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3 years ago

What is the purpose of APY?

Business

1 answer:

Flauer [41]3 years ago

5 0

Hello.

The answer is

<span>D. for investors to calculate the periodic interest rate.

Have a nice day</span>

You might be interested in

Question Suppose you have $200,000 in a bank term account. You earn 5% interest per annum from this account. You anticipate that

Vanyuwa [196]

Answer:

Deposited amount will decrease by 1% and $2,000

Explanation:

Inflation rate will effect the value of money due to decrease in purchasing power of the currency holder.

We will use following formula to calculate the impact

Nominal rate = Real interest rate + Inflation rate

5% = Real interest rate + 6%

Real interest rate = 5% - 6% = -1%

The deposited amount will be decreased by 1%.

Deposit value = $200,000 x ( 1 - 1% ) = $198,000

Decrease in value = $200,000 - $198,000 = $2,000

6 0

3 years ago

____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c

solong [7]

Answer:

Sacred consumption
Profane consumption

Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.

6 0

3 years ago

Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00, what is its nominal (not eff

Lera25 [3.4K]

Answer:

8.89%

Explanation:

The answer is 8.89%

Here is how we arrived at this.

Dividend = 1$ times 4

= $4 annually

Then we calculate for the nominal rate of return.

This is equal to dividend / price.

= $4/ $45

= 0.0889

To convert this to percentage

0.089 x 100

= 8.89% is the nominal annual rate of return.

3 0

3 years ago

Bluefield Corp. has two product lines, A and B. Bluefield has identified the following information about its overhead and potent

Triss [41]

Answer:

Overhead assigned to product labour hours

Product A = $36.5 per hour × 76%× 1900= 52,706.0

Product B = $36.5 per hour × 24%× 1900= 16,644.0

Overhead assigned to product using machine hours

Product A = $1.54 × 17,700= $27,258

Product B = $1.54 × 27,300 =$42,042

Explanation:

Under the traditional absorption costing system, overhead is assigned to units produced using the direct labour hours or machine hours basis.

Overhead absorption rate = Budgeted overhead for the period/Budgeted labour hours

OAR = $69,300 /1,900 hours

= $36.5 per hour

Overhead assigned to product

Product A = $36.5 per hour × 76%× 1900= 52,706.0

Product B = $36.5 per hour × 24%× 1900= 16,644.0

Overhead absorption rate = Budgeted overhead for the period/Budgeted machine hours

OAR = $69,300 /45,000 hours= $1.54 per hour

Overhead assigned to product

Product A = $1.54 × 17,700= $27,258

Product B = $1.54 × 27,300 =$42,042

4 0

3 years ago

Emily wants to search online for entrepreneurship opportunities in the field of business development. However, she wants to skip

jeka94

Answer:

“entrepreneurship + business + development - branding”

Explanation:

Researchers usually put a hyphen before a word as a technique to exclude it from online search results. This method allows for narrowing down results to the desired pages only. When searching for keywords that are frequently used together, putting a hyphen helps exclude unwanted results.

4 0

3 years ago