A = P(1 + rt)
Where: A = Total Accrued Amount (principal
+ interest)
P = Principal Amount
I = Interest Amount
r = Rate of Interest per year in
decimal; r = R/100
t = Time Period involved in months
From the
question given,
A = $34,
200
P =
$20,000
I=
$14,200
r = ?
T = 6
years, 9 months = 81 months
<span>Substituting
the original equation for r:</span>
r = (1/t)
(A/P - 1)
<span>Solving our equation:
r = (1/81)((34200/20000) - 1) = 0.00876543
r = 0.00876543
Converting r decimal to R a percentage
R = 0.00876543 * 100 = 0.8765%/month</span>
R =
0.8765% per month
<span>Calculating the annual rate
0.8765%/month × 12 months/year = 10.518%/year.
</span>
<span> </span>
The demand and supply of imported textiles are given. Initially, the price is $4.50 per yard and the quantity imported is 4,500 yards.
Now the government imposes quotas on imported textiles. That means the government restricts the quantity that must be imported to 3,000 yards. The graph is as follows:
Initially, the market is in equilibrium at point E. The price iS S4.5 per yard and the quantity
imported is 4,500 yards. After the government puts restrictions on imports, the supply
curve remains the same that is, Upward sloping till 3,000 yards are imported. After that, the supply curve becomes vertical because no more imports are possible whatever the price is. Green colored line is the new supply curve
As a result of this, the equilibrium shifts from point E to point F. The price of
imported textiles has increased to $ó per card and the quantity of import is 3,000 yards.
Learn more about imported textiles here: brainly.com/question/9452496
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Answer: Company Pays $1640
Carol Bryd pays $410
Explanation:
The total bill is $2300 and the deductible needs to be taken out.
$2300-$250
=$2050
Company Payment.
Company Pays 80% which translates to 0.8
0.8*2050
= $1640 is the company Payment.
Carol then pays the difference which is
$2050 - $1640
= $410
Carol pays $410
Answer:
the rise in aggregate demand will cause lower unemployment.
Explanation:
the business confidence has risen this will increase investment and thus IS curve will shift out increasing the level of outputs in the economy, this will lead to rise in aggregate demand and thus output and price level in the equilibrium will increase.
so as output increases jobs will be created and unemployment will be reduce.
Therefore, the rise in aggregate demand will cause lower unemployment.
The factor in the study is the method used.
Option c
<u>Explanation:</u>
Method analysis, a periodical process is the process of studying or understanding how a task or job assigned is done. It details the job or the task.
Here in the given scenario, the manager compares four different methods to do a task. For this, he assigns all the four methods randomly to ten employees thereby he tries to understand the various aspects of all the four methods and the time taken to finish the task using those methods.
This study will help him in figuring out the best method that can be implemented in the job for better results or productivity. Method analysis is basically done for improving or upgrading the efficiency of the method that is used currently.
