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Elina [12.6K]
3 years ago
10

The probability that house sales will increase in the next 6 months is estimated to be 0.25. the probability that the interest r

ates on housing loans will go up in the same period is estimated to be 0.74. the probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89. the probability that neither house sales nor interest rates will increase during the next 6 months is
Business
1 answer:
weeeeeb [17]3 years ago
7 0

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Your brother is starting 9th grade next year and is thinking about going to college. What steps would you recommend he take?
kondor19780726 [428]
D. The FAFSA form will only be relevant for student aid, and 9th grade is too early to apply for that.
5 0
4 years ago
Read 2 more answers
Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list
coldgirl [10]

Answer:

November 17, 2021

Dr. Inventory              $81,000

Cr. Account payable $81,000

November 26, 2021

Dr. Account Payable $81,000

Cr. Discount Income $2,430

Cr. Cash                     $78,570

December 15, 2021

Dr. Account payable $81,000

Cr. Cash                     $81,000

Explanation:

Sales Amount = 270 units x $400 = $108,000

Discount = $108,00 x 25% = $27,000

Net Sales = $108,000 - $27,000 = $81,000

Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

Payment made on

November 26, 2021

As the payment is made within discount period, so discount will be availed

Discount = $81,000 x 3% = $2,430

Cash received = $81,000 - $2,430 = $78,570

December 15, 2021

As the payment is made after discount period, so no discount will be availed.  Full payment of $81,000 will be made.

3 0
4 years ago
In his book The Optimum Quantity of Money​, Milton Friedman talks about a helicopter dropping​ $2,000 over a community. The cash
Pepsi [2]

Answer:

A) Somewhat​ effective, but only to the extent that most of the tax cut is concurrently spent on domestic​ output, that multiplier effects​ occur, and crowding out is small.

Explanation:

First of all, the larger amount of money would increase the inflation rate since aggregate supply hasn't increased. The number of goods and services offered do not vary, then only thing that varies is the amount of disposable money.

The larger the multiplier, the larger the positive effect. The multiplier formula = 1 / MPS (marginal propensity to save). Even though inflation increases, still the economy is going to grow. That unless the local residents decide to purchase many imported goods. The larger the amount of imported goods purchased, the lower the positive effects.

This type of policy can be very effective under conditions where deflation or inflation rates are near 0 or even negative. Although high inflation is very bad for the economy, a small amount of inflation is always needed to boost economic growth. The healthy inflation is around 1.5 - 2% per year. This way salaries and wages can grow, pushing aggregate demand and supply.

5 0
4 years ago
What is an amount of money multiplied by the interest rate and the amount of time that the money will be earning interest? Prese
laiz [17]

This is future value by defnition

6 0
3 years ago
Read 2 more answers
Which of the following sentences use apostrophes correctly? 1. We used to back up our account files weekly and save them onto CD
cupoosta [38]

Answer:

2. The financial planner’s e-mail address was listed on his website.

4. Making certain that all the timecards were submitted on time was Lorice’s responsibility.

Explanation:

The apostrophe (') is a punctuation mark used in English language to form possessive nouns, mark the omission of one or more letters and to indicate the plurals of letters in lowercases.

For example, forming a possessive noun; add an Apostrophe (') with the letter "s" i.e ('s) to nouns that don't end with "s" sound. Also, you can add only an Apostrophe (') without the letter "s" to nouns that ends with "s" sound.

For instance, the financial planner’s e-mail address was listed on his website, the writer's pen, the cat's eyeballs etc.

To indicate the omission of a letter (contraction), such as isn't, don't they're, I've, you're, doesn't, you've, they'd etc.

7 0
3 years ago
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