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Mice21 [21]
3 years ago
8

Someone with dollar bills to lend will never agree to make a loan with a nominal interest rate of less than zero because:

Business
1 answer:
saw5 [17]3 years ago
7 0
<span>Having a nominal interest rate less than 0 would mean that a depositor pays a bank to hold its money. If the annual nominal interest rate is negative 1 percent, a deposit of $1000 dollar would come out $10 dollar short the following year which is why someone with dollar bills will never agree to loan with a nominal interest rate that is negative percent.


</span>
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A company is planning to move to a larger office and is trying to decide if the new office should be owned or leased. Cash flows
skad [1K]

Answer:  13.26%

Explanation:

Year 0 Investment = $385,000

Incremental Cash flow every year = Cashflow if owned - Cashflow if leased

= 164,000 - 133,000

= $31,500

Incremental cashflow in Year 10 = Incremental Cashflow + Cashflow from sale of property

= 31,500 + 750,000

= $781,500

Using Excel and the IRR function, the rate is = 13.26%

5 0
4 years ago
Valentino is a patient in a nursing home for 45 days of 2017. while in the nursing home, he incurs total costs of $13,500. medic
dolphi86 [110]
A person who purchases his/her own policy can exclude the benefits from gross income. It's also good to note tat statutory limitations exist for the following amounts:
Benefits that have been collected under the employer's plan
Premiums that have been paid by the employer
benefits that have been collected from the individuals' policy. Therefore the amount Valentino may exclude will be calculated as follows;
Daily statutory amount in 2017 (360*45)   $16200
Actual cost of care                                    $13500          $16200
Less: Amount received from Medicare                           ($8000)
Equal amount of exclusion                                              ($8200)
Thus:
Valentino must include (15000-8200)=$6800 of the long-term care benefits received in his gross income.


3 0
3 years ago
You are working part-time at a road construction firm. your boss knows you are learning some statistics in your classes this sem
____ [38]
Missing data can found here https://www.dropbox.com/s/u5t2sjj7pglu7iw/CIData%20%281%29.txt?dl=0
The first step is to calculate the mean of the data provided.
\mu=\frac{a_1+a_2+a_3\cdots a_k}{k}
k is a number of points in our data set. 
The mean for our data set is \mu=145.80.
Now we need to find the range associated with confidence level required.
Z score associated with a confidence level of 80% percent is 1.28. 
We know that our range has to be z\cdot\delta in order for us to be 80% confident in our result. As the confidence level rises z score associated with it also rises. This makes sense because the broader your range is more confident you are that measurement will fall within that range.
The final answer would be:
\rho=\mu \pm z\delta=145.80 \pm 3.39



5 0
3 years ago
Old-style and standard sprinklers protect ceiling equally well. True or false
gayaneshka [121]

Answer: False

Explanation: old style sprinklers sprayed in a circle, outward. New sprinklers are designed to spray more downwardly.

3 0
3 years ago
Describe the methods for vegetable storage​
egoroff_w [7]

Answer:

There are five methods of storing vegetables and fruit: drying, canning, curing and salting, freezing and common storage. Which method is chosen depends upon the type of produce, the quality desired and the facilities available for storage. ... Avoid damaged, cut, bruised and pest or disease infested produce.

Explanation:

hope it help

Thank u

Good day ✌️

3 0
3 years ago
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