Borrowers post WWII borrowed in the midst of prosperity. Financial institutions lent more money and borrowers paid it back.
A Financial Institution (FI) is an entity that engages in financial and financial transactions such as deposits, loans, investments, and exchanges.
Financial institutions such as commercial banks. Facilitates bank deposits, safe deposit box services, loans, checking accounts and various financial products such as savings accounts, overdrafts and certificates of deposit. Read more
Financial institutions will offset the expected economic impact of the pandemic by continuing to lend to businesses and consumers, stimulating economic activity and expanding support to those in need can do.
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Answer:
$2681.30 approx.
Explanation:
The first annuity is case of annuity due
For the first annuity, $2500 + 2500 × cumulative present value factor at 7.25% for 14 years
= $2500 + 8.6158 × 2500
= $24040 approx
The second annuity is the case of deferred annuity wherein payments are made at the end of the year.
Payment amount of second annuity = Present Value of first annuity ÷ cumulative present value annuity factor at 7.25% for 15 years
This will be equal to 24,040/8.9658 = $2681.30 approx.
Offer is a definite undertaking or proposal made by one person to another indicating a willingness to enter into a contract. The offer must be communicated to the offeree and must be <span>sufficiently definite and certain.</span>
An offer to enter into a contract can be terminated by lapse of time, r<span>evocation ,
counteroffer, rejection, death or incompetency of the offeror or offeree, destruction of the subject. </span>
Himber, Inc. just completed a job that cost $14,000 in direct materials, $12,000 in direct labor, and $8,000 in applied manufacturing overhead. The journal entry to record completion of the job debits MOH $1,000 and credit Property taxes payable $1,000
<h3>What is
manufacturing?</h3>
Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations. It is the core of the economy's secondary sector. The phrase can be used to describe a variety of human endeavors, from handicraft to high-tech, but it is most frequently used to describe industrial design, which entails the massive transformation of raw materials from the primary sector into completed commodities. Such products may be distributed through the tertiary industry to end users and consumers (typically through wholesalers, who in turn sell to retailers, who in turn sell to individual consumers) or sold to other manufacturers for the production of other, more complex products (such as aircraft, home appliances, furniture, sports equipment, or automobiles).
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Answer:
A reduction in the volatility of the dollar is one of the consequences that would have a reduction of rates
Explanation:
The drop in interest rates of the main banks worldwide is one of the effects of the reduction in US rates by the Federal Reserve. This is defined in greater liquidity in the face of the slowdown of larger economies, in order to avoid a possible recession.
A low rate generally drives equity assets globally, which is why there has been a rally in world markets that could continue with the increase in liquidity.
