Answer:
hospitals, highways, schools
Explanation:
A municipal bond is a type of debt security made by government entities in order to finance <em>capex </em>(capital expenditures), mainly for the construction of hospitals, highways, schools.
They represent loans that investors give to such government entities and they are usually exempt from the usual taxes on building such things.
Answer:
$8,780
Explanation:
According to the planning budget, the monthly operating cost for the vehicle is:
Where 'd' is the number of snow-days.
If the company has planned for 16 snow days, then the operating cost in the planning budget would be:
The planning budget for December would be $8,780
Answer:
The correct answer is (A and C)
Explanation:
Storing data is important for businesses as it helps to record everything, and it can be used at any time to ensure transparency and integration. Relationship database is a mean of storing data which helps to apply business rules and regulations across every operation. Likewise, it also helps to inline all the operations to integrate business processes.
Answer:
1. 4%
2. 2%
Interest rates are rounded off to nearest whole number.
Explanation:
Fisher effect formula determines the relationship between the Nominal rate, Real rate and inflation rate.
Fisher effect formula is as follows
1 + nominal rate = ( 1 + real rate ) ( 1 + inflation rate )
1.
1 + 5% = ( 1 + real rate ) ( 1 + 1% )
1.05 = ( 1 + real rate ) x 1.01
1 + real rate = 1.05 / 1.01
1 + real rate = 1.0396
real interest = 1.0396 - 1 = 0.0396 = 3.96% = 4%
2.
Inflation premium = [ ( 1+ nominal rate ) / ( 1+ real rate ) ] -1
Inflation premium = [ ( 1+ 6% ) / ( 1+ 4% ) ] -1
Inflation premium = [ ( 1.06 / 1.04 ] -1
Inflation premium = 1.0192 - 1
Inflation premium = 0.0192
Inflation premium = 1.92%
Inflation premium = 2%
