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Degger [83]
3 years ago
15

Hodor borrowed $1000. The bank charges him 5% interest per year. At the end of year, he paid $50 in interest. There was 2% incre

ase in the GDP deflator. Nominal interest rate?
Business
1 answer:
dem82 [27]3 years ago
5 0

Answer:

5%

Explanation:

nominal interest rate = 5%

real interest rate = nominal interest rate -  increase in GDP deflator (inflation rate) = 5% - 2% = 3%

The nominal interest rate is the interest rate earned or charged without considering the effects of inflation. The real interest rate adjusts the nominal interest rate against the year's inflation rate.

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Sun Technologies, a cell phone manufacturing company, decided to change the operating system of its phones to eliminate the prob
larisa86 [58]

Answer:

Unfreezing

Explanation:

There are three phases of organizational change. Sun Technologies can be said to be at its unfreezing stage.

The organization must properly communicate with its employees and consumers at each level of changes they are.

  • At the unfreezing stage, the goal is to change the mindset and belief of the consumers about a particular process being deployed.
  • Since the adoption of the new technology is being advertised as one that will make things better, we can see elements of unfreezing here.
  • Other stages are the actual change phase and freezing stage
8 0
3 years ago
Toronto Corporation's financial statements include the following information: Cash $ 6,100 Net Credit Sales $315,000 Accounts re
eimsori [14]

Answer:

nhfgbtrg

Explanation:

nhgnrf

7 0
2 years ago
"5. you are buying a property that will carry a $1,750,000 mortgage. your loan is interest only for 5 years but the interest rat
dsp73
I honesly dont know frfr
5 0
2 years ago
The rate of economic growth per capita in france from 1996 to 2000 was 1.9% per year, while in korea over the same period it was
bagirrra123 [75]

Answer:

36.83 years

16.85 years

$63,710.88

$ 71,490.43  

Explanation:

We can use the nper  formula in excel  to compute the doubling time for the capital real GDP of both countries

=nper(rate,pmt,-pv,fv)

FV is the future real GDP which $28,900*2=$57,800 for France while that of Korea is $25,400 ($12,700*2)

PV is the present real GDP

rate is the economic growth rate of 4.2% in Korea and 1.9% in France

France=nper(1.9%,0,-28900,57800)= 36.83  

Korea=nper(4.2%,0,-12700,25400)= 16.85  

In 2045 ,which is 42 years from now the real GDP are shown thus:

=fv(rate,nper,pmt,-pv)=fv(1.9%,42,0,-28900)=$63,710.88  

=fv(rate,nper,pmt,-pv)=fv(4.2%,42,0,-12700)=$ 71,490.43  

3 0
3 years ago
Home depot, a large home improvement retailer, used research to learn that 25 percent of the time when customers bought a drill,
bagirrra123 [75]
This technique is called data mining.
5 0
3 years ago
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