Answer:
In Four years i will be paying $16,585.
Explanation:
In this question apply the time value of money techniques.The amount to be paid after 4 years is known as the Future Value and is determined by setting the parameters as follows:
Pv = $12,700
i = 6.9%
Pmnt = $0
N = 4
Fv = ?
Using a Financial Calculator, the Fv (Future Value) will be $16,585
Conclusion :
In Four years i will be paying $16,585.
Answer:
true
Explanation:
Retained earnings and the return on stocks should always have the same cost because they both represent the return on stockholders' equity. When a firm earns a profit, it can either distribute the money as dividends or hold it in retained earnings for investing in future or current projects. But retained earnings is basically equity.
5.00 in intrest
will be the answer
Answer:
<u>the main difference is in their commissions</u>
<u>Explanation:</u>
An authorized dealer is a term to describe anyone who is independent of a particular business (company), and yet sell the products or services of the business to their customers. In such case, the authorized dealer adds their own margin to cover their costs and profit.
However, an agent is an intermediary appointed by a business to negotiate with customers on behalf of the company (business). Hence, the company or business pays the agents commissions on the sales they make.
Answer:
B. households want to lend more, so the interest rate falls, making the quantity of goods and services demanded rise.
Explanation:
Money is demanded for 3 purposes : Transaction demand (for buying selling), precaution demand ( for contingencies), speculative demand (for investment gains)
- As prices fall & things get cheaper, money demanded for transaction purposes fall. It leads to money being demanded more for precautionary & speculative purpose.
- This implies that households would lend money more, to earn more in form of interests. However, this increase in money funds supply will reduce their price i.e their interest.
- Interest rate is the opportunity cost sacrifised for money consumed. Low interest rate means low opportunity cost of money consumption. So, it will be demanded more for spending on goods & services, goods & services demand will rise.
