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Anna35 [415]
3 years ago
12

Differences between open opportunity legal equality and free contract

Business
1 answer:
Likurg_2 [28]3 years ago
5 0
<span>open opportunity - allows people to participate in the market of their choice and what they want to do in the market
legal equality - assures people in each market have the same rights</span>
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d. understanding

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In the given scenario the speaker is using unfamiliar terms and jargon, so Sharice asks the speaker to clarify the meaning of what he is saying.

She is trying to understand what the speaker is saying

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Reporting the details of notes is consistent with which accounting principle that requires financial statements (including footn
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The correct answer is Option B.

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In order to stay calm in emergency situations, dispatchers and EMT's set aside their emotions during a crisis. After the crisis
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2 years ago
Find the effective interest rate per payment period for an interest rate of 9% compounded monthly for each of the given payment
Temka [501]

Answer:

a. 0.75% per month

b. 2.25% per quarter

c. 4.5% semi- annually

d. 9% yearly

Explanation:

a. Computing the effective interest rate per payment period for the payment schedule which is monthly:

Effective rate (monthly) = Nominal rate (r) / Compounded monthly (m)

where

r is 9%

m is 12

Putting the values above:

= 9% / 12

= 0.75% per month

b. Computing the effective interest rate per payment period for the payment schedule which is quarterly:

Effective rate (quarterly) = Nominal rate (r) / Compounded quarterly (m)

where

r is 9%

m is 4

Putting the values above:

= 9% / 4

= 2.25% per quarter

c. Computing the effective interest rate per payment period for the payment schedule which is semi- annually:

Effective rate (semi- annually) = Nominal rate (r) / Compounded quarterly (m)

where

r is 9%

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Putting the values above:

= 9% / 2

= 4.5% semi- annually

d. Computing the effective interest rate per payment period for the payment schedule which is annually:

Effective rate (annually) = Nominal rate (r) / Compounded yearly (m)

where

r is 9%

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Putting the values above:

= 9% / 1

= 9% yearly

3 0
3 years ago
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