Answer:
.3. the borrower benefits from inflation, while the lender loses from inflation.
Explanation:
Expected inflation rate = Nominal interest rate - Real interest rate
15% - 5% = 10%
So the percentage of expected inflation inherent in the interest rate is 10%.
Both parties expect inflation rate to be 10% but inflation rate is 12%.
This means that the borrower has paid less. The value of money the lender would be receiving the following year would be less than value of money in the following year due to the higher inflation rate than anticipated. Therefore the borrower gains and the lender losses.
I hope my answer helps you
Answer:
$56,000 Adverse
Explanation:
direct materials quantity variance = Aq × Sp - Sq ×Sp
= (6,500×$16) - ((1,500×2)×$16)
= $104,000 - $48,000
= $56,000 Adverse
More materials were used during the month than was expected thus adverse.
Answer: $2,970,000
Explanation:
According to US tax laws, property taxes can be recognised for 60 days into the next financial period because it is assumed that within this period, the taxes can still cover expenses related to the period that it is from.
Therefore, if Property taxes are paid within the first 60 days in 20X9 then the Town of Dean should recognise those taxes paid.
Those taxes amount to $10,000 so therefore, the amount to be reported in the fund is,
= 2,960,000 + 10,000
= $2,970,000
$2,970,000 is amount of property tax revenue that should be reported by the general fund for the year ended December 31, 20X8.
Answer:
Total FV= $1,220,441.33
Explanation:
<u>First, we need to calculate the value of the $200 for 20 years. To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
A= 200
n= 20*12= 240
Intertest rate= 0.07/12= 0.005833
FV= {200*[(1.005833^240) - 1]} / 0.005833
FV= $104,180.27
<u>Now, the value of the $300 for 30 years. At the same time, the future amount of the first investment. Each one with its separate formula. </u>
$300 monthly investment:
n= 300*12= 360
FV= {300*[(1.005833^360) - 1]} / 0.005833
FV= $365,962.41
$104,180.27 investment:
FV= PV*(1+i)^n
FV= 104,180.27*(1.005833^360)
FV= $854,478,92
<u>Finally, the total FV:</u>
Total FV= 854,478.92 + 365,962.41
Total FV= $1,220,441.33
There are 100 people and 4 answers. The minimum people for each answer is 10. You can distribute the minimum people to make it easy.
Answer 1. 10 people
Answer 2. 10 people
Answer 3. 10 people
Answer 4. 10 people
There are still 60 people that are not assigned, so you take this number and add it to the minimum.
60 + 10 = 70
Answer: The maximum number of customers giving any one response is 70 people.
