When output increases, the PPC (Production Possibility Curve) of the economy moves right, indicating growth in the economy. The Production Possibility Curve shows a country's ability to produce its goods at the most efficient point. The curve occurs in the upper right side of the graph. The upper right side of the graph shows an increasing in the production efficient level. Therefore<span>, it shows a growth and an output increase of a country.</span>
Answer:
Credit to Cash Overage for $5,500
Explanation:
Revenue total is $120,500 so the revenue will be recorded by this amount and the cash is $126,000 so it will also recorded by the same amount. An additional credit entry will be placed to reflect the effect of this transaction.
The journal entry to record the day's sales would include
Debit Cash $126,000
Credit Cash Overage $5,500
Credit Sales $120,500
They benefit producers and hurt consumers
Answer:
The withdraw amount is "11,227.42".
Explanation:
The given values are:
In stock account,
PMT = $820
Interest rate = 
N = 300
PV = 0
In Bond account,
PMT = $420
Interest rate = 
N = 300
PV = 0
Now,
By using the FV (Future value) function, the value in Stock account will be:
= ![FV(rate,nper,pmt,[pv],[type])](https://tex.z-dn.net/?f=FV%28rate%2Cnper%2Cpmt%2C%5Bpv%5D%2C%5Btype%5D%29)
= 
By using the FV (Future value) function, the value in Stock account will be:
=
= 
After 25 years,
The value throughout the account, will be:
= 
= 
By using the PMT function, we can find the with drawling amount. The amount will be:
= ![PMT(rate, nper, pv, [fv], [type])](https://tex.z-dn.net/?f=PMT%28rate%2C%20nper%2C%20pv%2C%20%5Bfv%5D%2C%20%5Btype%5D%29)
= 
Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.
A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.
What is discount points?
- Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
- Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
- Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
- Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.
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