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Karolina [17]
3 years ago
11

What is the typical relationship between time and interest rate

Business
2 answers:
vodka [1.7K]3 years ago
7 0
OK so basically it would be like if you waited a longer amount of time there would be more interest
valina [46]3 years ago
4 0

Answer:

The relationship between time and interest rate is that they are relatively proportional to each other.

Explanation:

Relative proportionality means that both time and interest rate are wholly dependent on each this means that the more the time given to an investment or debt the more the interest rate receivable or the interest to be paid increases.

Typically interest rates are calculated based on annual basis. another good example of the relationship between interest rate and time the compound interest rate which sees your interest rise overtime as you keep on investing or carrying over debts.

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List three nondurable goods that you use on a regular basis
svetlana [45]

toilet paper/ soap/water/food
6 0
3 years ago
The fiscal policy that involves reducing government spending, reducing transfer payments, or raising taxes to decrease aggregate
Zepler [3.9K]
The correct option is C.
Fiscal policy refers to the method that the government use to adjust its spending levels and tax rates in order to monitor and influence the nation's economy. Fiscal policy are divided into three types, these are: neutral, expansionary and contractionary fiscal policy.  A contractionary fiscal policy is one which occurs when a government lowers its spending and increase the tax rate<span />
3 0
3 years ago
The first unit of a product took 400 hours to complete. The firm plans to produce 8 units in the first month and 10 units in the
Aliun [14]

Answer:

1,200 hours

Explanation:

Solving mathematically this will be :

<em>y = ax^b</em>

where,

y is the cumulative average time required to produce x units

a is the time required to produce the first unit of output

x is the number of units of output under consideration

b is the log of the Learning Curve % divided by Log 2

The firm use 150 hours to work on the product during the second month

Amount of time used in the first month will be calculated as :

y = 400(8)^(-0.322)

  = 204.8 hours (average)

Total for 8 units = 204.8 hours × 8 units

                           = 1,638.40 hours

Amount of time used for the total months to manufacture 18 units :

y = 400(18)^(-0.322)

  = 157.74 hours (average)

Total for 18 units = 157.74 hours × 18 units

                            = 2,839.32 hours

Therefore,

Hours to be used in the second month = Time on 18 units - Time on 8 units

                                                                 = 2,839.32 hours - 1,638.40 hours

                                                                 = 1,200 hours

So, the firm use 1,200 hours in total for the 10 units. Which gives an average of 120 hours per unit

7 0
3 years ago
Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company retur
Oksi-84 [34.3K]

Answer:

Dr Cash $825

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

Explanation:

Preparation of the journal entry that Concord Company make upon receipt of the check

Dr Cash $825

($800+$25)

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

(To record receipt of the check)

Sales discount=(Sales Price -Sales return) × 1%

Sales discount=($3300 - $800) × 1% = $25

5 0
3 years ago
You receive a text from a number claiming to be your credit card company that requires you to verify some suspicious charges usi
Yuki888 [10]

A phishing assault occurs when someone sends credit card-related emails, texts, or information and then clicks on a link to verify account information.

What is a suspicious charge?

The term "suspicious charge" refers to the feeling that somebody has done something wrong, fraudulent or illegal. Somebody misuses personal information and details.

Phishing is the process of obtaining vital or sensitive information for malevolent objectives, such as a username, password, code, current bank balance, and credit card information.

As a result, phishing scams are the most common type of attack.

Learn more about on suspicious charge, here:

brainly.com/question/2621041

#SPJ1

6 0
2 years ago
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