Liabilities of the commercial banking system include rev: 06_06_2018 Multiple Choice loans and deposits. reserves and loans. res
1 answer:
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Answer:
Each payment is of $6595
Explanation:
Amount borrowed by company= $25000
No. of installments = 5
Interest rate = 10%
We are supposed to find how much are each of the payments
Formula :
I = installment
r = rate of interest
n = No. of installments
So,
So, Each payment is of $6595
Answer:
Option (d) is correct.
Explanation:
Given that,
Capital stock = 900 units
Saves 20% of its output
Depreciation rate = 10%
Production function, Y =
= (900)^{\frac{1}{2}}
= 30 units
Therefore, the savings is as follows,
= 20% of output
= 0.2 × 30 units
= 6 units
Hence, the savings is equal to the investment for this small economy or country.
Investment = 6 units