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lutik1710 [3]
2 years ago
15

One disadvantage of an environment of low interest rates is that​

Business
2 answers:
Yanka [14]2 years ago
8 0

Answer:

you can be benefit

Explanation:

Brilliant_brown [7]2 years ago
7 0

Answer:

C) people have less incentive to save money in banks.

Explanation:

I just got it right.

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The term ___________ is a popular way to describe the recession-expansion pattern followed by the economy.
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The term BUSINESS CYCLE is a popular way to describe the rescission-expansion pattern followed by the economy. 
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3 years ago
How do you delete awnsers that people post
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You have to be a moderator. That's all I know.

5 0
3 years ago
Read 2 more answers
Suppose a farmer in Georgia begins to grow peaches. He uses​ $1,000,000 in savings to purchase​ land, he rents equipment for ​$1
mina [271]

Answer:

-$475,000

Explanation:

Total revenue = Baskets of peaches × Price

                       = 100,000 × $3

                       = $300,000

Explicit cost:

= Rent equipment + wages

= $100,000 + $100,000

= $200,000

Implicit cost:

= Land × Interest + salesman earned

=  $1,000,000 × 0.55 + $25,000

= $575,000

Total cost = Explicit cost: + Implicit cost

                = $200,000 + $575,000

                = $775,000

Economic profit = Total revenue - Total cost

                           = $300,000 - $775,000

                           = -$475,000

8 0
3 years ago
Which best describes a central bank’s primary goals?
Pavlova-9 [17]
I think it’s either the last one or the first one sorry if I’m wrong
5 0
3 years ago
On Jan 1 2020, Ethan Corporation issued 12% bonds with a face value of $4,000,000. These bonds mature in ten years, and interest
AVprozaik [17]

Answer:

Ethan Corporation

Using the effective-interest method of amortization, the amount of interest expense that should be reported for 2020 is:

= $449,096

Explanation:

a) Data and Calculations:

Face value of bonds issued = $4,000,000

Issue price of the bonds =         4,498,490

Premium on the bonds =            $498,490 ($4,498,490 - $4,000,000)

Coupon interest rate = 12%

Effective interest rate = 10%

Interest payments = June 30 and December 31

June 30:

Cash payment for bond interest = $240,000 ($4,000,000 * 6%)

Interest expense =                            224,925 ($4,498,490 * 5%)

Amortization of bond premium =      $15,075 ($240,000 - $224,925)

Bonds value = $4,483,415 ($4,498,490 - $15,075)

December 31:

Cash payment for bond interest = $240,000 ($4,000,000 * 6%)

Interest expense =                              224,171 ($4,483,415 * 5%)

Amortization of bond premium =      $15,829 ($240,000 - $224,171)

Bonds value = $4,467,586 ($4,483,415 - $15,829)

Interest expense for 2020 = $449,096 ($224,925 + $224,171)

4 0
2 years ago
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