Answer:
2.96% will be effective rate of the investment
Explanation:
First year:
1,000 x 1 + 10%) = 1,100
<em><u>Second year: </u></em>
1,100 + 3,000 = 4,100 invesmtent balance
4,100 x (1 - 5%) = 3,895
<em><u>Third year:</u></em>
3,895 + 2,000 = 5,895
5,895 x (1 + 2%) = 6012.9
<em><u>Fourth year:</u></em>
6012.9 + 500 = 6512.9
6,512.9 x (1+ 8%) = 7033.932
We calcualte rate that is equivalent with the following cash flow:
We solve using excel goal seek
0.029646151
Answer:
$658,000
Explanation:
If John and Sheryl bought their home for $354,000 and made $129,000 of improvement, the total cost on purchasing the house will be coat of the house + improvement which gives $354,000+$129,000
= $483,000
If they later sold the home for $1,085,000 and paid $56,000 in selling expenses, including the broker's commission, the total selling cost will be $1,085,000+$56,000
= $1,141,000
Capital gain = $1,141,000 - $483,000
Capital gain = $658,000
This means they will pay capital gain tax on their interest which is $658,000
Answer:
The budgeted cash payment for September = $37600
Explanation:
Below is the calculation for budgeted cash payments:
The payment for the month August = 40% of 40000 = $16000
The payment for the month September = 60% of 36000 = $21600
In order to find the budgeted cash payment for September, just add the payment for august and September.
The budgeted cash payment = 16000 + 21600
The budgeted cash payment for september = $37600
Answer:
The assembly line efficiency is 4.17% (to 2 decimal places)
Explanation:
Efficiency is a measure of productivity that is used to determine how well a target is achieved, by finding the ratio of the actual output to the expected output. In this example, the number of units is the output of the assembly line, and the assembly line efficiency is calculated as follows:
Assembly line efficiency = (actual output) /(required output) × 100
actual output = 25 minutes
if 5 minutes = 1 unit
∴ 25 minutes = 1/5 × 25 = 5 units
∴ actual output = 5 units
required output = 120 units
∴ efficiency = 
= 4.17%
Answer: The correct options are;
Option C
Option E :
Explanation:
The recent crisis led to more debt to GDP ratio jumped from 69% in 2008 to 79% in 2009. This level is higher than the maximum in the Great Depression and the increase in percentage points over two years is the same as that over six years during the great depression
Also,
The banking system was not hit hard during the great depression because the central banks of different countries were less coordinated, had different
objectives and policy instruments and some countries still had obligations and/or debts from
World War I. All countries had separate currencies, and lenders of last resort did not exist to
the extent they do today.
According to a discussion paper titled "The Great Recession versus the Great Depression: Stylized Facts on Siblings That Were Given
Different Foster Parents".
