Answer:
14.76%
8.37%
8.99%
13.89%
Explanation:
the formula for finding APR is - periodic interest rate x number of times compounded
Periodic interest rate = (EAR + 1 ) ^1/m - 1
(0.153 + 1)^1/2 - 1 = 0.0738 = 7.38
APR = 2 x 7.38% = 14.76%
(0.087 + 1)^1/12 - 1 = 0.006976
APR = 0.006976 X 12 = 0.0837 = 8.37%
(0.094 + 1 ) 1/52 - 1 = 0.001729
0.001729 x 52 = 0.0899 = 8.99%
(0.149 + 1)^1/365 - 1 = 0.000381
0.000381 x 365 = 0.138918 = 13.89%
Answer:
(B) adding all of the debits, adding all of the credits, and then subtracting the smaller sum from the larger sum
Explanation:
While calculating the closing balance of any account,
There includes two possibilities that the account might have debit balance or the account might have credit balance. And for computing this:
All the debits shall be accumulated and then their total shall be computed.
Similarly, all the credits shall be accumulated and their total shall be done.
Which ever is more then the account will have that nature of balance, accordingly the smaller shall be deducted from the larger one and the larger one will decide the nature of balance whether debit or credit.
Answer:
15.79%
Explanation:
The computation of the return on investment is shown below:
Return on investment = Operating Income ÷ New operating asset base
where,
Operating income is $60,000
And, the new operating asset is
= $500,000 - $120,000
= $380,000
So, the return on investment is
= $60,000 ÷ $380,000
= 15.79%
By dividing the operating income from the new operating asset base we can get the return on investment
Answer:
the exchange rate and the trade deficit to decrease.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected or required value.
Generally, deficit in financial accounting is usually as a result of expense exceeding revenue or revenue falling below expenses at a specific period of time.
For instance, when liabilities exceeds assets or import exceeds export there would be a deficit in the financial account.
Generally, a deficit on the current account ultimately implies that the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
In 2013, government began with a budget deficit and a trade deficit. During the year, the government changed its policy and is now running a budget surplus.
Hence, this change in policy will cause the exchange rate and the trade deficit to decrease if all other factors hold constant
<span>Since Henry decided
to increase the deductible on his existing insurance policy, his monthly auto
insurance premium will be lower. This means that higher deductible means lower
premium payments. It also affects the insurance coverage of Henry because this
mean that Henry must shoulder a specific amount (or high cash-out) before the claim
is paid by the insurance company.</span>
