Answer:
A. $150
Explanation:
Amount of car = $25,000
Initial payment = $2,500
If the family takes out a loan for the rest, the amount taken as loan
= $25,000-$2,500
= $22,500
If interest of 8% is charged on the loan for 5years, the interest charged for the 5years can be gotten using simple interest formula:
Simple interest = principal × rate × time/100
Simple interest = $22,500×8×5/100
Simple interest = $9,000
If total interest paid for 5years = $9,000
The family monthly payment will be:
= $9000/5×12 (since there are 12months in a year)
= $9,000/60
= $150
Answer:
Predicted exchange rate = Country price of Big Mac/ US price of Big Mac
Predicted exchange rate:
Chile = 2,050 / 4.37
= 469.11 Pesos / US dollar
Hungary = 830 / 4.37
= 189.93 Forints / USD
Czech Republic = 70 / 4.37
= 16.01 Korunas / USD
Brazil = 11.25 / 4.37
= 2.57 Real/ USD
Canada = 5.41 / 4.37
= 1.24C$/ US$
<em>According to purchasing power parity, the predicted exchange rate between the Hungarian forint and the Canadian dollar is </em><em><u>153.42 Forint per C$</u></em><em>. However, the actual exchange rate is </em><em><u>217 Forint per Canadian Dollar</u></em><em>.
</em>
Predicted exchange rate = 830 / 5.41 = 153.42 Forint per C$
Actual Exchange rate = 217/1 = 217 Forint per C$
Your share of the sales proceeds from the sale of a home you had inherited should be reported on Schedule D in the Investment Income section of TaxAct. You would enter "Inherited" as the date the property was acquired, then enter the cost basis, date of sale, and the sales proceeds.
where are the statements?
Dumping is exporting goods at prices that are lower than their value.