Incomplete question. However, I answered based on the information.
Explanation:
We can determine which Credit card is best in terms of its interest rate by comparing both rates monthly:
Credit card A
<u>APR for the First 3 months:</u>
4.1% / 360 days = 0.009% x 30 = <u>0.27% </u>per month for the first 3 months.
<u>APR for Next 9 months:</u>
15.7% / 360 days = 0.04361% x 30 = <u>1.308% </u>per month for the next 9 months.
Credit card B:
<u>APR the First 3 months</u>
4.2% / 360 days = 0.011% x 30 = 0.33% per month for the first 3 months
<u>Next 9 months:</u>
15.5% / 360 = 0.04305% x 30 = <u>1.291%</u> per month for the next 9 months
Hence, we can conclude,
- For the first 3 months,
Credit Card A is best because it offers lower interest charges.
- For the next 9 months, Credit Card B is best because it offers lower interest charges.
<u>Explanation:</u>
One good example is the recent change in the way we learn at school (remote learning). <em>For many students, it was the first time they had to receive instructions from a teacher via videoconferencing.</em>
Many organizations tried to adjust to this new normal, however, most organizations were confused about what training to provide, how long to should they plan for, etc.
Reports say that many teachers found it difficult to adapt to this method of teaching, hence, some were resistant to this change. However, if proper enlightenment were carried out, as well as employing some motivational factors, such resistance to change would have been minimal.
I cant help you, i dont know what the statements are.
Answer:higher real interest rate discourages current consumption and higher real interest rate encourages more saving.
Explanation:The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period. In a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.
Our measure of credit demand is an indicator variable for a firm's need for bank loans decreasing during the period. We measure credit supply using information on whether a firm's loan application was rejected, or the firm received less than 75% of its desired amount.
Credit supply curve is a curve that plots the quantity of credit supplied at different real interest rates.
Answer:
Equal to
Explanation:
Financial theory assumes that financial markets are efficient and that there is no information failure in conducting financial transactions. However, this is an assumption and there could, in some instances, be asymmetric information in the form of adverse selection and moral hazards. For example, if managers of a corporation know how well or how poorly their business is doing than stockholders (as organizational performance determines the price of a security), then there would be an information failure or informational inefficency. Also, a potential investor who cannot distinguish between a firm whose security has a high potential for profit and low risks compared to that with a low potential for profit and high risk will be willing to pay a price that lies between the value of stock from bad firms and the value of stock from good firms. This will not augur well for good firms as their stock is underpriced and they will be reluctant to sell.
When the financial market is efficient, investors of stock would be able to earn supernormal returns on their investments. It is therefore neccessary that the price of a corporation's common stock should be equal to the present value estimate of the firm's expected cash flows discounted by it appropriate rate of return.
