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4 years ago

Do you think Harvey has a good investing strategy?

Business

2 answers:

dmitriy555 [2]4 years ago

8 0

Yes is the answer to the problem

Bogdan [553]4 years ago

6 0

Yes, I think so.

⬆️
Is a joke, but really. What is the question? The other parts?

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What is the simple interest earned on $2200 at a 4.6% interest rate for 3 years? Round your answer to the nearest cent

Vlad1618 [11]

It would be $303.60 simple interest earned

5 0

3 years ago

FILL IN THE BLANK

Kaylis [27]

When the Federal Reserve sells treasury bonds to a bank, the money supply is decreased. Since there are smaller available funds for the bank to loan (they have tied up some cash by buying the bonds), the interest rate the bank charges (all other things EQUAL!) will increase.

Basically, what has happened is that the bank has lent money to the federal government, rather than to other lenders. So if it has no other sources of lendable funds AND borrowers don't have other banks to go to that are charging the current rate, the same number of borrowers competing for a smaller amount of borrowable funds will lead to a higher price, (interest rate) for those loans.

6 0

4 years ago

On July 1, Runner's Sports Store paid $14,000 to Corona Realty for 4 months rent beginning July 1.Prepaid Rent was debited for t

Mariana [72]

The question is incomplete. Choose fron the following;

A)Debit Prepaid Rent, $3,500; Credit Rent Expense, $3,500.

B)Debit Rent Expense, $14,000; Credit Prepaid Rent, $14,000.

C)Debit Rent Expense, $3,500; Credit Prepaid Rent, $3,500.

D)Debit Rent Expense, $14,000; Credit Prepaid Rent, $3,500.

Answer:

The answer is C)Debit Rent Expense, $3,500; Credit Prepaid Rent, $3,500.

Explanation:

The rent expense for the month ending July 31 was 14000/ 4 = $3500.

3 0

3 years ago

Read 2 more answers

Suppose the marginal propensity to consume is equal to 0.75. If the government lowers tax rates and tax revenue falls by $100 mi

vovikov84 [41]

Answer:

$100; $75

Explanation:

Given that:

Tax revenue falls by 100 million dollars
marginal propensity to consume (MPC) is 0.75.

Due to the fall in tax revenue, disposable income will increase by the same amount, that is, $100 million.

Consuption spending will initially increase by $75 million, as shown below:

= MPC × tax revenue fall

= 0.75 × $100,000,000 = $75,000,000

6 0

3 years ago

How would you expect each of the following to affect the economy-wide demand for U.S. money (currency)? a. Competition among bro

Anna007 [38]

Answer:

Market interest rate is also known as nominal interest rate. The nominal interest rate is sum of real interest rate and inflation rate. Fed try to control the monetary condition and real interest rates by manipulating money supply. These interest rates also affect the demand of money in market.

Part (a)

When commission of brokers decreases then buying and selling of stocks becomes easier and cheaper and people would transact in more and more stocks which will decrease the demand of money as liquidity of stock has increased.

Part (b)

When grocery store starts accepting credit cards then people would need to carry less cash and demand of money will decrease.

Part (c)

As financial investors are now worried about riskiness of stocks so they will decrease their investment in stocks and prefer holding more money so demand of money will increase.

5 0

3 years ago