Answer:
The correct answer is both the compensation for inflation as well as the real rate of interest.
Explanation:
Nominal rate of interest is the one which is described as the rate of interest before taking or considering the inflation into the account. The nominal could also defined as to advertised or state the rate of interest on the loan, without considering the account of any fees or any interest which is compounding.
So, the nominal rate of interest is the one which involve or comprise of the compensation for inflation and the real interest rate of the interest.
Answer:
The answer is: C) purchase of supplies for on account.
Explanation:
When Norman Company bought office supplies it will record them as supplies on hand, which are a type of current asset.
When you buy things on account, it means that you will pay the purchase at a later date, so a liability must be recorded.
Yes because if he's not certified you probably won't get paid
The cpi is a measure of the overall cost of the goods and services bought by a typical consumer.
<h3>What is the CPI?</h3>
The consumer price index is a measure of inflation. It measure the price changes of a basket of goods bought by consumers.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
To learn more about, consumer price index, please check: brainly.com/question/26382640
Answer:
The answer is a. States benefits are payable to an individual who is related to the deceased insured by blood or marriage
Explanation:
A facility of payment clause is a provision in life insurance that allows the insurance company to choose the beneficiary or give part of the proceeds to someone other than the beneficiary. The company may have the choice of giving the entire death benefit to a relative of the insured, for instance, after his or her death because the official beneficiary is a minor or is also deceased.
