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2 years ago

When a nation’s currency appreciates, what is the most likely result?

1 answer:

8 0

When a nation's currency appreciates that means there is an increase in the exchange rate. It would result to cheaper imports and lower inflation rates which would be advantageous to those countries who are importing goods. While a weak currency would be better for an economy that's exporting goods to other countries.

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$5000 is put into an empty savings account with a nominal interest rate of 5%. No other contributions are made to the account. w

yawa3891 [41]

Answer:

Interest in 5 years will be $1418.07 which is near about $1420

So option (D) will be correct answer

Explanation:

We have given amount invested, that is principal amount P = $5000

Rate of interest r = 5 %

Time taken t = 5 years

As interest is compounded monthly so rate of interest $=\frac{5}{12}=0.416%$

And time period n = 12×5 = 60 period

So total amount after 5 year will be equal to

$A=P(1+\frac{r}{100})^n$

$A=5000(1+\frac{0.417}{100})^{60}$

$A=5000\times 1.2836=6418.07$

We have to find the interest

Interest will be equal to = total amount - principal amount = $6418.07 - $5000 = $1418.07

Which is near about $1420 so option (D) will be correct answer

8 0

2 years ago

One way for a country to curb runaway inflation is to ________.

lina2011 [118]

One way for a country to curb runaway inflation is to impose price controls. The price controls a government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation. In addition, polycentric pricing allows management in each global market to establish its own prices and market holding strategy is often used in response to unfavorable currency swings

7 0

3 years ago

How do you register partnerships firm in Nepal?

koban [17]

<em><u>answer</u></em>

Procedure for Registering a Partnership Firm

Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ...

Step 2: Selection of Name of the Partnership Firm. ...

Step 3: Certificate of Registration

6 0

3 years ago

Read 2 more answers

Which of the following could most likely have prevented the accounting scandals of the early 2000s and the global financial cris

sveta [45]

Answer:

C. Practicing effective corporate governance

Explanation:

Accounting scandals refer to the scandals of the business that occurs from the change in the financial statements that to be done in a deliberate manner also the disclosing information is misled. It involves an organization as a whole.

In order to prevent the accounting scandals and the global financial crisis it could practicing corporate governance in an effective manner

Hence, the correct option is C.

7 0

2 years ago

Assume that the friend in the previous question notified the owner of the office building of the assignment. When the work was c

Cerrena [4.2K]

Answer:

Stop assuming then....hehe haha don't know ur previous ques and too lazy to open it and even too lazy to read it full sorry

8 0

2 years ago