Answer: $3,225 x 6 = $19,350
Answer:
The answer is: Inflation rate
Explanation:
Inflation rate measures the rate at which the average prices in an economy increases over time.
As the general level of prices rise in an economy, a unit of currency buys less than it did before. For example, 100 years ago you could buy a new car for less than $300.
Answer:
The correct response is "enforcing the truth in Lending Act".
Explanation:
- This same original objective of many of these Federal Reserve Restrictions would be to safeguard human potential customers toward misleading banking as well as making loans methodologies that could cause significant actual damage or invalidate independent constitutional protections.
- Individuals implement regulations and procedures to support the borrowing and government assets, as well as to discourage manipulation when doing so.
Answer:
The answer is D.
Explanation:
Sinking funds require the issuer(borrower) to set aside assets at specified amounts to retire the bonds at maturity. Sinking fund helps the issuer to secure a bond with lower yield.
An agreed amount is deposited at an agreed period (e.g yearly) so as to pay of the par value or principal value at maturity.