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2 years ago

What is the real value of your savings if the price level increases by 6 percent for the year?

Business

1 answer:

Feliz [49]2 years ago

5 0

The real value of your savings if the price level increases by 6 percent for the year will be $5,660.

If the price level increases by 6%, then the year-end price level index would be 106.

Real value of savings = 6,000 * (100 / 106) = $5,660

The charging stage is the average of contemporary costs across the whole spectrum of products and services produced in an financial system. In extra preferred phrases, price level refers back to the rate or value of an excellent, service, or security in the financial system.

the general rate level is a hypothetical degree of average expenses for some set of products and services, in an economic system or monetary union for the duration of a given c program language period, normalized relative to some base set. Generally, the overall price degree is approximated with a each day charge index, commonly the Daily CPI.

We are able to think of this charge level for a basket of products as a popular fee index that is created from diverse items and services within the USA. For instance, the customer price index (CPI) within America is a representative rate degree for a basket of goods.

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What makes the demand for u. s. dollars change? in world demand for u. s. exports ______ the demand for u. s. dollars. a in the

stich3 [128]

Increasing world demand for U.S. exports increases the demand for U.S. dollars. A rise in the U.S. interest rate differential increases the demand for U.S. dollars.

The official money of the United States of America is the USD (United States dollar). One hundred cents make up one dollar, often known as the U.S. dollar. It is distinguished from other currencies based on the dollar by the symbol $ or US$.

A country's currency will be in great demand if its exports exceed its imports since more people will want to buy its products. According to supply and demand economics, prices increase and the value of the currency increases when demand is high. Generally speaking, a country's currency will appreciate at higher interest rates. Higher interest rates frequently draw foreign investment, which raises both demand for and the value of the currency of the host nation.

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2 years ago

Suppose you are committed to owning a $215,000 ferrari. if you believe your mutual fund can achieve an annual return of 10.8 per

Pie

Answer: I must invest <u>$85424.14</u> today in order to buy a Ferrari nine years from now on the day I turn 30.

We have

Price of the Ferrari nine years from now (Future Value - FV) $215000

Expected Rate of return on the mutual fund (r) 10.8%

Time until I turn 30 (n) 9 years

We can calculate the Present Value (PV) or the money to be invested today as

$\mathbf{PV = \frac{FV}{(1+n)^{n}}}$

$PV = \frac{215000}{(1+0.108)^{9}}$

$\mathbf{PV = 85424.14022}$

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3 years ago

_____ is a comprehensive process to analyze data and produce outputs that can inform decision making.

Svetradugi [14.3K]

<u>Business Analysis</u> is a comprehensive process to analyze data and produce outputs that can inform decision-making.

<h3>What is Business Analysis?</h3>

Business analysis is the collection of duties, skills, and methods needed to pinpoint business requirements and come up with solutions to enterprise-level problems. Although the general definition is identical, many sectors may have different practices and methods. In the information technology sector, systems development is a common component of solutions, but they can also incorporate process optimization or organizational change.

Business analysis can also be carried out to comprehend how a firm is doing right now or to serve as a foundation for identifying business needs. Business analysis is typically carried out to define and validate solutions that satisfy business demands, objectives, or goals.

Thus, Business Analysis is a comprehensive process to analyze data.

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6 0

1 year ago

What is a credit card balance

QveST [7]

That's the amount of charges owed to the credit card company.

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3 years ago

Read 2 more answers

Bellbird Corporation acquired an 80% interest in Honey Inc for $130,000 on January 1, 2014, when Honey had Capital Stock of $125

Lyrx [107]

Answer:

$15,750

Explanation:

The computation of the net income reported by two methods is shown below:

= Income from Corporal + Non-controlling interest income

= $12,600 + $3,150

= $15,750

Or we can one thing also

= Income from Corporal ÷ acquiring percentage

= $12,600 ÷ 80%

= $15,750

All other information that is mentioned in the question is not relevant. Hence, ignored it

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4 years ago