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Answer:
=E7*C2/2
Explanation:
The interest expense will be the carrying value of the bond times the effective interest rate.
On cell C8 we have the interest expense
On E7 we have the carrying value which is the outstanding balance.
Then, on C2 we got the effective rate
As this is an annual formula, we must divide by two to convert to semiannual rate.
A file is attached for how the excel sheet looks like
Answer:
a. amount of the other good that must be given up.
Explanation:
The mix of two goods or services can be accomplished in the frontier of production possibilities when all available resources and technologies are fully efficient and used. This indicates a mix of the two resources to a maximum.
As we know that, the opportunity cost refers to the cost in which the best alternative is chosen among the available ones which can generate a better return so the one goods are considered while another cost is given up.
Answer:
CPI = 110
Explanation:
The consumer price index(CPI) measures the general change in prices for a basket of goods and services in an economy over time. The basket of goods and services is representative of consumer spending in the economy.
The formula for calculating CPI with a base year is as below.
consumer price index = <u>cost of the market basket in a given year </u> x100
cost of a market basket at the base
In this case,
CPI = $ 5500 x 100
$ 5000
CPI = 11 x 100
CPI =110
Answer:
The correct words for the blank spaces are: lowering; more.
Explanation:
In case firms have an excess of supply, they will rather sell their products at a lower price than keeping them stored for loss. According to the supply and demand theory, <em>if the prices decrease, so will the quantity supplied but the quantity demanded will rise</em>.
