Answer:
Dedicated athletes, like a marathon runners
Explanation:
Answer:
The lower prices create more demand for product from the nation with a reduction in the money supply, which leads to International Balance of Statement Differences
Explanation:
Gold standard is a monetary stem that links the value of paper money to gold.This system were used to balance income differences between countries. Countries with a balance of payments surplus would receive gold inflows, while countries in deficit would experience an outflow of gold
Here, Gold is the standard for International balance of payments differences.
Under the gold standard, gold flows reduce the money supply in one nation when another nation experiences a trade surplus.
The nation with a trade surplus has a swell in the money supply, which leads to price increases. At the same time, the nation with a reduction in the money supply will cause prices to fall.
The lower prices create more demand for product from the nation with a reduction in the money supply, which leads to International Balance of Statement Differences.
Answer:
It will take 2.73 years to cover the initial investment.
Explanation:
<u>The payback period is the time required to cover the initial investment:</u>
Year 1= 0 - 2,400= -2,400
Year 2= 1,600 - 2,400= -800
Year 3= 1,100 - 800= $300
<u>To be more accurate:</u>
(800/1,100)= 0.73
It will take 2.73 years to cover the initial investment.
Answer:
$34,100
Explanation:
The interest on the installment note for the first year is a function of both the face value of the note and interest rate of 11%
Interest expense on the first annual payment=$310,000*11%
Interest expense on the first annual payment=$34,100
The amount principal repayment in respect of the first annual payment is the amount of payment which is $52,639 minus the interest portion of the payment.
The Principal portion of the first payment=$52,639-$34,100=$18,539
