Answer:
The rule of 72 establishes that, to determine the time in which an investment will double its initial capital through the generation of compound interest, 72 must be divided by the interest rate number of said financial investment.
In the present question, the interest rate is 7.8%, with which the investment would double in 9.23 years (72 / 7.8 = 9.23).
Now, at the same time there will be an annual inflation of 4.9%, that is, an accumulated inflation of 45.22% (4.9 x 9.23 = 45.22). In other words, the real growth of investment will not be 100%, but the accumulated inflation will have to be discounted from said number, with which the real growth of investment will be 54.88% over those 9.23 years.
Answer:
The absolute value of the elasticity of demand = 2.664.
Explanation:
a) Data and Calculations:
Change in price = $1 increase ($8 - $9)
Percentage of change in price = $1/$8 = 0.125
Change in quantity demand = 1 decrease (3 - 2)
Percentage of change in quantity demanded = 1/3 = 0.333
Price elasticity of demand = Percentage change in demand/Percentage change in price
= 0.333/0.125 = 2.664
b) Since the absolute value is more than 1, the elasticity of demand is price elastic. A change in price causes a greater change in the quantity demanded.
The total of the balances in the creditors accounts should agree with the balance of, "<u>the Accounts Payable account in the general ledger</u>."
We balance the accounts payable in the general ledger because it serves as a check to ensure that for every transaction, a debit recorded in one ledger account has been matched with a credit in another. If there is a double entry, the total of the debit balances should always equal the total of the credit balances.
Hence, the purpose of the accounts payable ledger and its subsidiary accounts is to display a company's debt to each of its suppliers, creditors, or vendors in a spreadsheet to more accurately track the data.
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Answer:
E) beta
Explanation:
The security market line (SML) can be regarded as a line that is drawn on a chart which represent the capital asset pricing model. And it allows to know the expected of security which can be attributed to the function of non-diversifiable risk as well as systematic
.It should be noted that The security market line is a positively sloped straight line that displays the relationship between expected return and beta
The internal physical reactions that the customers and bank tellers would have experienced is called the a. fight-or-flight response.
<h3>What is the fight-or-flight response?</h3>
This is a response that humans get when faced with a stressful situation that involves them being afraid.
The body goes through a chain reaction of internal physical reactions to get ready for the person either fighting, or running away.
Find out more on the fight-or-flight response at brainly.com/question/6882542.
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