Answer:
The nominal interest rate which the bank will offer is of 10.24%
Explanation:
according to Irwin formula the bank will charge a nominal rate that ensures a real rate of 6% thus:
1.06*1.04-1 = 0.1024 = 10.24%
Answer:
Forecast for the quarter= Forecast for third quarter * Seasonal Index
Putting values in the equation:
Forecast for the quarter= 2000 units * 1.18= $2360
This forecasting method adjusts the previous period amounts to obtain an amount which reflects the seasonal changes. It is widely used in management accounting to estimate future sales while making budgets.
Money is a kind of asset in an economy that is castoff to purchase goods and amenities from other people. A commodity is a physical thing that is willingly substitutable with one more item of the same type. Commodity money is a commodity that has intrinsic value. Intrinsic value is the commodity has worth though it is not used as money. So the answer is a woman offers her neighbor a US silver dollar in exchange for a bicycle.
Harriet is the person that can claim the earned income credit because the divorce decree gives Harriet the right to claim Preston as a dependent.
<h3>What the law on divorce states</h3>
The law on divorce or separation decree states that the noncustodial parent may claim the dependent even when there is no written declaration from the custodial parent.
Other explanation includes:
- The parent who the child spends the most time with may claim the dependent.
- If only one of the taxpayers is the child’s parent, that parent may claim the dependent.
In conclusion, Harriet is the person that can claim the earned income credit because the divorce decree gives Harriet the right to claim Preston as a dependent.
Read more about income credit
<em>brainly.com/question/13522402</em>
