Ask question

Ask question

All categories

evablogger [386]

2 years ago

13

Statutes that require proof of character and skill and impose penalties for violation are considered to be revenue-raising in na

ture.
a. True
b. False

1 answer:

denis23 [38]2 years ago

4 0

I think its true. I don't think its false so true

You might be interested in

Which do you prefer of the options below? Is there an interest rate at which you switch your preference? If so, what is the rate

elena-s [515]

Answer:

As the first payment occurs on option 7 n interest rate higher enough can make the 50 dollars received first make the difference.

The switch produced at a rate of :

300%

Interest rate below this mark favor option 6

while higher than this favor option 7

Explanation:

Option 6

perpetuity of 100 discounted 1.5 year

$\frac{100}{r} (1+r)^{-1.5}$

perpetuity of 50 every 3 years discounted 3 years

as the payment are every three years we calcualte an equivalent rate:

$(1+r)^{3} -1 =r_e$

$\frac{50}{(1+r)^{3} -1} (1+r)^{-1.5}$

Option 7

perpetuity of 50 discounted 1 year

$\frac{50}{r} (1+r)^{-1}$

perpetuity of 100 every 2 years discounted 2.5 years

equivalent biannual rate

$(1+r)^{2} -1 =r_e$

$\frac{100}{(1+r)^{2} -1} (1+r)^{-2.5}$

having the formulas

we can do it on excel solver to look at which rate the switch produces

5 0

2 years ago

Functions of the economic commission for Africa.

timofeeve [1]

Answer:

The main functions of the ECA include the study of problems of the economic and social development of the African countries, the promotion of the economic development of the African states, and the strengthening of their economic relations both with one another and with other countries.

4 0

2 years ago

Read 2 more answers

The physical elements of a computer system are called the hardware

Snezhnost [94]

Im not sure if this is a question or just a fact

8 0

2 years ago

Suppose Ruston Company had the following cash flow results for 2019: Net Cash Flow from Operating Activities of $9,100,000 Net C

solmaris [256]

Answer:

Explanation:

Suppose Ruston Company had the following cash flow results for 2019: Net Cash Flow from Operating Activities of $9,100,000 Net Cash Flow from Investing Activities of -$4,300,000 Net Cash Flow from Financing Activities of $3,400,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow?

8 0

3 years ago

Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answ

Alexxandr [17]

EAR = [ 1 + (APR/m)]^m -1 where, m = periods in one year.

<h3 /><h3><u>What Is the Annual Percentage Rate (APR)?</u></h3>

The term "annual percentage rate" (APR) describes the annual interest that is produced by an amount that is charged to borrowers or paid to investors. APR is a percentage that represents the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment. This does not account for compounding and includes any fees or other charges related to the transaction. Consumers can evaluate lenders, credit cards, and investment goods using the APR as a benchmark figure.

<u>What Makes an Effective APR?</u>

What constitutes a "good" APR will vary depending on the market's competing rates, the central bank's prime interest rate, and the borrower's own credit score. Companies in competitive industries will occasionally offer very low APRs on their credit products, such as 0% on vehicle loans or leasing options, when prime rates are low. Although these low rates could sound alluring, clients should make sure that they are permanent and not just introductory rates that will change to a higher APR after a set amount of time. Furthermore, individuals with really good credit ratings can be the only ones who can get low APRs.

<u>Calculation:</u>

<u>a.</u> [ 1 + (0.099/4)]^4 -1

EAR = 10.27%

<u>b.</u> [ 1 + (0.189/12)]^12 -1

EAR = 20.62%

<u>c.</u> [ 1 + (0.149/365)]^365 -1

EAR = 16.06%

<u>d.</u> [ 1 + (0.119/10,000)]^10,000 -1

EAR = 12.63%

Learn more about the annual percentage rate (APR) with the help of the given link:

brainly.com/question/2142836

#SPJ4

<u>Correct question:</u>

Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)

a. 9.9% Quarterly

b. 8.9% Monthly

c. 14.9% Daily

d. 11.9% Infinite

3 0

2 years ago