Answer:
The correct option is D
Explanation:
Cutting the number of truckloads of refuse in half must reduce the amount of residual ash by half of last year's level. However, if the removal of the recycled refuse does not proportionately reduce the amount of ash, this will not happen.
So, the answer D states a requirement for the collection program to achieve its aim.
Answer:
The source of income is the capital gain realized when Harry sold the stocks of Extel Corporation. Generally, nonresident aliens (like Harry) are subject to a 30% tax on all their US income sources. E.g. if Harry made a capital gain of $1,000 when he sold the stocks, he will need to pay $300 to the IRS.
Some exemptions apply to foreign students, resident aliens or people that work for foreign governments, but Harry doesn't fit in any of these categories.
Answer:
29.5%
Explanation:
Effective interest rate is the actual interest rate that a investor receives on invesment or a borrower pays on loan including the compounding effect.
APR = (80 - 75) / 75 = 0.067 = 6.67%
Effective interest rate = ( 1 + APR )^n - 1
Effective interest rate = ( 1 + 6.67% )^4 - 1
Effective interest rate = ( 1.0667 )^4 - 1
Effective interest rate = 1.2947 - 1
Effective interest rate = 0.2947
Effective interest rate = 29.5%
Answer:
B. giving loans
Explanation:
The reserve requirement system requires commercial banks to maintain a small fraction of their deposits as a reserve. Only a small percentage of the checkable deposits is required to be held in the banks as reserves. The reserves requirement fractions vary with the monetary policy in place.
The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.
