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3 years ago

The maturity value of a 90-day note for $4,000 with an interest rate of 10 percent is?

Business

1 answer:

Leno4ka [110]3 years ago

8 0

Answer:

maturity value = $4100

Explanation:

given data

time = 90 days = $\frac{90}{360}$

consider 360 days in a year

principal = $4000

interest rate = 10%

to find out

maturity value

solution

first we get here interest amount that is

interest = principal × rate × time .........1

interest = $4000 × 10% × $\frac{90}{360}$

interest = $100

so maturity value will be

maturity value = principal + interest .............2

maturity value = $4000 + $100

maturity value = $4100

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g An increase in demand is represented by a a. movement downward and to the right along a demand curve. b. movement upward and t

Lana71 [14]

Answer: c. rightward shift of a demand curve.

Explanation:

When there is movement along the demand curve, this is due to a change in the price of the good.

However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.

I have attached a graph showing what happens when Quantity Demand increases.

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3 years ago

In a simplified banking system in which all banks are subject to a 20 percent required reserve ratio, a $1,000 open market purch

UNO [17]

Answer:

Increase by $5000

Explanation:

The United States Central Bank or the Federal Reserve (Fed) is responsible for controlling money supply in the United States as well as the activities of the commercial banks. This control can be carried out through a particular activity known as the Open Market Operations (OPO). This activity could be in form of buying or selling securities in the market.

According to the question, the 20% required reserve ratio means the banks are to maintain 20% of their total deposits. This means that a market purchase by the Fed of $1000 will increase the money supply by 5 times the amount bought by the Fed (20% is 1/5 of 100%).

The increase is calculated as $1,000 x 5 = $5,000

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3 years ago

A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The followi

LuckyWell [14K]

Answer:

Explanation:

Given that:

A mail-order house uses 18,000 boxes a year.

Carrying costs are 60 cents per box a year =$0.60

and ordering costs are $96.

Determine:

A. The optimal order quantity.

The optimal order quantity can be calculated by using the formula:

$Q_o = \sqrt{\dfrac{2DS}{H}}$

$Q_o = \sqrt{\dfrac{2*18000*96}{0.60}}$

$Q_o = \sqrt{\dfrac{3456000}{0.60}}$

$Q_o = \sqrt{5760000}$

$Q_o = 2400 \ boxes$

B. The number of orders per year.

of boxes: 1,000-1,999 Price per box: $1.25

of boxes: 2,000- 4,999 Price per box: $1.20

of boxes: 5,000- 9,999 Price per box : $1.15

of boxes: 10,000 or more Price per box : $1.10

SInce 2400 boxes lies within ''of boxes: 2,000- 4,999 Price per box: $1.20 ''

Total cost = Carrying cost + ordering cost + Purchasing cost

$Total \ cost =(\dfrac{Q}{2} )H +(\dfrac{D}{Q}) S+PD$

$Total \ cost =(\dfrac{2400}{2} )0.60 +(\dfrac{18000}{2400}) 96+1.20*18000$

Total cost = ( 1200) 0.60 + 7.5(96) + 1.20(18000)

Total cost = 720 + 720 + 21600

Total cost = $ 23040

If the order size is 5000, the price per box will be 1.15

$Total \ cost =(\dfrac{Q}{2} )H +(\dfrac{D}{Q}) S+PD$

$Total \ cost =(\dfrac{5000}{2} )0.60 +(\dfrac{18000}{5000}) 96+1.15*18000$

Total cost = 2500 (0.60) + 3.6 (96) + 20700

Total cost = 1500 + 345.6 + 20700

Total cost = $22545.6

If the order size is 10000 , the price per box will be 1.10

$Total \ cost =(\dfrac{Q}{2} )H +(\dfrac{D}{Q}) S+PD$

$Total \ cost =(\dfrac{10000}{2} )0.60 +(\dfrac{18000}{10000}) 96+1.10*18000$

Total cost = 5000 (0.60) + 1.8(96) + 19800

Total cost = 3000 + 172.8 + 19800

Total cost = $22972.8

From the three total cost, the least minimum cost of ordering is: 5000

So; the number of orders per year = total number of boxes per year/ boxes per order

the number of orders per year = 18000/5000

the number of orders per year = 3.6 orders per year

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3 years ago

How can you receive a Badge on your profile that communicates to Customers that you’re extremely proficient in your area of expe

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Answer:

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2 years ago

The formula for maximum demand deposit creation is ______ multiplied by the monetary multiplier.

Likurg_2 [28]

The formula for maximum demand deposit creation is excess reserves. multiplied by the monetary multiplier.

A demand deposit is what?

A demand deposit is money deposited into a bank account with funds that can be withdrawn on-demand at any moment. Demand deposit money is often used by the depositor to cover daily expenses. The bank or financial institution may offer a minimal or no interest rate on the deposit for monies in the account.

Demand Payment

A person may only withdraw a set amount every day or a maximum amount equal to their account balance. Money in a checking or savings account would be typical examples of demand deposits. Demand deposits differ from term deposits in this regard. Term depositors must wait a specific amount of time before making any withdrawals.

to know more about demand deposit

brainly.com/question/14292242

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2 years ago