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Andreyy89
4 years ago
13

The Fed is concerned principally with the availability of money and credit for?​

Business
1 answer:
givi [52]4 years ago
6 0

The Fed is concerned principally with the availability of money and credit <u>for the entire economy.</u>

Explanation:

  • The Federal Reserve System is the central bank of the United States.
  • The Fed's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.
  • The Fed is concerned principally with the availability of money and credit for the entire economy. It does not issue Treasury securities.
  • It does not have an obligation to meet the financial needs of the federal government. Its responsibility is to provide a stable monetary framework for the economy.
  • The goals of monetary policy are to promote maximum employment, stable prices and moderate long-term interest rates.
  • By implementing effective monetary policy, the Fed can maintain stable prices, thereby supporting conditions for long-term economic growth and maximum employment.
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(B) expands on the information in the applicant's resume.

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A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of (round to the nearest dollar) at the
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Answer:

An information is missing on this question but I found the complete details as shown below;

"A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of

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An annuity payment is made in equal amounts for a specified period of time in this case 6 years.

Since the equal payments are made annually and you are given the Present value of the annuity as $50,000 & discount factor of 4.6229, divide the PV by the discount factor. The value of equal payments should be equivalent to the $<em>10816 ;</em>

<em>=50,000 / </em>4.6229

= 10815.7217

Next, round the answer to the nearest dollar;

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<em />

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