Answer:
$550,000
Explanation:
Data provided in the question
Issued amount = $550,000
Time period = 10 years
Stated interest rate = 12%
Market interest rate = 12%
Based on above information, as we can see that the stated interest rate is equal to market interest rate i.e 12% which reflects that it issued at par i.e face value
So in this case, the amount received at issuance is equal to the issued amount i.e $550,000
Take the spread to their advantage to get more mainstream and known
The networking trend that involves the use of personal tools and devices for accessing resources on a business or campus network is called BYOD or bring your own device
This trend in networking allows its users to use personal devices and tools on business and campus networks.
Answer:
5%
Explanation:
Deposit= $600 million
Required reserve= $30 million
Required reserve ratio= required Reserve/deposit
= 30 million/600 million
= 0.05×100
= 5%
Hence the required reserve ratio is 5%
Answer:
The correct answer is option B.
Explanation:
The multiplier shows the increase in total production due to change in expenditure.
The change in total expenditure is always greater than the change in expenditure.
This happens because a change in autonomous expenditure leads to grater change in the induced expenditure
Consequently, the value of multiplier is always greater than 1.