1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lorico [155]
2 years ago
8

John, who has an inflation adjusted wage, would like to borrow a loan from the Bank of Titon. Suppose the inflation rate is pred

icted to be 8%. In order for the loan payments to be more favorable to John, the interest rate should be:
Business
1 answer:
inna [77]2 years ago
6 0

In order for the loan payments to be more favorable to John, the interest rate should be:6%.

<h3>What is inflation?</h3>

Inflation occur when their is increase in the price of goods and services,

Based on the given scenario if the inflation rate is  8%. The best alternative is for John to receive the interest rate at 6% as this will enable the loan payment to favor him compare to 8% which is higher.

Therefore In order for the loan payments to be more favorable to John, the interest rate should be:6%.

Learn more about inflation here:brainly.com/question/777738

#SPJ1

You might be interested in
In the context of foreign market entry, ________ requires no equity investment and thus has a low risk, low rate of return, and
Oksanka [162]

it is B because franchising is the best option

7 0
3 years ago
Read 2 more answers
On June 30, 2018, Princeton Company paid $310,000 cash for all assets and liabilities of Streeter, which will cease to exist as
Vesnalui [34]
I don’t know what are you asking, is this multiple choice. Please explain more
4 0
3 years ago
Hadley Corporation issued 200,000 shares of $5 par value common stock for $25 per share. During that year, the corporation susta
kari74 [83]

Answer:

D : common stock of $1,000,000

Explanation:

Hadley Corporation

Issued shares × par value common stock

Issued shares 200,000

Par value common stock $5

Hence:

200,000 x $5

= $1,000,000

Therefore the year-end balance sheet would show a common stock.of $1,000,000

8 0
3 years ago
This year Mary received a $600 refund of state income taxes that she deducted on her tax return last year. Mary included a total
Mariulka [41]

Answer:

$600

Explanation:

If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.

5 0
2 years ago
If the firm had a pronounced seasonal sales pattern or if it grew rapidly during the year, how might that affect the validity of
Lerok [7]

Answer:If the firm had sharp seasonal sales patterns, or if it grew rapidly during the year, many ratios would most likely be distorted.

Explanation: Fluctuations in Economics patterns have distorting effects on the ratios of a company or an economy especially if the the seasonal patterns has been consistent for a certain period. THE VALIDITY OF MOST RATIOS ARE SEVERELY AFFECTED BY SHARP CHANGES WHICH MAKES ECONOMIC WATCHERS FEEL THE RATIOS ALREADY ANALYSED ARE NOT VALID.

A consistent flow pattern is desired in an economy and in business Organisation as it helps to give Economic watchers enough confidence in the ratios already existing.

4 0
3 years ago
Other questions:
  • An initial investment of $41,800 fifty years ago is worth $1,533,913 today. What is the geometric average return on this investm
    7·1 answer
  • During the year, Next Tec Corp. had the following cash flows: receipt from customers, $12,000; receipt from the bank for long-te
    11·1 answer
  • Which of the following items is required onboard a Personal Watercraft (PWC)?
    9·1 answer
  • _____ refer to all of the opportunity costs of using resources that belong to the firm.
    11·1 answer
  • Harry owes the bank money. To repay his debt, he paid 150 dollar sign, 150 back to the bank each month. After 10 months, his rem
    7·1 answer
  • Red Eye Shipping Inc. has purchased a business intelligence system. The main advantage of such a system is that it eliminates th
    13·1 answer
  • Rhone-Metro Industries manufacturers equipment that is sold or leased.
    9·1 answer
  • A production process has two workstations. The first workstation has a capacity of 200 units per hour and the second workstation
    11·1 answer
  • g One of the main differences between an oligopolistic firm and a monopolistically competitive firm is that a monopolistically c
    11·1 answer
  • If a building has 18,000 square feet of useable space and 2,000 square feet of common area, the rentable/useable factor would be
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!