Answer:
Check the calculations below
Explanation:
A. 12%-4%=8%
B. If real income was higher, the inflation level would decrease subject to the consumers budget constraints. In other words, they will make the same amount of money but their purchasing power per dollar will increase.
C. In this case, an increase in money would cause the inflation rate to increase. If we think about the past and events such as hyperinflation, look at what the cause was. Governments were printing money to pay debts, which in turn was decreasing the value of their currency. In this case, people would get paid and run to the store to spend their money because their dollars today may only be worth 50 cents tomorrow or in some cases, the next hour. Therefore, our answer is if the velocity of money keeps growing, inflation will keep growing as well. These two variables are pro cyclical with each other meaning they move together.
The balance in the savings account at the end of the 8th year (i.e., after 8 deposits) is $99,256, and the interest earned on the 8 deposits is $27,256
The future value of annuity is a calculation that measures how a good deal a chain of fixed bills might be really worth at a specific date in the future whilst paired with a particular interest price. The word “value” in this term is the coin's potential that a sequence of future payments can gain.
The equation to find future value of the annuity:
Future Value = E ( ( 1 + r)^p - 1 ) / r
E = Annual deposit = $9,000
r = Interest rate = 9%
P = 8 years
FV = Amount available = 9,000 ( 1.09^8 - 1 ) / .09 = $99,256
Interest = 99,256 - 9000 * 8 = $27,256
Future value is the value of a current asset at a future date based on an assumed fee of growth. The future price is vital to investors and economic planners, as they use it to estimate how an awful lot of funding made today may be worth it in the future.
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Answer:
application fee. However, the application fee charged by Insecurity Bank and Trust is refundable if the loan application is denied, whereas that charged by I.M. Greedy and Sons Mortgage Bank is not. The current disclosure law requires that any fees that will be refunded if the applicant is rejected be included in calculating the APR, but this is not required with non fundable fees (presumably because refundable fees are part of the loan rather than a fee). What are the EARs on these two loans? What are the APRs?
I think you’re looking for : The Money Laundering Control Act of 1986 which I believe is filed under 18 U.S.C. § 1956 and 18 U.S.C. § 1957