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2 years ago

10

Question Mode Multiple Choice Question The total interest that accumulates over time on both the principle money deposited and a

ccumulating interest in an interest-bearing savings account is known as ______ interest.

1 answer:

Dvinal [7]2 years ago

6 0

It’s know as the bank

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What does the federal reserve board of governors control

sleet_krkn [62]

<span>The Federal Reserve System, the central bank of the United States, conducts the nation's monetary policy, supervises and regulates banks, and provides a variety of financial services to the U.S. government and to the nation's banks. The Federal Reserve System is supervised by the Board of Governors.
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3 years ago

What is the role of the Federal Reserve in the U.S. economy?

lys-0071 [83]

Answer: The correct answer:

A. Managing monetary policy.

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2 years ago

If a 30% change in the price of grape soda leads to a 45% change in quantity demanded, then what is the price elasticity of dema

Kaylis [27]

2 grape sodas the price of it is 10 dollars

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3 years ago

Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer

dalvyx [7]

Answer:

9.61%

Explanation:

Computation for the weighted-average interest rate

Using this formula

Weighted-average interest rate=Total Interest amount /Total Principal amount

Particular Principal Interest

9%, 5-year note payable $2,088,000 $187,920

10%, 4-year note payable $3,308,700 $330,870

Total $5,396,700 $518,790

Total Principal amount =$5,396,700

Total Interest amount =$518,790

Let plug in the formula

Weighted-average interest rate=$518,790/$5,396,700

Weighted-average interest rate=0.0961*100

Weighted-average interest rate=9.61%

Therefore Weighted-average interest rate is 9.61%

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3 years ago

The gains from trade are Group of answer choices a. evident in economic models, but seldom observed in the real world. b. eviden

liubo4ka [24]

Answer:

The correct answer is letter "C": a result of more efficient resource allocation than would be observed in the absence of trade.

Explanation:

Trade has allowed societies to exchange their products according to their needs. Thanks to trade those goods are distributed accordingly more <em>efficiently </em>since, in isolation, countries would be specialists of certain types of products only which is unlikely to be enough to cover all the individuals' needs in those societies.

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3 years ago