Answer: The maturity value of the note is $5,66,533.
We can arrive at the answer with the steps below:
The formula we use to calculate Maturity Value is:
In this question,
Principal = $560,000
Interest = 7% per year
Time period = 60 days.
Number of days in a year = 360 days (given in the question).
Substituting the value of the time period calculated above in the Maturity Value formula we have:
Maturity Value = $560,000 × (1+(0.07×60/360))
Maturity Value = $560,000 × (1+(0.07×1/6))
Maturity Value = $560,000 × 1.011666667
Maturity Value = $566533.3333
Answer:
Fisher effect
Explanation:
Fisher effect is the effect in the economic theory that is established by the economist Irving Fisher, which states the relationship among the inflation and both nominal and the real interest rates.
This effect state that the real rate of interest equals to the nominal rate of interest deduct the expected inflation rate.
So, the relationship which is mentioned in the question is the fisher effect as it state the rate of interest that reflect the expectations likely the future inflation rates.
I think the explanation of this manner is that the concession items have a high-profit margin. It has more sales than the theater tickets. So to avoid the possible losses of income, the theater decides to make the prices of each item of concession stand must be the same to a different group of people.
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
Answer:
Option b (Inflationary gap.....(QN)) is the correct option.
Explanation:
- Unemployment rates naturally are not dependent upon business price movements. Everything just necessarily leads to friction as well as structure.
- Whenever natural rates are below official unemployment, therefore inflation seems to be on the way to the industry, this same manufacturing sector overheats or the actual growth rate is higher above inflationary pressures throughout economic growth.
There are three more alternatives that do not connect to the circumstance. Thus, the solution is right.
