Answer:
2.88%
Explanation:
According to the fisher equation :
(1 + Nominal interest ) = (1 + real interest) (1 + inflation rate)
(1.07) = (1.04) x (1 + real interest)
(1.07) / (1.04) = (1 + real interest)
1.028846
real interest rate = 2.88%
Answer: The Loan Estimate, The Closing Disclosure, and The Notice of the Right to Rescind
Explanation:
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<span>they are almost as confident about their incorrect memories as they are about their correct memories.</span>
Answer:
Using straight line method over Double-declining balance method chances of loss or reduction in gain increases.
Explanation:
When we use straight line method it gives constant value that decrease the book value of plant assets while using double-declining balance method is reduce book value more aggressively in earlier years. Therefore, Book value of asset is much higher compare to double declining balance method hence, chances of loss or reduction in gain are obvious when we use the straight line method.