Answer:
Simple interest is paid on large, long-term loans, while compound interest is paid on small, short-term loans. Simple interest is paid on the principal and interest accrued, while compound interest is paid only on the principal. Ask for details.
Explanation:
Answer:Is always the same; a straight line
Explanation:
If there is always a 4-for-1 tradeoff between producing good X and good Y, it follows that the opportunity cost of X (in terms of Y) is always the same and the PPF for these two goods is a straight line
PPF Production Possibility Frontier plays an important role in that It is used to demonstrate the point that any nation's economy reaches its greatest efficiency level. This happens when it manufactures only what it is qualified to manufacture and trades with other nations for the rest of what it needs.
Also called transformation curve, It is a decision making tool That supports that manufacturing of one commodity may increase only if the manufacturing of the other commodity decreases.
Answer:
$2,850
Explanation:
Given the following :
Face value of security = $100,000
Carrying value = $95,000
Effective interest rate = 6%
Interest paid semianually = $2500
The effective interest revenue recognized for the six months ended December 31, 2018 is:
IF effective interest rate = 6%
Semiannual interest = 6% / 2 = 3%
Therefore effective interest revenue for six months will be the product of the carrying value and the interest rate within the six months period :
3% = 0.03
0.03 * $95,000 = $2,850
Answer:
D. None of the above
Explanation:
Computation for the tax on this property
Property Tax = [(3% × $250,000] + [1% ×($629,800-$250,000)]
Property Tax= $7,500+ $3,798
Property Tax= $11,298
Therefore the tax on this property will be $11,298 which means that the choices listed above are not correct.
Answer:
Pounds of raisins = 8.78 pounds
Pounds of nuts = 1.22 pounds
Explanation:
- Let X equal pounds of raisins
- Let (10-X) equal pounds of nuts
- Multiply by the costs for each and set it all equal to 10 pounds at $4/pound
$3.45X + $7.95(10-x) = 10 pounds *$4/pound
$3.45X + 79.50 - 7.95x = $40
Now simplify the x variables on the left and subtract the dollar amount from the right:
3.45x-7.95x = 40-79.50
-4.5x= -39.50
Divide by negative 4.5 to solve for x
x= 8.78 (rounded)
Remember that x= amount of raisins and (10-x)= pounds of nuts
Pounds of raisins = 8.78 pounds
Pounds of nuts = (10-8.78) = 1.22 pounds
Notice that 8.78+1.22 = 10 pounds, so it all checks out!
