This year on the first Saturday of December, falling on December 4 this year
<span>The part of the shore that extends seaward from the low tide shoreline to the low tide breaker line is known as the </span>Nearshore.
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Option D</u></h3>
Every penny spent on a good or service must end up as someone's income so the total value of production in an economy equal the total value of income
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Explanation:</u></h3>
The circular flow model describes how cash flows through society. Cash moves from yielders to workers as payments and runs back to yielders as cash for products. Since all the value created must refer to someone in the class of a request on the value, the national product is equivalent to national income.
Each action in an economy comprises a buyer and a seller. Households spend cash for acquiring goods and services exhibited. Firms make a production settlement. Households are employing units which incorporate output created in the business firms
Answer:
$7,600
Explanation:
The computation of cash paid on July 1 to the bondholders is shown below:-
cash paid on July 1 to the bondholders = Par Value × Semi annual coupon rate
= $190,000 × 6 months ÷ 12 months × 8%
= $190,000 × 0.5 × 0.08
= $7,600
We considered the 6 months as semi-annually is mentioned in the question
Therefore for computing the cash paid on July 1 to the bondholders we simply applied the above formula.
Answer: 2.67%
Explanation:
Periodic interest rate refers to the Annual Percentage Rate (APR) converted to the periods in question. It is calculated by dividing the APR by the number of periods it is to be converted to.
If for instance a monthly periodic rate is needed, divide APR by 12 as there are 12 months in a year.
If it is a daily periodic rate needed, divide the APR by 365 as that is the number of days in a year.
This question is asking for a monthly periodic interest rate:
= 31.99% / 12
= 0.026658
= 2.67%
