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Mice21 [21]
3 years ago
12

Suppose you buy a CD for $750 that earns 4% APR and is compounded quarterly. The CD matures in 3 years. Assume that if funds are

withdrawn before the CD matures, the early withdrawal fee is 3 months' interest. What is the early withdrawal fee on this account
Business
2 answers:
Alex3 years ago
3 0
The answer i got for this question is $7.50
yulyashka [42]3 years ago
3 0

Answer:

$7.5

Explanation:

The computation of the early withdrawal fee on this account is shown below:

= CD buying price × annual percentage rate × number of months for withdrawal fee

= $750 × 4% × 3 months ÷ 12 months

= $7.5

Simply we multiplied the buying price of CD with the annual percentage rate and the number of given months for withdrawal fee so that the exact fee amount can come.

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What happens to consumption and investment spending when the Federal Reserve decreases the money supply
Illusion [34]

Answer: Consumption and investment spending decrease or falls.

Explanation:

When the Federal Reserve decreases the money supply, this will lead to a fall in the consumption and investment spending. This is a contractionary policy by the government which is typically used to curb inflation.

Since there's reduction in money supply, there'll be less money in circulation and hence, decrease in consumption and investment expenditure.

3 0
3 years ago
Suppose the typical Buffalo Bills fan has the following demand curve for Bills football games: P = 120 – 10G where G is the numb
Vika [28.1K]

Answer:

(a) If the Bills want to sell tickets to all 8 games by selling eight individual tickets, they have to set the price P = 120 − 10(8) = 120 − 80 = $40. This yields revenue of $40(8) = $320 from each fan.

(b) If the Bills practice second degree price discrimination, they can effectively charge

P = 120 − 10(1) = 120 − 10 = $110 for single games,

P = 110 + 100 + 90 + 80 = $380 = $95/ticket for a 4-game package, and

P = 110 + 100 + 90 + 80 + 70 + 60 + 50 +40 = $600 = $75/ticket for an 8-game package.

4 0
3 years ago
Experienced trainers prepare a complete set of notes that they read to trainees to make sure that no important material is omitt
Cloud [144]
<span>FALSE. The trainer should write notes as Bullet points to ensure nothing is skipped and he/she stays on task. Star the most important bullet points to be sure each trainee understands what is being taught. Notes could also include hand out sheets to give to trainees.</span>
4 0
3 years ago
If nominal gdp is $12 trillion and real gdp is $10 trillion, then the gdp deflator is
Juli2301 [7.4K]
<span>If nominal gdp is $12 trillion and real gdp is $10 trillion, then the gdp deflator is: </span><span>120, and this indicates that the price level has increased by 20 percent since the base year.</span>
<span>
GDP deflator reflect the effects of new prices to the product that produced domestically. 
It calculated with this equation:

GDP Deflator = GDP Nominal/Real GDP x 100

= 12 Trllion /10 Trillion   x 100
= 120</span>
6 0
3 years ago
I need nitro gold. plz, donate to nitro type user DeckertheBEAST. don't answer for the points. GUYS I'M IN NEED. Thanks for thos
katrin2010 [14]

Answer:

whats that? ._.

Explanation:

8 0
2 years ago
Read 2 more answers
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