Answer:
The correct answer is A.
Explanation:
Giving the following information:
Future Value= $420,000
Number of periods (n)= 4*3= 12 quarters
Interest rate (i)= 0.085/4= 0.0213
<u>To calculate the quarterly deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (420,000*0.0213) / [(1.0213^12) - 1]
A= $31,086.79
Answer:
correct option is a. 2333
Explanation:
solution
we know here Expected Variable Cost per unit is
Expected Variable Cost per unit= $400 + ($400 × 10%)
Expected Variable Cost per unit = $440
Expected Fixed Cost = $110,000 - $10,000
Expected Fixed Cost = $100,000
Selling Price = $500 per unit
so
we consider number of units to be sold to earn Net Income of $40,000 will be X Units
so equation will be
Net Income = Sales - Variable Expenses - Fixed Cost ..................1
put here value we get
$40,000 = ($500 × X) - ($440 × X) - $100,000
X = 2333.33
X = 2333 units
so correct option is a. 2333
a. The contract that Jamie entered into for the purchase a washer and dryer based on an in-store credit card with McKinney Appliances constitutes an <em>enforceable security interest.</em>
The enforceability of the contract stems from the fact that Jamie freely agreed to use the store's credit and the agreement was not a fraud. With this security interest, McKinney Appliances officially establishes its security interest in the washer and dryer. It can exercise the claim in the appliance when Jamie fails to honor the agreement.
b. Yes. It is an enforceable contract. This contract involves the sale of goods with a down payment and credit.
Thus, McKinney Appliances can legally force Jamie to pay on his account, failing which, McKinney Appliances may recover Washer and Dryer.
Learn more: brainly.com/question/9636559
Answer: European union
Explanation: The European union is the joint union organisation of 28 European countries.
In the given case, Sebastian motors has been affected by the factor of external environment. In the year 2018, European union evidenced a major downfall in currency due to the brexit deal from England.
Hence from the above we can conclude that the correct answer is European union.
Answer:
The higher discount rate lower the banks incentive to borrow from the Fed, lowering the quantity of reserves, and causing the money supply to fall.
This is because a higher discount rate makes borrowing from the Fed more expensive. Some of the money that would have been borrowed from the fed becomes bank reserves, and some other becomes loanable funds that increase the money supply. As a result, if banks borrow less from the fed, the money supply falls (or grow less).
The Fed Funds rate is the rate that banks charge one another for short-term overnight loans.
This occurs when banks are stripped of cash, and rely on other banks to meet their cash requirements for the day.
When the Fed buys government bonds, the reserves in the banking system increases, the banks demand for the reserves decreases, and the federal funds rate falls.
When the Fed buys government bonds, it is essentially creating money. This money enters the banking system in the form of reserves, of which some are loaned out, creating even money. Demand for the borrowed reserves falls because banks now need less of it, and as a result, their price: the federal funds rate, also falls.
Explanation:
