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Marina CMI [18]
3 years ago
11

On October 1, Hill Corporation signed a 6-month note with principal of $10,000 and interest of $600 due in six months. The state

d rate of interest on the note is
Business
1 answer:
ANTONII [103]3 years ago
5 0

Answer:

the stated interest rate on the note is 12%

Explanation:

The computation of the stated rate of interest on the note is shown below:

= Interest ÷ Principal amount

= $600 ÷ $10,000

= 0.06

Since it is of six months but we have to determine annually

So we should multiplied it by 2

Like this

= 0.06 × 2

= 12%

hence, the stated interest rate on the note is 12%

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Suppose First National Bank holds ​$100 million in assets with an average duration of 3 ​years, and it holds ​$90 million in lia
Nitella [24]

Answer:

% change decrease is = 1.2 %

Explanation:

given data

assets = $100 million

average duration = 3 ​years

liabilities = $90 million

average duration = 3 years

interest rates= 4% increase

to find out

percentage decrease in First National​ Bank's net worth relative to the total original asset value

solution

change in assets value is

change in assets value = $100 million  × 4%  × 3 year = $1200 million

change in liability value is

change in assets value = $90 million  × 4%  × 3 year = $1080 million

change in net worth = $1200 - $1080 = $120 million

so % change is = \frac{120}{100}

% change decrease is = 1.2 %

3 0
3 years ago
In 1972, computer scientist ________ recognized that digital devices would change the world as they evolved and became widely us
marishachu [46]
<span>In 1972, computer scientist Gordon Bell recognized that digital devices would change the world as they evolved and became widely used.
</span>Gordon Bell was an American electrical engineer and manager.<span> He was responsible for the first mini- and timesharing computers and is famous for his development of DEC's highly-successful VAX architecture.</span>
5 0
3 years ago
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
Aneli [31]

Answer:

The letter A is the right one.

Explanation:

By promoting deserving employees, Jeffrey will create an environment where employees who act correctly, integrate and present high levels of professionals receive good promotions and will raise their status in the company. This shows that acting in a moral, responsible and ethical manner is rewarding and that is why everyone should follow this level of work that encourages morality and good work.

4 0
2 years ago
Yong produces silk and polyester fabrics. Management has compiled the following unit selling price and unit cost information for
monitta

Answer:

$9.05

Explanation:

the information about prices and costs is missing, so I looked it up:

contribution margin per yard for silk = $18 - $4.10 - $2.70 - $3.51 - $0.90 = $6.79

contribution margin per yard for polyester = $10.20 - $0.80 - $2.90 - $3.77 - $0.60 = $2.13

contribution margin per machine hour:

silk = $6.79 x 1/0.75 = $9.05

polyester = $2.13 x 1/0.5 = $4.16

8 0
3 years ago
the economy is currently in long-run equilibrium. if the central bank increases the money supply, in the long run the price leve
Scorpion4ik [409]

The economy is currently in long-run equilibrium. If the central bank increases the money supply, in the long run the price level will raises.

<h3>What is long-run equilibrium?</h3>

The term “long-run equilibrium” is used in economics to represent a theoretical idea in which all markets are in equilibrium and all prices and quantities have fully adjusted to achieve equilibrium.

The long-run differs from the short-run, which has some limitations and markets that are not entirely balanced.

Currently, the economy is in long-run balance. If the central bank expands the money supply, the price level will rise in the long run.

Therefore, in the long run, the price level will raise as the central bank increases the money supply.

To learn more about the money supply, refer to:

brainly.com/question/14041873

#SPJ4

4 0
2 years ago
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