Answer:
D) Higher taxes
Explanation:
By increasing the taxes and reducing the spending it will reduce the demand in the economy (the goverment spending will be lower wehile the indivbiduals will have less disposable income as taxes increase)
If the economy was healty enought will lead to economic growth and reduce inflationary pressures.
If the country face a high inflation and negative growth, would end up with lower income and higher unemployment. Thus damaging to the economy without solving the inflation problem.
Answer:
$1932.37
Explanation:
To find out how much additional money he must deposit if he waits for 1 year rather than making a deposit today we need to find the difference:
Difference = Value after 1 year - Present value
We first convert the interest rate percentage by dividing interest rate value by 100
Present Value = $40 000 / (1 + 0.035)5 = $7729.47
Value after 1 year = $40 000 / (1 + 0.035)4 = $9661.81
Difference = $9661.81 - $7729.47 = $1932.37
Answer:
YTM is 6.90%
Explanation:
The yield to maturity on the bond can be computed using the rate formula in excel.
=rate(nper,pmt,-pv,fv)
nper is the time to maturity of 20 years multiplied by 2 since the bond is paying interest on semi-annual basis
pmt is the semi-annual interest receivable by investor which 6.8%/2*$1000=$34
pv is the current market price of $989.45
fv is the face value of $1000
=rate(40,34,-989.45,1000)
rate=3.45%
The 3,45% is the semi-annual YTM, whereas the annual YTM 3.45%
*2=6.90%
I would say true, considering the French term valet was used in the late 15th century when they referred to a footman acting as an attendant to a horseman, which evolved into a man's personal male attendant, responsible for his clothes and appearance, which could also be a caretaker.
Answer:
A. $37,400 unfavorable
Explanation:
With regards to the above, variable overhead spending variance is computed as
= (Actual hours × Actual rate) - (Actual hours × standard rate)
= $649,400 - ( 34,000 × $18)
= $649,400 - $612,000
= $37,400 unfavorable
Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable
