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3 years ago

5

Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college to pay for grocerie

s

2 answers:

Rashid [163]3 years ago

8 0

Answer:

c. to pay for college

Explanation:

just took the test

Ilia_Sergeevich [38]3 years ago

7 0

Answer:

To buy a house and save up for money

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In September 2010, the NBER's Business Cycle Dating Committee decided that the recession that began in December of 2007 had ende

balu736 [363]

Answer:

The July 2009 mark was a trough as the lowest points of production in a business cycle are called troughs.

Explanation:

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4 years ago

To economists, the main difference between the short run and the long run is that.

Masja [62]

The short run, as economists use the phrase, is characterized by at least one fixed factor of production so the proportion of inputs can be changed, the law of variable proportion will only operate in the short run. In the long run all factors are variable as producers have enough time to organize all factor inputs in the appropriate proportions to achieve the minimum efficient scale.

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2 years ago

You have the opportunity to invest in several annuities. Which of the following 10-year annuities has the greatest present value

OleMash [197]

Answer:

An annuity that pays $1,000 at the beginning of each year has the greatest present value of $6,759

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

r = rate of return = 10%

n = number of years = 10 years

a)

It is advance annuity and can be calculated as follows

PV of annuity = P + P x [ ( 1- ( 1+ r )^-(n-1) ) / r ]

P = Annual payment = $1,000

PV of annuity = $1,000 + $1,000 x [ ( 1 - ( 1+ 0.1 )^-(10-1) ) / 0.1 ]

PV of annuity = $6,759

b)

P = Annual payment = $5,00

PV of annuity = $500 x [ ( 1- ( 1+ 0.1/2 )^-(10 x2 ) / 0.1/2 ]

PV of annuity = $6,231

c)

P = Annual payment = $5,00

PV of annuity = $1,000 x [ ( 1 - ( 1+ 0.1 )^-10 / 0.1 ]

PV of annuity = $6,145

d)

PV of annuity = P + P x [ ( 1- ( 1+ r )^-(n-1) ) / r ]

P = Annual payment = $1,000

PV of annuity = $500 + $500 x [ ( 1 - ( 1 + 0.1/2 )^-(20-1) ) / (0.1/2) ]

PV of annuity = $6,543

7 0

3 years ago

The chapter opener noted that in mid-2016 you could earn an interest rate of 0.25% by buying a 3-month Treasury bill or an in

ruslelena [56]

Answer:

The correct option is D,the markets for bonds of different maturities are separate or segmented

Explanation:

Market segmentation theory is of the view that market for short-term and long-term bonds are segmented from each other,wherein investors with different preferences investing in different markets.

Banks for instance are short-term position takers due to their preference for liquidity and would favor investing short-term instruments like the 3-month Treasury bill such that at every point in time, there is enough cash liquidity to meet customers' request for withdrawal of funds.

On the flip side, pension fund administrators take a long-term position on investment, hence would prefer the 30-year Treasury bill since their payment of retirement benefits is usually a low portion of their total contributions received from contributors to their pension funds.

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3 years ago

Tomas would like to know whether his new business will be profitable, how much financing he will need, and whether he will have

Crank

Answer:

Pro forma financial statements

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.

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3 years ago