A set of keywords and symbols used to define searches on the internet are referred to as Boolean operators.
With boolean operators, we're talking about the AND, OR, NOT words that we would usually use when we would try to combine multiple strings together.
Answer:
PV= $8235.817383
Explanation:
Giving the following information:
Your brother has asked you for a loan and has promised to pay you $9,800 at the end of three years. You normally invest to earn 6.40 percent per year.
FV= $9,800
i= 0.064
n= 3
Present Value=?
We need to use the present value formula:
PV= FV/(1+i)^n
PV= 9800/(1.064^3)= $8235.817383
Answer:
Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans?
the discount rate is the interest rate that the Federal Reserve System charges banks for the loans it makes. The overnight rate or the federal funds rate is even lower, but it lasts a few hours only.
Select the charge the Fed levies on banks borrowing funds that would result in the smallest increase in the money supply.
- two percentage points above the private level
the higher the interest rate, the lower the increase in the money supply.
Answer:
a) true
Explanation:
When you are preparing a project, any budget that you make is only an approximate or estimated budget. Even when you are carrying on the project, the estimated costs might vary, hopefully the variances are favorable, but they can also be unfavorable. Depending on the type of project, a certain amount or percentage must be considered for unexpected incurred costs, also known as cost overruns.