1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ray Of Light [21]
3 years ago
14

If the inflation rate is 10 percent and the real interest rate is 12 percent, the nominal interest rate is:

Business
1 answer:
AlexFokin [52]3 years ago
7 0

Answer:

nominal interest rate= 0.2= 22%

Explanation:

Giving the following information:

Inflation rate= 10%

Real interest rate= 12%

<u>The real interest rate is the result of deducting from the nominal interest rate the inflation rate. Inflation has the opposite effect than interest.</u>

<u></u>

Real interest rate= nominal interest rate - inflation rate

nominal interest rate= real interest rate + inflation rate

nominal interest rate= 0.12 + 0.10

nominal interest rate= 0.2= 22%

You might be interested in
A property is being appraised using the gross rent multiplier. A comparable property that rents for $150 per month recently sold
Helga [31]

Answer:

The sales price of the appraised property is $26,400

Explanation:

The sales price of of the appraised property can be expressed as;

SA=(A/C)×SC

where;

SA=selling price of the appraised property

A=appraised rent per month

C=comparable rent per month

SC=selling price of the comparable property

In our case;

SA=unknown

A=$165 per month

C=$150 per month

SC=$24,000

replacing;

SA=(165/150)×24,000=$26,400

The sales price of the appraised property is $26,400

3 0
3 years ago
Ibram Corporation had 200,000 shares of $1 par value common stock outstanding. If Ibram announces a 4-for-1 stock split, the par
LenaWriter [7]

Answer:

Post split Shares: 800,000

Post split par value: $0.25

Explanation:

Stock split seeks to increase the number of shares available for trading on the exchange thus increasing the liquidity. Stock split of 4 for 1 increases the shares by 4 times e.g. every holder of 1 share will receive total of 4 new shares. Thus the shares will increase to 4 times: (200,000 * 4) = 800,000.

Post split share price is calculated by dividing par value to the proposed split.

($1 / 4) = $0.25 per share.

3 0
3 years ago
Nike outsources the manufacturing of its athletic shoes and apparel to manufacturers throughout the world. it needs an effective
weqwewe [10]
Production Nd shipping is my best guess! Since it made a point that they ship all over the world



Hope I helped :) - beanz
8 0
3 years ago
Searls Corporation, a merchandising company, reported the following results for July: Number of units sold 2,700 units Selling p
melisa1 [442]

Answer:

$534,600

Explanation:

<em>Contribution margin = Sales - Variable Costs</em>

where :

Sales = 2,700 units x $664 = $1,792,800

Variable Costs = Costs of Goods Sold + Variable Selling Costs + Variable Administrative Cots

                        = 2,700 units x $405 + 2,700 units x $48 + 2,700 units x $13

                        = $1,258,200

therefore,

Contribution margin = $1,792,800 - $1,258,200 = $534,600

6 0
3 years ago
The U.S. National Treasury issued $3 million of 2.7% bonds, due in 10 years, with interest payable annually at year-end. Calcula
lesya [120]

Answer:

$81000

Explanation:

The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.

For example

A bond with $1000 value with 5% interest is simply 5% of $1000 = $50

Therefore,

$3,000,000 * 2.7% = $81000

(2.7 % = 0.027)

Hope that helps.

3 0
3 years ago
Other questions:
  • Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2015, 125 share
    7·1 answer
  • Mr. Decker invested $20,000 in cash in his new business. How does the company record the investment?
    7·1 answer
  • Who has the authority to issue professional liscenses?
    11·2 answers
  • Rewrite the following equation in standard form y=8x+2
    7·1 answer
  • A company manufactures a product using machine cells. Each cell has a design capacity of 250 units per day and an effective capa
    11·1 answer
  • Nolan Dry Cleaners has determined the following about its​ costs: Total variable expenses are $40,000​, total fixed expenses are
    15·1 answer
  • You are a speculator who sells a call option on Swiss francs for a premium of $.06, with an exercise price of $.64. The option w
    14·1 answer
  • If units produced are greater than units sold: Multiple Choice
    5·2 answers
  • Wildhorse Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2022.
    9·1 answer
  • Name two kind of businesses that you could start in the fashion industry and explain what skills you would need to start them.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!