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3 years ago

Banks can create an unlimited amount of money. True or false, and why?

1 answer:

4 0

Could be true. Banks use the stored money to invest, and if they make the right investments, theoretically they can have excess in money, investing more with the excess, and this keeps happening.

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If price is less than the average variable cost of a representative firm in a competitive industry in short-run:_________

IceJOKER [234]

Answer:

I think the answer is "D"

Explanation:

hope it helps :)

3 0

2 years ago

An online sales order processing system most likely would have an advantage over a batch sales order processing system by: Recor

tensa zangetsu [6.8K]

Answer:

The answer is: Enabling shipment of customer orders to be initiated as soon as the orders are received.

Explanation:

In a batch sales ordering process, your sales team gathers information about sales throughout an specific period of time and then enters it into the system all at once. While an online sales order processing system processes each sales transactions into your system immediately.

Imagine you want to buy a set of chairs and the salesman takes your order at 9 AM. If the salesman uses a batch sales ordering process, he might have to wait until midday to place your sales order along with all the other sales he did in the morning. If he was using an online sales order processing system, your sale would have been processed immediately without any other delay. That obviously saves time.

4 0

3 years ago

Suppose you work for a municipal water department for a city with 200,000 people, and your job is to design a program that ensur

olasank [31]

Answer: i really dont know im just trying to get points so i can ask a question

Explanation:

4 0

2 years ago

Read 2 more answers

Calculate the value of a bond that matures in 16 years and has a $ 1 comma 000 par value. The annual coupon interest rate is 13

spayn [35]

Answer:

$1,069.74

Explanation:

We use the present value formula which is shown in the attachment below:

Data provided in the question

Future value = $1,000

Rate of interest = 12%

NPER = 16 years

PMT = $1,000 × 13% = $130

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the value of the bond is $1,069.74

7 0

3 years ago

A taxpayer, age 64, purchases an annuity from an insurance company for $62,000. She is to receive $517 per month for life. Her l

Ber [7]

Answer:

$3,220.90

Explanation:

Expected Return = $517 * 12 months * 20.8 years

Expected Return = $129,043.20

Exclusion Percentage = $62,000/ $129,043.20

Exclusion Percentage = 0.4804593

Exclusion Percentage = 48.05%

Exclusion amount = $6,200 * 48.05%

Exclusion amount = $2,979.1

Amount included in Income = $6,200 - $2,979.1

Amount included in Income = $3,220.90

5 0

2 years ago