Answer:
lowers the cost of borrowing from the Fed.
Explanation:
The discount rate is the rate that the Fed charges to commercial banks for overnight loans. This loans are only made when commercial banks have no other option, and represent one of the Fed's main functions: acting as lender of last resort.
When the Fed lowers the discount rate, commercial banks can access the Fed as lender of last resort at cheaper interest rates.
Answer:
Finish the workflow for receiving payments and making bill payments
Answer:
57.07 months.
Joseph must decide whether the 57th payment was $1,327, or he can pay a 58th payment of just $92.
Explanation:
The easiest way to calculate a monthly payment is using a payment calculator:
- principal = 59,000
- n = 60
- APR = 7.6%
Monthly payments = $1,185.04
Since Joseph will pay an extra $50 each month, his payment = $1,235.04
By paying that extra amount Joseph will reduce his payments by almost 3 months to 57.07 months
After the 57th payment, Joseph' balance = $91.43, so he can decide to pay a little on the 57th payment or just pay $92 next month.
Economic dimension is the most significant principles of business
The economic component deals with all of the event firm's and the specific event's economic outputs and externalities. Event researchers are very interested in measuring values that vary from the simpler indirect benefits to the more difficult direct economic repercussions on the host community and the global economy. In the Baseline Evaluation, the organizational processes that have an impact on these values are examined.
Direct effects include observable values like money made from tourism revenues and employment created by the event's organizer. The necessity for a research-based approach to event evaluation is supported by the frequently contested nature of indirect impacts. Measurements of the catalytic or multiplier effects pertinent to the larger region hosting an event are among them.
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