Answer:
7%
Explanation:
nominal interest rate = real interest rate + expected inflation rate
nominal interest rate = 5% + 2% = 7%
Usually the nominal interest rate has four major components:
- real interest rate: the net interest rate received by a lender or an investor
- inflation rate: the general rise in the prices of goods and services, as inflation increases, the purchasing power of a currency decreases
- liquidity risk premium: usually collateralized loans include a liquidity risk premium since not all assets can be easily converted to cash.
- credit risk: possibility of the borrower defaulting the loan
You can price your products, by average, fairness is key!
Over 90 percent of the pedestrian fatalities occurred in single- vehicle crashes. In 2009, pedestrian deaths accounted for 12 percent of all traffic fatalities in motor vehicle traffic crashes. Since 2000, the number of pedestrian fatalities has decreased by 14 percent.
Answer:
"Statistics is a board of method for maintaining knowledge. It is a simple and economical method to find the means and valuable data even for large numbers. In a managers life it is a very helpful tool to do analysis and making business growth values and make right forecast".
Explanation:
Answer:
Explanation:
First of all, to make it easy, "Debit" will be written as "Dr" and "Credit" as "Cr"
General journal
April 2
Dr Cash $27 070
Dr Equipment $12 900
Cr Owner's Capital $39 970
April 2 No transaction has occurred
April 3
Dr Supplies $833
Cr Accounts Payable $833
April 7
Dr Rent Expense $546
Cr Cash $546
April 11
Dr Accounts Receivable $1160
Cr Revenue $1160
April 12
Dr Cash $2,589
Cr Unearned Revenue $2,589
April 17
Dr Cash $2,201
Cr Revenue $2,201
April 21
Dr Insurance Expense $100.30
Cr Cash $100.30
April 30
Dr Salaries Expense $1,020
Cr Cash $1,020
April 30
Dr Supplies Expense $122
Cr Supplies $122
April 30
Dr Equipment $5,266
Cr Capital $5,266
