Answer:
1. 5.00%
2. 15.70 year
Explanation:
As per the data given in the question,
1) For computing the interest rate we need to applied the RATE formula which is shown in the attached spreadsheet
Given that
Future value = 0
Present value = -$2587.09
PMT = $950
NPER = 3 years
The formula is shown below:
= RATE(NPER;PMT;-PV;FV)
The present value comes in negative
After applying the above formula, the interest rate is 5%
2) For computing the number of years we need to use NPER i.e to be shown in the attachment below
Given that
Future Value = $920,925
Present Value = 0
PMT = -$40,000
Interest rate = 5%
The formula is shown below
= NPER(RATE;-PMT;PV;FV)
The PMT comes in negative
After applying the above formula, the nper is 15.70 years
Answer and Explanation:
The computation is shown below:
a. The labor rate variance is
= (standard rate - actual rate) × actual labor hours
= ($20 - $19.50) × 64,000
= $32,000 favorable
b. The labor efficiency variance is
= (standard hours - actual hours) × standard rate
= (62,500 - 64,000) × $20
= -$30,000 unfavorable
c. the total flexible budget variance is
= standard cost - actual cost
= ($1,250,000 - $1,248,000)
= $2,000 favorable
Answer:
Explanation:
(a) HPR = Ending Price - Beginning Price + Cash Dividend / Beginning Price
a. The holding period returns for the three scenarios are:
Boom: (48 - 40 + 2.8)/40 = 0.27 = 27%
Normal: (43 - 40 + 1.8)/40 = 0.120 = 12.0%
Recession: (34 - 40 + .90)/40 = -0.1275 = -12.75%
= [(1/3) × 0.27] + [(1/3) × 0.120] + [(1/3) × (-0.1275) =0.08750 or 9%
Variance = [(1/3) × (0.27 - 0.08750)^2] + [(1/3) × (0.120 - 0.08750)^2] + [(1/3) × (-0.1275 - 0.08750)^2] = .026863
Std. Dev = Sq. Rt .026863 = .16390 = 16.39%
(b) E(r) = (0.5 × 8.75%) + (0.5 × 5%) = 6.88%
σ = 0.5 × 16.39% = 8.19%
Thanks
Answer:
something one cannot live without
Question: The question is incomplete. The graph was not attached to the question. Find attached of the graph.
Answer: The correct is option (D) Make no change in monetary policy.
Explanation:
At the investment level of Y the demand curve is Ad2 and the money supply is 150. Interest rate is 8. the market is already at full employment level with no inflation The answer is "D". make no change in the monetary policy.