The financial institutions provide loans and advances to the customers.
The rate of return is very high in case of investment made in this type of institution.
It also gives a high rated consultancy to the customers for their beneficial investments.
It also serve as a depository for their customers.
Answer: she should conduct a query and set the criteria to >2
Explanation:
Don’t know this but I tried I am only in 9th grade
Answer:
C
Explanation:
Money neutrality is a theory which submits that money supply only affect nominal variable and not real variables.
Nominal variables include price, wages and exchange rate
real variables include employment and real GDP
Money is only neutral in the long run and not in the short run because of money illusion. Money illusion causes economic agents to respond to money supply changes.
Money is neutral only in the long run
They use a <span>Straight Piecework Plan </span>as an incentive to their employees.
The Straight Piece-Work System is the simplest incentive approach in which the rate in keeping with unit of output is fixed, and the income of the employee are computed with the aid of multiplying his total output by rate per unit. We can also define this as the system or plan in which the employers or workers are paid according to the number of units produced during a defined time period at fixed rate.
Answer:
My grandparents deposit $5200000 today.
Explanation:
The annual return earned by trust fund = $2.5 percent
It is given that the trust will pay annually a certain amount for infinite period so annual pay = $130000 per year.
Now we have to calculate the invested or deposited amount by grandparents today.
The present value of future constant annual payment over infinite period = (P/A, i%, n = infinity) or 1 / i%
The amount that should be deposited today :
![= 130000 \times \frac{1}{2.5 \ percent} \\= 5200000](https://tex.z-dn.net/?f=%3D%20130000%20%5Ctimes%20%5Cfrac%7B1%7D%7B2.5%20%5C%20percent%7D%20%5C%5C%3D%205200000)