Answer:
1. Increases in demand will increase both the interest rate and the total amount of borrowing and lending. Decreases in demand will decrease both the interest rate and the total amount of borrowing and lending.
Explanation:
The amount of interest expense recognized by jones in the current fiscal year is $306
The following illustrates how interest costs were calculated:
= Principal * Interest * Days * Days * Rate of Interest (total number of days in a year)
Simple interest is a simple and straightforward formula for figuring out how much interest will be charged on a loan. The daily interest rate, the principal, and the number of days between payments are multiplied to determine simple interest.
Simple interest is calculated by dividing the principal by the time, interest rate, and time period. "Simple Interest = Principal x Interest Rate x Time" is the written formula. This is the most fundamental formula for calculating interest.
= $79800.00 x 6% x (23 / 360)
= $305.98
The nearest dollar is $306
the period of 23 days runs from July 8 to July 31.
By multiplying the principal amount by the rate of interest and the duration, we simply applied the basic interest formula.
Learn more about simple interest at
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Answer:
220
Explanation:
Let us assume the adult ticket be X
And, the student ticket be Y
So, the first equation is
X + Y = 360
So, Y = 360 - X
Now the second equation is
5X + 3Y = $1,360
Now put the Y value to the above equation
5X + 3 × (360 - X) = $1,360
5X + 1,080 - 3X = $1,360
2X = $1,360 - $1,080
2X = $280
X = 140
Now the X + Y = 360
So, Y equal to
= 360 - 140
= 220
Answer:
The correct answer is option a.
Explanation:
Productivity can be defined as a measure of the efficiency of a person, factory, machine, system, etc, to convert inputs into outputs. In other words, it is the rate of output per unit of input.
Productivity is an important determinant of living standards. A higher level of productivity means better living standards. This implies that growth in productivity is the key determinant of growth in living standards.
The permit authorizes the alcoholic beverages to be:
1. stored, mixed and possessed on the club premises and
2. Served for on-premise consumption only to members of the club and their family members and guests.
These regulations are for private club registration for alcoholic handling. Applicants are subjected to annual fees payment.