<em>The answer you are looking for is: </em>
<u><em>True</em></u>
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Answer:
Date Account Title Debit Credit
Feb 13 Cash $10,975
Sales $10,000
Sales Tax Payable $975
(10000 * 9.75%)
Answer:
1% negative
Explanation:
<u>a. What is the real interest rate?</u>
the inflation premium is an added value to the real interest rate to cover the effect of inflation and be more attractive to potential investor:
real interest rate + inflation premium = nominal interest rate
real interest rate + 2% = 1%
we clear real interest:
real interes rate = 1% - 2% = -1%
The real interest is 1% negative
The answers are the following:
a.
Brandon:
$7,000 + [($10,000/4)×3¿= $8,500
Ryan:
$7,000 + [($10,000/4)×1¿= $7,500
b.
Brandon $7,000
Ryan <span>$7,000</span>
Answer:
Explanation: hey, do your best i think you can do good