The main reason is tone interpretation.
When you talk to someone face-to-face, you can hear how they are saying something. For example, if someone was to text you and say "so" you wouldn't know if they meant so as in "so...what are you doing"
OR
If they meant it as "so, I don't care"
Answer: PV= 3,350,000
Fv= 3,500,000
PMT= 105,000
N= 10
YTM= 7.03%
7.03*3,500,000*0.5= 123,025
123,025-105,000= 18,025
Debit Credit
Interest Expense 123,025
Cash 105,000
Discount Amortized 18,025
Explanation:
Answer:
Annual depreciation= $300
Explanation:
Giving the following information:
Purchasing price= $1,450
Salvage value= $250
Useful life= 4 years
F<u>irst, we need to determine the annual depreciation for the whole year using the following formula:</u>
<u></u>
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= 2*[(1,450 - 250) / 4]
Annual depreciation= $600
<u>Now, for 6 months:</u>
Annual depreciation= (600/12)*6= $300
Option B
For more than 20 years, the Fed has used the federal funds rate as its monetary policy target. It has not targeted money supply at the same time because the Fed cannot target both at the same time: it has to choose between targeting an interest rate and targeting the money supply
Explanation:
Every economic aspect important for the economy and not directly controlled by the Federal Reserve is subject to intermediate goals. For example, things like money supply or inflation are included. Although these goals form part of the monetary policy priorities of the banking system, the Fed's monetary policy actions only affect them indirectly. Intermediate priorities help guide decisions between the specific instruments of the Fed and its aims.
The Fed can not actually control an intermediate objective including the supply of money, and must, therefore, influence the intermediate objective by means of one of its policy instruments, the discount rate, in this case.
Answer:
Detailed step-wise solution given in the table attached.
