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vovikov84 [41]
3 years ago
12

In 2008, expected inflation exceeded inflation. in 2009, inflation exceeded expected inflation. therefore the real interest rate

was ________ than the expected real interest rate in 2008 and the real interest rate was ________ than the expected real interest rate in 2009.
Business
1 answer:
Nastasia [14]3 years ago
4 0
Expensive cost with Trade interest
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You buy an annuity which will pay you $12,000 a year for ten years. The payments are paid on the first day of each year. What is
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Answer:

PV of annuity due = $90,182.8 (Approx.)

Explanation:

Given:

Payment per year = $12,000

Number of year = 10

Interest rate = 7% = 0.07

Find:

PV of annuity due

Computation:

PV of annuity due = P + P[{1-(1+r)⁻⁽ⁿ⁻¹)/r]

PV of annuity due = 12,000 + 12,000[{1-(1+0.07)⁻⁽¹⁰⁻¹)/0.07]

PV of annuity due = $90,182.8 (Approx.)

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The __________ rate tells you how much one unit of currency is worth when converted to another currency.
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Answer:

The correct answer is: Project manager.

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3 years ago
I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is
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2 years ago
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