Answer:
A. if the extra interest cost of borrowing long-term is less than the expected cost of rising interest rates before it retires its debt.
Answer:
An increase in the quantity supplied of pepperoni rolls and decrease in supply of pizza
Answer:
Friendly's would say you were paying <u>1042.86% APR</u>.
Explanation:
Annual percentage rate (APR) can be described as the yearly interest rate that is paid by a borrower to a lender which is expressed in percentage term without taking compounding into consideration.
Annual Percentage Rate (APR) can be determined using the following formula:
APR = {[(Fees + Interest amount) / Principal / n] * 365} * 100 ……………… (1)
Where;
APR = ?
Fees = 0
Interest amount = Amount to repay - Amount to borrow = $12.00 - $10.00 = $2.00
Principal = Amount to borrow = $10.00
n = Number of days in the loan term = One week = 7 days
Substituting the values into equation (1), we have:
APR = {[(0 + 2) / 10 / 7] * 365} * 100
APR = 1042.86%
Therefore, friendly's would say you were paying <u>1042.86% APR</u>.
Answer:
The correct answer is option B.
Explanation:
The market for oranges is perfectly competitive. An increase in the demand for oranges will cause the demand curve to move to the right. This rightward shift in the demand curve will cause the equilibrium price and quantity to increase.
At higher price, the producers will supply more oranges, because they will earn more profits. The supply of product is positively related to its price. So at higher price of oranges, more quantity will be supplied.
Answer:
The correct answer is (c)
Explanation:
In this situation, Francis will select the second candidate based on his cognitive abilities. There are various aspects which employers would like to see in a candidate, for example, education, experience, professionalism and many other qualities including cognitive abilities. Cognitive ability shows candidates seriousness towards a job their abilities, how focus they are and their mental strength.
