How much money do a bank make daily

1 answer:

8 0

On savings accounts, banks make money by paying depositors virtually no interest. Most major banks pay an interest rate of only 0.01% on their savings accounts. And then they use the money customers deposit to make loans at much higher rates. So, we are basically giving interest-free loans to banks. and by the end of the year they will have over a million dollars.

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64 divide 8 equals blank what dose blank represesent

storchak [24]

The answer is 8 because 8 times 8 is 64 so you can use it either way.

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3 years ago

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During an economic recession, A. the bond demand and supply curves both shift to the left and the equilibrium interest rate usu

anygoal [31]

Answer:

B. the bond demand curve shifts to the left, the bond supply curve shifts to the right, and the equilibrium interest rate usually rises.

Explanation:

In this case:

The supply increases, curve shifts to the right.
The demand increases, curve shifts to the left
Both the above shifts cause the price of bonds to decrease
The above changes cause interest rate to increase

In this way, the quantity of bonds increase

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3 years ago

If the selling price is $22 per unit, what is the contribution margin per unit sold? (round your answer to 2 decimal places.)

Rasek [7]

The computation follows:

1. Solve first for the variable cost per unit.
Direct materials $ 6.00

Direct labor $ 3.50

Variable manufacturing overhead $ 1.50

Sales commissions $ 1.00

Variable administrative expense $ 0.50

= $12.50 variable cost per unit

2. Then deduct the selling price to the variable cost per unit, to get the contribution margin.

22 - 12.50 = $9.50 CM per unit

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3 years ago

Name some cool crome book games

Lunna [17]

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3 years ago

A mining company is considering a new project. Because the mine has received a permit, the project would be legal; but it would

IgorLugansk [536]

Answer:

With mitigation: NPV =$36,670,000, IRR= 15,24%

Without mitigation: NPV= $ 42,000,000, IRR= 19,86%

Explanation:

To calculate the Net Present Value (NPV) we have to sum the present value of a project´s cash flows (positive and negative cashflows). To do so, we need: the number of periods of the project, the discount rate, cost of captal or WACC, and the future values of the cash flows. Then we apply the formula attached.

To calculate the Internal Rate of Return (IRR) we have to find the discount rate, cost of capital or WACC that makes the NPV equal to cero. That means we have to find a rate in which the investor do not create or destroy value, only recovers the investment. I attached the formula.

But, this is better if we use excel:

First we copy the cash flows of the two projects. To find the NPV we use the financial formula "NPV" in this way:

"=NPV(rate;cash flows from year 1 to year 5)+ cash flow of year 0"

To find the IRR we use the financial formula "IRR" in this way:

"=IRR(cash flows from year 0 to year 5)"

I attached the excel figure.

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3 years ago