On her way to visit her parents, Jennifer drives 265 miles in 5 hours.

Prior to the 1870s, both gold and silver were used as international means of payment and the exchange rates among currencies wer

SashulF [63]

Answer:

the exchange rate between U.S. dollar and German mark be under this system will be of 3 U$D = 1 german mark

Explanation:

We will use gold and silver as a mean to equalize both currencies:

First equivalence between silver and gold:

90 francs = 1 ounce of gold

9 franc = 1 ounce of silver

90/9 = 10 ounce of silver equals 1 ounce of gold.

Now, we convert the german mark to gold:

1 german mark = ounce of silver

10 german mark = ounce of gold.

Finally, we equalize with the US dollars:

30 dollar = ounce of gold = 10 german mark

30 dollars = 10 german mark

3 dollars = 1 german mark

4 0

3 years ago

Which of the following are true?

laiz [17]

Answer:

c. Payback is the amount of time to recover the initial investment. No discounting occurs and all cash flows after the payback period are not accounted for. The rule is intuitive and used by small business owners

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested. The NPV does account for all cash flows as well as time value of money.

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested . The IRR does account for all cash flows.

The discounted payback period discounts cash flows

3 0

3 years ago

n many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the ter

kiruha [24]

Answer:

In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the term for this?

The term is called:

lender of last resort.

Another potential role of central banks is to foster confidence in the banking system by making sure that people can retrieve their money even if a bank goes bankrupt. What is the term for this?

The term is called:

deposit insurance.

Explanation:

Central banks play important roles in the economy. They conduct the economy's monetary policy, regulate other banks, and provide various other financial services, including economic research. They stabilize the nation's currency by ensuring that unemployment is kept low and also prevent economic fluctuations.

6 0

3 years ago

Magnira Corp., a small-scale e-learning firm, recently bought a three-year license of a cloud-based software. The software provi

Daniel [21]

Answer: Communication cost

Explanation:

All or most server companies do allocate some form of liscence to their clients to browse the internet and use some internet tools for space of a period time. This service could either provide internet service or more depending on the cost and the kind of package that was bought. The process of acquiring this could be known as communication cost.

5 0

3 years ago

Which group is most likely to utilize a tax advantages instrument such as an ira?

inysia [295]

The small investor is the group that are able to day trade and most likely able to invest across different industries. They also utilize a tax advantages instrument such as IRA. This also a group that would face less red tape.

7 0

3 years ago