Answer:
13.76%
Explanation:
The computation of the interest rate required by law is shown below:
As we know that
Effective annual rate = (1 + Annual percentage rate ÷ number of days)^number of days - 1
0.1475 = (1 + Annual percentage rate ÷ 365)^365 - 1
(0.1475 + 1) = (1 + Annual percentage rate ÷ 365)^365
(1.1475)^ × (1 ÷ 365) = 1 + Annual percentage rate ÷ 365
So, the Annual percentage rate is
= [(1.1475)^ × (1 ÷ 365) - 1] × 365
= 0.1376
= 13.76%
Fixed deposit account. Savings account.
The main determinant of the Elasticity of Supply is the availability of close substitutes.
The Elasticity of Supply means the relationship between a commodity and its price. It measures how the company increases or decreases its production based on its change in price.
The major determinant of the Elasticity of Supply is:
1. Nature of the Goods - It takes into account the factor of production, which can easily get transferred.
2. The definition of the commodity- The narrower the definition the greater the supply of elasticity.
3. Time- It works more in long run than in the short run.
4. Cost of attracting goods- If the related goods are cheaply available, the elasticity of supply is more.
5. Level of Price- It is inversely proportional to the elasticity of supply.
Learn more about Elasticity of Supply here: https://brainly.in/question/6581899?msp_srt_exp=6
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Answer:
Kinesthetic.
Very glad I was able to help today!!
The answer is Representativeness Heuristic. It is a type of heuristic
used when making judgments. It is making conclusions from the probability of
an event under uncertainty. The determinant of the situation above is
similarity. Since the woman has the physique of a runner, it has been already
concluded that she is a runner.
