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KatRina [158]
2 years ago
13

Suppose a 30-year fixed-rate mortgage loan was issued at a nominal interest rate of 5.5% when the expected inflation rate was 2.

5%. Eight years later, the actual inflation rate was 4%. After eight years, the real interest rate was _____ and _____ benefited from the actual inflation rate being higher than expected.
Business
1 answer:
antiseptic1488 [7]2 years ago
3 0

Answer:

7.5 and people will benefit

Explanation:

the more the inflation goes high the more the interest rate move forward and values high

You might be interested in
The percent yield of product is calculated by:________.
Anuta_ua [19.1K]

Answer:

percent yield graphic

Explanation:

Percent yield defines that it is the ratio of the percentage of actual yield to the yield of theoretical.

To compute the percent yield of the product we simply divided the actual yield by yield of theoretical and after the result we do the multiply with 100 to get the result in percentage form. In this case,, if we found that actual and theoretical yield is similar then the percentage of yield will be 100 percent.

5 0
3 years ago
In year 1, X Company recognized an impairment loss on the trade name for its beverage product, reducing the carrying value from
ziro4ka [17]

Answer:

The value of the intangible will remain at $350,000

Explanation:

The reason is that the International Accounting Standard IAS-36 says that once the impairment is recognized for the intangible assets it can not be reversed which means that the amount reported would be $350,000. The reason is that it is very rare that the asset gain its value and specially those which are intangible assets. Most of the management in the 1990s-2000 tried to recognize a gain on impairment which was unjustifiable to increase their profits for the period so the standard specifically didn't permitted gain on a previously impaired asset.

6 0
3 years ago
Lyle founded a salsa manufacturing plant in his hometown of El Paso, Texas. Sales have been good, and demand for his products ha
Bumek [7]

Answer:

broker

Explanation:

Based on the information provided about Tim it seems that Tim's description shows that he is most likely a broker. This term refers to an individual that arranges specific transactions, usually between a buyer and a seller. Which in this situation it seems that he has brokered a lot of deals with people in the food industry which is why he has a lot of connections in this market and is able to help Lyle find buyers for his salsa.

6 0
3 years ago
What are two things you need to maintain if you assist a person with banking and bill paying?
Anton [14]

Answer:

transaction record and a reconciliation of the transactions

An adequate bank balance and a budget.

Legal guardianship of the person and power of attorney

Your documentation as payee for the person you support and the bankbook

8 0
4 years ago
what is the book value of the property, plant, and equipment? remember: book value is cost minus accumulated depreciation. annua
prohojiy [21]

Book value is cost minus accumulated depreciation is the book value of the property, plant, and equipment.

What is Depreciation?

Depreciation is frequently mistaken to mean that something is merely losing value or that a computation is made for tax purposes. Although it is a complicated subject, depreciation plays a significant role in your company's tax returns. Read on to find out what depreciation is, how it's calculated, and how your business can be impacted by your depreciation estimate.

Two key components make up depreciation. The first factor is the asset's value dropping over time. The second consideration is spreading out the initial cost of an expensive asset over the time you utilise it.

The projected useful life of an asset, or how long it may be utilised, determines the number of years over which it is depreciated.

To know more about Depreciation visit:

brainly.com/question/29376548

#SPJ4

5 0
1 year ago
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