The amortization of bond premium on long-term debt should be presented in a statement of cash flows (using the indirect method f
1 answer:
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Answer:
interest rate r = 6.78 %
Explanation:
given data
investment = $12,000
interest rate = 3.5 percent = 0.035
time = 5 year
interest rate = 7.9 percent = 0.079
time = next 15 year
to find out
What was your annual rate of return over the entire 20 years
solution
we get here interest rate as
interest rate r = ...................1
here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate
now put here value we get
interest rate r =
interest rate r =
interest rate r = 1.0678 - 1
interest rate r = 0.0678
interest rate r = 6.78 %
Answer:
hello your question is incomplete attached below is the complete question
A ) $7.766
B ) 4350 workers
C ) 61777.20
D ) $33782.10
Explanation:
A) Real wage = 4 *
where ; K = 120000, L = 7000
hence Real wage = 7.06 before 10% increase
After 10% increase ; Real wage = 7.06 + (7.06 * 0.1 ) = $7.766
B) employment ( L )
=
= 4350 workers
C) Output
Y = 5 ( 120000 )^0.2 * (7000)^0.8
= 61777.20
D) Total amount earned by workers
L * W = 4350 * 7.766
= $33782.10
