The Central Bank is the "banker" to banks, government, and financial institution, where the Commercial Bank is the "banker" to the citizens. The Central Bank is the monetary authority of the country. The Central Bank does not deal with the general public, but Commercial Bank does
Answer: $45,862.29
Explanation:
This question relates to the Present value of an Annuity.
The original price would be the present value of the payments and since the payments are constant over a period, they are an annuity
Interest/ r = 2.25/12 months = 0.1875%
Periods/ n = 4 * 12 months = 48 months
= Payment * (( 1 - ( 1 + r) ^ n)/ r)
= 1,000 * (( 1 - ( 1 + 0.1875%)^48) / 0.1875%)
= $45,862.29
(a) Debt ratio = 0.82
Debt/ Assets = 0.82
Debt/(Debt + Equity) = 0.82
Debt = 0.82Debt + 0.82 Equity
0.18Debt = 0.82 Equity
Equity = 0.18Debt/0.82
Debt/Equity = Debt/(0.18Debt/0.82) = 4.5556
Debt/Equity = 0.82/0.18 =4.5556
Debt-Equity ratio = 4.56 times
(b) Equity Multiple = 1 + Debt-equity ratio
Equity multiplier = 1+4.56 = 5.56
Equity multiplier = 5.56 times
Answer and Explanation:
The classification is as follows
a. The Dmirti is considered to be employed as she is working part-time
b.France is considered to be unemployed as currently he hasn't had a job he is still looking for a job
c. Jake is not in the labor force as he is so discouraged and due to which he gave up for job search
d. Rosa is considered to be unemployed as currently she has not have any job and currently she is looking for a job
e. Nick is to be considered as an employed as he is currently working
f. Latasha is to be considered in not in the adult population as she is just 12 year old student
