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Aleksandr-060686 [28]
3 years ago
7

Grace got a loan of $500 from her bank, and she had to repay it with $550. Which term describes the extra money Grace had to pay

?
Business
1 answer:
DENIUS [597]3 years ago
6 0

Answer:

The term that describes or states the extra amount of money is the Interest.

Explanation:

As Grace took a loan which amounts to $500 from the bank and bank provides the loan to the customer but they charge interest on the loan amount. So, in this case, the Grace took $500 from bank and in turn will pay the bank amount of $550. Therefore, the $50 amount is the interest which the bank charged from Grace for the period it has money with him.

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Consider the economies of Sporon and Gribinez, both of which produce agricultural products using only land and labor. The follow
dusya [7]

Answer:

Sporon

2020 $15

2021   $14

2022  $12

2023  $10

Gribinez

2020 $9

2021  $10

2022  $11

2023  $12

Real GDP per capita rose from 2020 to 2023 as population increased.

Explanation:

Real Per capita GDP measures the standard of living of the people in a country. The higher the Real Per capita GDP, the higher the standard of living

Real Per capita GDP = Real GDP / population

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

Sporon

2020 : $15,000 / 1000 = $15

2021:  $28,000 / 2000 =    $14

2022 :  $36,000 /3,000 =  $12

2023: $40,000/4000 =  $10

Gribinez

2020  : $4500 / 500= $9

2021 : $10,000 / 1000 = $10

2022 $16,500 / 1500=  $11

2023: $24,000 / 2000 =  $12

The real GDP per capita of Gribinez rose from 2011 to 2014 as population increased because the rate of increase of real GDP per capita was higher than the rate of increase in population

Rate of increase of population in 2022 = (1500 / 1000) - 1 = 0.5 = 50%

Rate of increase in Real GDP in 2022 = (16500 / 10,000) - 1 = 0.65 = 65%

7 0
3 years ago
A new corporate bond is being offered for $930. The bond has a face value of $1,000 and matures in 10 years. The coupon rate is
PilotLPTM [1.2K]

Answer:

The answer is 7.65%

Explanation:

The cost of capital is equal to the cost of debt in this example as it involves a debt instrument. The formula for the cost of debt is as follows:

(Interest Expense x (1 – Tax Rate) ÷  (Amount of Debt – Debt Acquisition Fees + Premium on Debt – Discount on Debt)

In the example, the given values are the following:

Interest Expense = 7% x $1,000 = $70 (no tax rate was provided)

Amount of debt = $1,000 (face value of the bond)

Debt acquisition fee = $15

Discount on debt = $70 ($1,000 face value vs. the $930 proceeds of the bond, the bond was issued at a discount)

Solution:

$70 ÷ ($1,000 - $15 - $70) = 7.65% cost of capital (cost of debt)

8 0
3 years ago
What is one of the key goals of unions?
stealth61 [152]
I believe the correct answer would be the last one. One of the main goals of unions is to engage in featherbedding. In simple words, to be able to provide and implement favorable and advantageous working conditions to employees in a company.
6 0
3 years ago
One way to think about free cash flow is that if the amount were withdrawn, it would harm the firm's ability to operate and to p
vfiekz [6]

The given statement "One way to think about free cash flow is that if the amount were withdrawn, it would harm the firm's ability to operate and to produce future cash flows" is FALSE.

Explanation:

Free flow of cash is the cash produced by an enterprise, less than the cost of asset spending. Free cash flow is the remaining cash after a corporation pays the operating costs and the equity, also called CAPEX.

FCF conflates net income through adjustments to non-cash spending, working capital shifts and capital expenditure.

The FCF is prone to volatility rather than net income as an indicator of profitability.

Nonetheless, FCF can expose basic problems until they emerge from the income declaration as a additional tool for analysis.

4 0
3 years ago
Hey umm sorry If I distracted you, but there's two outfits I really like *like a lot* but can only buy one, can y'all help me de
Slav-nsk [51]

Answer:

there not really my style! but i say #1 :) have a great day gorgeous.

Explanation:

4 0
3 years ago
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