Answer:
If you pay $1,951.67 per month, then the interest rate on this loan is not 17.1%
a. The rate should be legally quoted 2.52% per month
b. The effective annual rate is 30.2%
Explanation:
We can use excel to calculate for the actual rate charged on loan $20,000 with equal monthly installment of $1,951.67 by function rate = Rate(number of payments, amount paid monthly,loan value) = (12,-1951.67,20000,,,)
Please see excel attached for better understanding.
Answer:
B) The popularity of imported American films
Explanation:
The expansion of the French Film industry in the middle of 1900s was caused by various factors, some of which are the following:
1. The development and growth of the largest motion picture firms
2. Film industry market was driven towards the wealthy audiences
3. There is more time for leisure for French citizens
Hence, in this case, the correct answer is option B, The popularity of imported American films, which is not a significant factor for the expansion of the French Film industry in the middle 1900s
Answer:
The correct answer is B. will be different; under the first plan where a private school directly receives the subsidy, it will provide a quantity of educational services in excess of the market equilibrium quantity.
Explanation:
Economically, a subsidy is applied to artificially stimulate the consumption or production of a good, product or service, and has its origin in the intention of the states to achieve social goals or to favor certain people, activities or areas of a country, although its main purpose is to prevent possible increases reach the final consumers of products, goods or services, and thus protect the national economy.
A subsidy is the difference between the real (higher) price of a good, product or service in the production center and the real (lower) price charged to the consumer in the market. In the direct subsidy a part is paid to some consumers. In the best case, this subsidy appears within the invoice as a reduction to the normal price, indicating who pays it and what is the basis of the calculation.
It is important that a subsidy covers one hundred percent of the products and goods whose importation has been replaced by national production in terms of units; and with regard to values, the subsidy must cover the surplus of what would be invested in its importation to avoid its shortage and scarcity, and that the remedy of promoting national production is worse than the disease of continuing to import at high prices .
Answer:
If the offer is rejected by the Dall then the offer is no more in place. The particular reason is that Martin is not required to tell Dall that the offer is no more in place. Suppose Martin is wishing to close his offer and till now Dall has not declined the offer. So Martin will have to communicate Dall that the offer is been closed. If Dall has communicated Martin that he has rejected the offer, then this means the offer essence has vanished. Hence Martin has no liability towards Dall, if Dall sues him.
<span>a business that sells products and or services to consumers for their personal or family use</span>