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
Bond [772]
2 years ago
5

True or false: when using the time value of money features of a financial calculator, you should key in the interest rate as a d

ecimal.
Business
1 answer:
Maru [420]2 years ago
5 0

It is a false statement that you have to key in the interest rate as a decimal when using the time value of money features of a financial calculator.

<h3>What is the financial calculator?</h3>

It is an essential device that is designed to perform certain equations that a basic calculator can't handle, It is created with stand-alone keys not available on other types of calculators and this allows it to perform more direct calculations.

The time value of money features of a financial calculator entails the 5 major components of time value: namely; rates, time periods, present value, future value, and payments.

However, It is a false statement that you have to key in the interest rate as a decimal when using the time value of money features of a financial calculator.

Read more about financial calculator

brainly.com/question/15708006

#SPJ1

You might be interested in
Which one of the following terms is defined as a loan wherein the regular payments, including both interest and principal amount
Harrizon [31]

Answer:

C. Balloon loan

Explanation:

Balloon loans are loans that can not fully amortize over its term. They are loans that are paid of with a large single final payments. A lump sum amount. It involves the borrower paying back a lower monthly percentage in exchange for paying a large one time payments at the end of the loan term. Either fixed or flexible interest rate structure can be used on it. Ballon loans are usually reserved for conditions when a business has to wait until a specific period before receiving payment from a client for its product or services.

4 0
3 years ago
Read 2 more answers
Activities performed by an applicant after an interview intended to express continued interest in employment with the
goldfiish [28.3K]

Answer:

  • Activities performed by an applicant after an interview intended to express continued interest in employment with the company are referred to as follow-up activities
4 0
2 years ago
Read 2 more answers
Suppose a market basket of goods and services costs $400 in the base year and the consumer price index (cpi) is currently 125. t
Zigmanuir [339]

Suppose a market basket of goods and services costs $400 in the base year and the consumer price index (cpi) is currently 125. This indicates the price of the market basket of goods is now <u>$275</u>.

Inflation is a boom within the standard fee stage. The respectable inflation price is tracked with the aid of calculating changes in a degree called the consumer price index (CPI). The CPI tracks modifications in the cost of residing through the years. Like different financial measures it does a quite precise job of this.

The consumer price index is referred to as that index that is utilized in calculating the retail inflation within the economic system by monitoring the modifications in costs of most normally used goods and services. In other words, the patron charge index calculates the changes in the rate of a common basket of products and offerings.

The CPI tracks the change in retail fees of products and offerings which families buy for or their daily intake. To degree inflation, we estimate how a great deal CPI has accelerated in terms of percentage change over the identical length of the preceding 12 months. If expenses have fallen, it is referred to as deflation (negative inflation).

Learn  more about the consumer price index here brainly.com/question/1889164

#SPJ4

5 0
1 year ago
Dan has been directed to study the actors close to a company that affect its ability to serve its customers, such as the company
BlackZzzverrR [31]

Answer:

<u>B) microenvironment</u>

Explanation:

  • All these factors like the clients, customers, suppliers, marketing intermediate notes, customer markets, and competitors and the public, in general, all come under the microenvironment of the company which surrounds it.
  • The macro-environment is composed of all the external political, social, technological, economical, and demographical ones.
6 0
3 years ago
Read 2 more answers
Last year, Cool Lope, Inc. had an inventory turnover rate of 6.8. This year, the turnover rate is 7.1. Based on this information
AnnyKZ [126]

Answer:

The answer is D.

Explanation:

Inventory turnover is a measure of the number of times inventory is sold in a given period of time period such as in a quarter or in a year.

The formula is Cost of goods sold ÷ the average inventory.

Higher inventory is better than lower inventory because the higher the inventory turnover, the better a business is selling goods(inventories) very quickly and that demand for their product exists. While low inventory turnover depicts weaker sales and declining demand for a company's products

8 0
3 years ago
Other questions:
  • The university system of georgia's cio believes the best way to collaborate with 31 independent-minded university cio's is to lo
    7·1 answer
  • The budget that estimates a firm's projected cash inflows and outflows, as well as cash shortages or surpluses during a given ti
    5·1 answer
  • An oil pump that is capable of delivering a larger amount of oil than a stock oil pump is called a:
    10·1 answer
  • Proponents of the notion of a "political business cycle" suggest that: 
A. The standardized budget is a better indicator of the
    12·1 answer
  • Which of the following are true regarding profits, revenues, and costs? Choose one or more: A. total costs = implicit costs + ex
    8·1 answer
  • The Massoud Consulting Group reported net income of $1,376,000 for its fiscal year ended December 31, 2021. In addition, during
    13·1 answer
  • Interest Payable. At its December 31 year-end, the company holds a mortgage payable that has incurred $1,125 in annual interest
    6·1 answer
  • The VP of Sales is using Collaborative Forecasting to track sales rep quote attainment. The VP wants to be notified when sales r
    9·1 answer
  • On January 1, Boston Enterprises issues bonds that have a $2,100,000 par value, mature in 20 years, and pay 7% interest semiannu
    13·1 answer
  • You are an investment manager and one of your clients is a famous soccer player. She is promised to be paid $5million three year
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!