Answer:
1. 15.40%
2. 3.85%
3. 16.31%
Explanation:
1. Nominal rate = Interest rate
Nominal rate = 15.40%
The Nominal rate of the investment is 15.40%
2. Periodic rate = Nominal rate / Number of time compounded in year
Periodic rate = 15.40 / 4
Periodic rate = 3.85%
The Periodic rate of the investment is 3.85%
3. Effective interest rate = (1 + Nominal Rate)^n - 1
Effective interest rate = (1 + 015.40%/4)4 - 1
Effective interest rate = (1 + 0.1540/4)^4 - 1
Effective interest rate = (1 + 0.0385)^4 - 1
Effective interest rate = 1.0385^4 - 1
Effective interest rate = 1.16312396 - 1
Effective interest rate = 0.16312396
Effective interest rate = 16.31%
The Effective Annual Rate of the investment is 16.31%
Answer:
<em>The company should use all of its limited machine hour to produce only product B. This will make it maximize profit</em>
Explanation:
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource</em>
Product Cont/unit machine hr /unit cont/hr Ranking
A 6-2 = $4 per unit 2 hours $2 per hour 2nd
B 5-2 = $3 per unit 1 hour $3 per hour 1st
<em>The company should use all of its limited machine hour to produce only product B. This will make it maximize profit</em>
Microwave is the fastest way to heat something also easiest way but no the healthiest and the food dose not taste as good (example when you microwave pizza it turns out rubbery and taste fake and not as fresh)
Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
<h3>What is an
inflation? </h3>
An inflation means a persistent rise in general level of goods and service in a particular year.
- Inflation affects consumer spending because the purchasing power of currency reduces
- Inflation affects discount rates
- Inflation results to rising price of goods and services
- Inflation gives the overall economy a hard time
In conclusion, an Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
Read more about Inflation
<em>brainly.com/question/777738</em>
