Answer:
The answer is: A) affects the amount of cash interest the borrower pays each year
Explanation:
The market interest rate is the rate that investors demand to earn for lending their money. It affects the interest rate of every type of loan (including the stated interest rate of bonds, car loans, credit cards, etc.) because when it increases (because investors want to earn more money), the general level of interest rate for loans also increases.
Answer:
-0.11% per year
Explanation:
Here, we want to calculate real interest rate.
Firstly, we calculate the inflation rate
mathematically the inflation rate = (cpi at the end of year - cpi at the beginning of year)/cpi at the beginning of year * 100%
Inflation rate = (232-225)/225 * 100% = 3.11%
we now proceed to calculate the real interest rate
mathematically, real interest rate = Nominal interest rate - inflation rate
from the question, nominal interest rate = 3%
real interest rate = 3% - 3.11% = -0.11%
This means that the real interest rate earned by sally is -0.11% per year
activities. In this chapter, you will learn about these two important management activities. ... To implement organizational change, managers must work to overcome that resistance ... Second, Kane's salespeople were.
Answer:
$2.89
Explanation:
The formula and the computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Number of shares)
where,
Net income is
= $911,300 × 5.87%
= $53,493.31
And, the preference dividend is $0
and, the outstanding number of shares is 18,500
So earning per share is
= $53,493.31 ÷ 18,500 shares
= $2.89