Answer: False
Explanation:
According to the Accounting equation, the debit side must equal the credit side.
The Commercial mortgages for this bank are on the debit side so if they reduce, the credit side will have to reduce as well to remain in balance.
The Equity will therefore not rise but rather decrease in value so that the two sides will be balanced.
Answer:
slope = -7.65 per month
Explanation:
given data
2007 price p1 = $432
2011 price p2 = $80
time t2 = 46 months
solution
we consider here starting time t1 = 0 when price $432
so here slope will be
slope = .....................1
put here value and we will get
slope =
slope = -7.65 per month