This is an example of variation. The
coefficient of variation, also referred to as the Spearman coefficient of
variation, is a statistical measure that informs us about the relative dispersion
of a data set. Its calculation is obtained by dividing the standard deviation<span> between
the absolute value of the average of the set and it is usually expressed as a
percentage for its better understanding.</span>
Answer:
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Answer:
The interest expense of $59,463 must be recognize on its 2020 income statement.
Explanation:
With the given data make an amortization schedule
Hint : First determine the Future Value of the 5-year note
PV = $750,000
N = 5
Pmt = - $195,327
P/yr = 1
i = 9.5%
Fv = 0
<em>Input the elements in a Financial Calculator.</em>
2019
interest expense = $71,250
2020
interest expense = $59,463
Conclusion :
The interest expense of $59,463 must be recognize on its 2020 income statement.
Answer:
Both equilibrium quantity and interest rate will shift to the right.
Explanation:
A shift to the right on those two factors candidates a general increase in the market.
As a demand for a certain product increase, The producer will match it up by increasing the supply of that product in order to accommodate as many consumers as possible. This will cause the equilibrium between demand and supply increased.
As the consumers base grow, there will be more competitors show up to offer the credits for the customers. This will make the potential income that credit providers decreased. As a response, it is very common for them to raise the interest rates for the credit.
