Inflation is the rate at which the general level of prices for goods and services is rising and consequently the purchasing power of currency is falling. The rise or the fall of price determines the inflation rate in a given economy and therefore also determines the purchasing power by consumers. When prices goes up then there is a decrease in purchasing power of money while when the prices down there is a corresponding increase in purchasing power of money. For this reason central banks strives to limit inflation, and avoid deflation, in order to keep the economy smoothly running.
If a person doesn't trust you then they will tell other people and the other people won't trust you
To raise money in order to help grow the company
Answer:
c. 99.73%
Explanation:
Statistical Empirical Rule states the percentage of values that lie within a band around the mean in a normal distribution.
The rule also called as 68 - 95 - 99.7 rule depicts the proportion of under mentioned data covered within following range of standard deviation from mean:
- Mean <u>+</u> standard deviation = 68.27% data of the normal distribution
- Mean <u>+</u> (2 x standard deviation) = 95% data of the normal distribution
- Mean <u>+</u> (3 x standard deviation) = 99.73% data of the normal distribution
Answer: Less than in year 8
Explanation:
Here is the complete question:
A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represents a reduction in the net lease liability. The portion of the minimum lease payment in Year 10 applicable to interest expense should be:
a. Less than in Year 8
b. More than in Year 8
c. The same as in Year 12
d. Less than in Year 12
A capital lease is a type of lease whereby the leader asset are financed by the lessor while the lessee gets all other ownership rights.
Based on the scenario explained in the question, the portion of the minimum lease payment in Year 10 applicable to interest expense should be less than in Year 8.