Answer:
The capital gain is $3.30
Explanation:
Capital gain = Ending price - Initial price
Initial price = [$2.20(1 + .031)]/(.093 − .031) = $36.58
Ending price = [$2.20(1 + (.031*4))]/(.093 − .031) = $39.88
Capital gains = $39.88 − 36.58 = $3.30
Answer:
Co-ordinate shipping with the supplier.
Explanation:
A purchase order is a document from a customer to the business entity, instructing them to supply the customer with the goods specified in the document. By sending out the purchase order, Lola has given instructions to be supplied with the specified goods.
Lola should prepare to receive the goods from the supplier. She should contact the supplier and make arrangements on how the goods will be delivered.
D. Both A and B
If you have good credit you will be able to qualify for cards with low APRs and if you have bad credit you will be charged higher rates
Answer:
he percentage increase in purchasing power that the lender receives on a loan.
Explanation:
Interest rate is the rate earned on deposits or the rate charged on loans.
Interest rate could be real or nominal
Nominal interest rate is real interest rate plus inflation rate
Real interest rate is interest rate that has been adjusted for inflation
The higher the real interest rate, the higher the increase in purchasing power of the lender
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
