Option B
The business cycle is irregular fluctuations in economic activity.
<u>Explanation:</u>
The business cycle is the constant rise and decline of financial growth that transpires overhead time. A cycle is a valuable mechanism for probing the market. It can further assist you to perform more reliable monetary choices. The state administration handles the business cycle.
The business cycle depicts the germination and bankruptcy in the making yield of assets and services in a marketplace. Business cycles are usually estimated relating to the boom and recession in the actual entire domestic goods or modified for inflation.
Answer:
B, The agent should ask the customer to sign a statement acknowledging that he is aware of the change.
Explanation:
Just like in any contract, when there is a change in the details of the contract, it is mandatory that both parties are notified and that there is a document and signature confirming the acknowledgement of the changes.
So also in the case of this policy, the agent has to notify the customer of changes made to his policy and ensure the customer signs an acknowledgement of the change to avoid a breach of contract. When a customer is ignorant of a change to his policy, he can file a lawsuit against his agent and insurer depending on who is at fault.
Cheers.
Answer:
Interest rate of 11.84% is required to earn desired amount of $45,000 per year from an Investment of $380,000.
Explanation:
Amount of Investment = P = $380,000
Desired Return per month = A = $45,000
Number of Years = n = 10 years
Interest rate = ?
Use following formula to calculate Interest rate:
A = P x Interest rate
$45,000 = $380,000 x r
r = $45,000 / $380,000
r = 0.1184 = 11.84%
Answer:
the gross domestic product or GDP would be 1.382,675 Rupees
Explanation:
Answer:
A. 8.19%
Explanation:
D 250
E 550
V 800
Ke 0.1
Equity weight 0.6875 (550/800)
Kd 0.07
Debt Weight 0.3125 (250/800)
t 0.4
WACC 8.18750% = 8.19
The taxes doesn't affect the cost of equity. The equity doesn't provide a tax shield like debt. Taxes don't decrease the cost of equity.