Answer:
Inflation rate= 0.03 = 3%
Explanation:
Giving the following information:
Nominal interest rate= 0.05
Real interest rate= 0.02
<u>To calculate the inflation rate, we need to use the following formula:</u>
Real interest rate= nominal interest rate - inflation rate
Inflation rate= nominal interest rate - real interest rate
Inflation rate= 0.05 - 0.02
Inflation rate= 0.03 = 3%
Answer:
The correct answer is option D,19.
Explanation:
In calculating the above,two steps are involved-calculation of future value of $10000 invested at 6% for three years and calculation of number of years it would take to draw down the future value to less than $1000 by withdrawing $1000 every year beginning from year 3.
Using financial calculator,FV=FV(rate,nper,,-pv)
Please note negative in pv and the two commas
Rate=6%,nper=3 years and pv=$10000
Besides, the number of years was calculated using nper formula,which is given as:nper(rate,-pmt,pv,,1)
Find all calculations in the attached while also paying attention to the formulas.
Answer:
The Risk-free asset in the Norwegian is 3.8%
Explanation:
The computation of the real rate of return of Norwegian security is shown below:
The calculation is done by comparing the two countries risk-free asset and the inflation rate.
Risk-free asset in the U.S - expected inflation rate in the U.S = Risk-free asset in the Norwegian - expected inflation rate in the Norwegian
3.4% - 1.8% = Risk free asset in the Norwegian - 2.2%
1.6% + 2.2% = Risk free asset in the Norwegian
The inflation rate should be deducted from the countries risk-free asset because it gives the fair value of the return.
So, the Risk-free asset in the Norwegian is 3.8%
The answer is petty cash management. Petty
cash funds are used by corporations or companies to manage small one-off acquisitions
that can come up intermittently in the course of business operations. They
should be stored in a secure place with controlled access, such as in a lock
box. Petty cash management is the system of recording to track the usage of
petty cash funds. And the four remaining choices are part of the common services
in bank.