A large negative value in Xn can pose a problem for an economy over the longer term. Xn represents the net export value and is used in calculating a country's GDP value. A negative value in Xn means that the value of goods imported is greater than the value of goods exported.
A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.
<h3>What is a Loan?</h3>
This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.
With this in mind, we can see that loan proceeds can be used to:
- Buy a house
- Go on a trip, etc
Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.
Read more about loans ere:
brainly.com/question/25239160
Answer:
The approximate value of the house is 192984
Explanation:
I don't know what you mean by "<em>Use Exhibit 1-A</em>" but you can calculate this as follows
180000 * (1+1%)^7
The general formula of cumulative interest is
A * (1+i)^n
A = Amount
i = interest, in this case 1%
n = number of periods, in this case, 7
External changes from industry have great impact in the things that we do personally. Every moment there are new technology that are being developed that simplified our daily life. With this fast paced improvement in our technology, we tend to adapt and make use of those new technology to improve our daily activities. It can be in a form of entertainment, communication or travelling.
Answer:
D.The yield-to-maturity is less than the coupon rate.
Explanation:
Whenever the yield to maturity is less than the bond's coupon rate, bond market value is greater than par value ( premium bond), these applies just as the question states that the premium bond pays $60 in interest annually in seven years and the bond was issued originally 3 years ago at par
in other cases when a bond's coupon rate is less than its yield to maturity, then the bond is selling at a discount and when a bond's coupon rate is equal to its yield to maturity. the bond is selling at par.
