Answer:
9109.18%
Explanation:
Data provided in the question:
Interest rate charged for two weeks = 19% = 0.19
Now,
The Annual rate (APR) = ( 1 + i )ⁿ - 1
Here,
r is the interest rate per period = 19%
n = number of periods in a year
In the given question interest is charged every two
also,
there are 52 weeks in a year
Therefore, total number of periods, n = 
= 26
Therefore,
Annual rate = ( 1+ 0.19 )²⁶ - 1
or
Annual rate = 92.091 - 1 = 91.0918
or
91.0918 × 100 = 9109.18%
Answer:
The answer is ' a profit of $14 million
Explanation:
Revenue = $24 million
Total expenses = $10 million
Profit(loss) = Revenue minus total expenses
$24 million - $10 million
Profit = $14 million.
It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue
When we say prejudice, this means a preconceived judgment about someone or something without basing it on actual information or facts. In this case, prejudice would be an example of social attitude problem and this would affect the factor of social attitudes. The answer would be option B. Hope this helps.
Answer:
All of the unemployment benefits are taxable.
Explanation:
Unemployment benefits can be defined as the amount of money given to unemployed individuals. These payments are made by different authorized bodies.
Unemployment benefits helps to stimulate the economy as a whole during a period of economic decline. The various authorized bodies that give out these unemployment benefit have to control the flow so that these unemployed individuals will not be discouraged from searching for a new job.
Unemployement benefits are subject to taxation, it is left for the individual to decide if 10% of the benefit will be withheld or to make a quarterly payment of the tax.
Answer:
1. Wealth Effect as the increase in the price level lead to fall in the purchasing power of money.
2. Interest rate effect . A higher price level induces an increase in the interest rate which results in reduction of borrowing for consumption and investment expenditures.
3. Interest rate effect
4. Wealth Effect- With the decrease in the price level, the purchasing power of the money will rise. Thus, he will be able to purchase same amount at less expenditure and also save the residual amount.
