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murzikaleks [220]
3 years ago
15

Claire wants to take out a small personal loan to renovate her kitchen. She borrows $3,000. Her loan has an annual compound inte

rest rate of 15%. The loan compounds once each year. When you calculate Claire’s debt, be sure to use the formula for annual compound interest. A = P (1+StartFraction r Over n EndFraction)nt If Claire does not make any payments, how much will she owe after ten years? $12,136.67 $3,481.24 $6,090.90 $3,232.74
Business
2 answers:
Elan Coil [88]3 years ago
8 0

Answer: $12,136.67

Explanation:

Law Incorporation [45]3 years ago
3 0

Answer:

The answer is A

Explanation:

edg. 2020

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Price level stability necessitates intelligent management or regulation of which of?
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Price level stability necessitates intelligent management or regulation for money supply and interest rates.

Money supply alludes to how much money or cash coursing in an economy. The money supply is the aggregate sum of money present in an economy at a specific level.

The record of the absolute money supply is kept by the Central Bank of the country.

Interest rates is the sum a bank charges a borrower and is a level of the head - the sum credited. The financial cost on a credit it's regularly noted on a yearly premise known as the Annual Percentage Rate (APR).

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Ivenika [448]
If you want to buy it
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On January 1, 2011, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
horsena [70]

Answer:

Explanation:

Bonds are corporate debt units that are issued by firms inform of financial securities and  are traded as tradeable assets. It is basically referred to as a fixed income instrument since bonds conventionally are paid a certain fixed amount of interest rate (coupon) to its respective debtholders.

going by the question Upon issuance, Ozark should

Credit premium on bonds payable $100,000

Because face value of bonds =  $10 million but issue price is  $10 million * 101 % i.e $ 10100000

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5 0
3 years ago
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Delvig [45]

Answer:

Government often feel that they must increase government expenditures or be voted out of office.

Central banks in developing countries often do not enjoy full independence, and are used by corrupt government to finance deficit spending.

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Inflation is the decline in purchasing power of a currency. The increase in inflation lead to less spending. Government increase inflation to cease increased money flow in the country. The prices of goods and services are increase in the country when inflation increases.

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Alecsey [184]

Answer – B (He could fill out a FAFSA form to determine what financial aid he would qualify for)

 

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3 years ago
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