Answer: 11.88%
Explanation:
Hiker's effective interest rate on this loan will be calculated as:
Interest = Amount × Discount rate × 8/12
= 112000 × 11% × 8/12
= 112000 × 0.11 × 0.667
= 8217.44
= 8217 approximately
Effective interest rate will then be:
= (Interest / Amount - Interest) × 12/8
= 8217 /(112000 - 8217) × 3/2
= 8217/103783 × 1.5
= 0.0791748 × 1.5
= 0.1187622
= 11.88%
When the local currency falls in value, imports become more expensive, causing locals to purchase fewer imported goods. Exports, on the other hand, are less expensive to international buyers, so their demand rises. Fewer imports and more exports will reduce the trade deficit and may even result in a surplus.
<h3>What is
trade deficit?</h3>
The difference in the monetary value of a country's exports and imports over a given time period is known as the balance of trade, commercial balance, or net exports. A distinction is sometimes made between a trade balance for goods and one for services.
The net-export effect works as follows: A higher price level raises the relative cost of domestic exports to other countries while lowering the relative cost of foreign imports from other countries. As a result, exports fall while imports rise, resulting in a drop in net exports.
The net export variable is critical in calculating a country's GDP. A trade surplus boosts the country's GDP.
To know more about trade deficit follow the link:
brainly.com/question/10276258
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<span>Ctrl+End
Although this is actually a shortcut method in excel for accomplishing the task in the above named question, there is no other direct methods for selecting the last set of data one is working with in Microsoft excel.</span>
Answer: A. An automobile company promotes small family cars and sports utility vehicles to a specific demographic.
Explanation:
Differentiated marketing is a form of marketing that occurs when the advertisement that is done by a particular company appeals to some particular target audiences or segments. Thus is usually done by the company to get ire customers and also enhance the brand awareness.
In this case, the activity that is an example of differentiated marketing will be option A. "An automobile company promotes small family cars and sports utility vehicles to a specific demographic".
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I believe the correct answer is option C
Plumber = 2 years
Manager = 3 years
Architect = 7 years
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