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vodomira [7]
4 years ago
15

The rate of interest agreed upon contractually charged by a lender or promised by a borrower is the​ ________ interest rate. A.

effective B. continuous C. discounted D. nominal
Business
1 answer:
finlep [7]4 years ago
3 0

Answer: The correct answer is d) NOMINAL

Explanation: Nominal interest rate is the interest rate before inflation is taken into account. Nominal interest rate can also be used to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.

It is the contractual interest rate charged by a lender or promised by the borrower.

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A list of accounts and balances before adjustments are recorded is known as a(n)?
djverab [1.8K]

A list of accounts and balances before adjustments are recorded is known as a(n) Unadjusted trial balance.

What is accounts?

The entry of a transaction in a financial statement is referred to as a “accounts.” The account has been updated to reflect the debit and credit transactions. Assets, liabilities, revenue, equity, and expenses are all types of financial activity.

The unadjusted before trial balance as the adjustment of the record in the accounts. The trial balance as the entry in the double-entry account book, as the indicating the errors of the accounting.

As a result, the unadjusted trial balance, list of accounts and balances before adjustments are recorded.

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6 0
1 year ago
costco, a popular retail chain in north america, recently opened three new stores in sacramento to cater to its customers. this
just olya [345]

The fact that Costco opened three new stores to serve its customers exemplifies the growth strategy.

<h3 /><h3>What is the growth strategy?</h3>

It corresponds to an organizational plan that defines courses of action with the objective of reaching new markets and consumers. Some growth strategies are related to increasing market share, increasing investments and including benefits in the goods offered.

Therefore, a growth strategy when well implemented helps a company to create more value for the consumer, attracting and retaining them, in addition to becoming more competitive and positioned in the market.

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6 0
1 year ago
The manager of an orchard expects about 70% of his apples to exceed the weight requirement for ""Grade A"" designation. At least
kenny6666 [7]

Answer:

D) 356

Explanation:

ME = Z x √[(P x Q) / N]  

  • margin of error (ME) = 4%
  • 90% confidence level (Z) = 1.645 (by convention)
  • P = 70% of apples exceed Grade A
  • Q = 30% of apples do not exceed Grade A
  • N = sample size = ?  

0.04 = 1.645 x √[(0.7 x 0.3) / N]

0.04 = 1.645 x √(0.21 / N)

0.04 = 1.645 x 0.458 / √N

0.04 = 0.7538 / √N

√N = 0.7538 / 0.04 = 18.84

N = 18.84² = 355.2 ≈ 356 (there is no 0.2 apples, you must round up)

6 0
3 years ago
An open economy interacts with the rest of the world through its involvement in world markets for goods and services and world f
abruzzese [7]

Answer:

a. The effect of the tea shipment from India:

Imports:

Direction of change? (increase, decrease, no change)

Magnitude of change = $1,500,000

b.  Because of the identity equation that relates to net exports, the (increase/decrease?) in U.S. net exports is matched by (an increase/a decrease?)  in U.S. net capital outflow.

c. Examples of how the United States might be affected in this scenario:

The Indian tea producer purchases $1,500,000 worth of stock spread out over a few U.S. companies.

The Indian tea producer hangs on to the $1,500,000 so that it can use the U.S. dollars to make investments.

Explanation:

The net exports identity equation "Net Capital Outflow = Net Exports" measures the imbalance between a country's exports and imports.  It also measures the imbalance between the foreign assets bought by domestic residents and the domestic assets bought by non-resident foreigners.

5 0
3 years ago
Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt. true false user
konstantin123 [22]
The answer to the first one is False. The described process is called Garnishments. A periodic rate is <span>the interest rate you are charged for one payment period. </span>Fees associated with buying and finalizing your loan are known as closing costs
8 0
3 years ago
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