Answer
The benefits of using a graph are;
• Visually see the effect of one variable on another
• Communicates the results
• Easily see outliers in data.
Explanation
When a graph is used in a experiment, it gives the researcher a visual picture of the results. A graph can convey a lot of details that could have taken time to describe simply by compacting the information with a visual presentation. On a graph, it is possible to see how the variables relate when a plot of values is drawn. A graph is a way to communicate results. Outlier in a set of values can be spotted if plotted on the graph because they will not correspond with the relationship/equation of the graph.
Answer:
They would increase the quantity supplied of loans and increase the interest rate
Explanation:
Monetary policy
This is simply refered to as alterations or changes in the interest rate to alter or influence the level of aggregate demand in an economy that is the demand side policy.
The central banks are known to be regulators of commercial banks and bankers to governments. The interest rate is the price of money. They manages interest rates to influence the money supply. They set the base rate of interest and the base rate influences all other interest rates that commercial banks use (i.e. savings rate, mortgage rate, car loan rate
Answer:
the amount that should be invested now is $476,654
Explanation:
The computation of the amount that should be invested now is shown below:
= Payment made each year × (1 - (1 + rate of interest)^-number of years) ÷ rate of interest
= $100,000 × [1 - (1 + 7%)^-6] ÷ 7%
= $476,654
hence, the amount that should be invested now is $476,654
Answer:
Formal source
Informal source
Explanation:
A formal source is either a person or medium providing consumption-related information and hired and paid by and organization. An informal source is person whom the message receiver knows personally, such as a parent or friend who gives product information or advice, or an individual met and respected online.
