A) The lender benefits, because the interest compounded increases further interest calculations.
Answer:
D.) Keep the supply of there domestic money fixed in proportion to their gold holdings.
Explanation:
The Gold Standard was a monetary system under which countries fixed the value of their money in terms of a specified amount of gold. With the gold standard, countries agreed to convert the paper money into a fixed amount of gold.
Hope this helps you out! : )
Answer:
B. $31,300
Explanation:
Sales $90,000
Less: Variable Cost $44,700
Less: Additional Fixed Cost <u>$14,000</u>
Increase in Operating Income <u>$31,300</u>
Workings:
Sales= 3,000 unit * $30
Sales= 90,000
Variable cost = 3,000 unit * (5.4 + 6 + 2.5 +1)
Variable cost = 3,000 * 14.9
Variable cost = $44,700
The correct answer is:
Like Harding, Coolidge tried to keep government out of business.
Explanation;
Like Harding, Coolidge needed to help workers' rights. Unlike Harding, Coolidge served to raise falling crop prices. Like Harding, Coolidge worked to keep government out of business. Unlike Harding, Coolidge understood in restricted government management of the business.
Answer:
$5,525.63
Explanation:
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
R = interest rate
n = number of years
((1.05)^5 - 1) / 0.05 = 5.525631
$1000 x 5.525631 = $5,525.63
