
A program is a set of instructions that a computer employs to perform a certain purpose. A program is analogous to a computer recipe. It includes a list of materials as well as instructions that inform the computer how to complete a certain task. Specific programming languages, such as C++, Python, and Ruby, are used to construct programs. These are high-level programming languages that are both human-readable and writable. Compilers, interpreters, and assemblers within the computer system transform these languages into low level machine languages. Assembly language is a low-level language that is one step beyond machine language and may technically be written by a person, however it is usually much more cryptic and complex.
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Answer:
14.06%
Explanation:
Assume their is a cash out flow today of $100000, and next four year annual cash inflow of 10000 and 120000 at the end of year 4.
We can use IRR formula to find the interest rate.
year cashflow
0 -100000
1 10000
2 10000
3 10000
4 130000
IRR 14.06%
The calculation has been done on excel sheet
Answer:
If the money wage rate increased from $40.00 to 45.24 and hour and consumer prices rose by 16%, we would expect _______ people to try to find a job and employed people to want to work _______ hours.
a. more; longer.
The____ would _____.
b. quantity of labor supplied; increase.
Explanation:
Generally, when wage rates increase, this will led to an increase in the inflation rate. The problem is what happens if wages increase less than the inflation rate. This means that real wages will actually decrease once we adjust them to inflation. This will cause more people trying to get a job or working longer hours just to be able to pay for the same amount of goods as before.
In this example, the wage rate increased by 13.1%, but the inflation rate increased by 16%, so real wages decreased.
Answer:
Bilateral Contract
Explanation:
A bilateral contract is an agreement between two parties in which each side agrees to fulfill his or her side of the bargain.
The bilateral contract is the most common kind of binding agreement. Each party is both an obligor (a person who is bound to another) to its own promise, and an obligee (a person to whom another is obligated or bound) on the other party's promise. A contract is signed so that the agreement is clear and legally enforceable.
In this case Windsor promises to pay $375 and Gary promises to deliver 20 pounds of cheese.
