Answer:
Seasonal; primary; secondary.
Explanation:
A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency. It comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
The Fed offers three types of discount window loans. Seasonal credit is offered to small institutions with demonstrable patterns of financing needs, primary credit is offered for short-term temporary funds outflows, and secondary credit may be offered at a higher rate to troubled institutions with more severe liquidity problems.
Answer:
9.83%
Explanation:
If the health insurance premium represents 9.83% of Barbara's income or less, it is considered affordable coverage. Only if it exceeds the 9.83% threshold, will Barbara be able to request a health insurance premium tax credit. Theoretically, if Barbara's health insurance was purchased in the Health Insurance Marketplace, the tax credit should be automatic and her premium should be lowered so that it can become affordable.
Answer:
credited ; debited ; retained earnings or capital account
Explanation:
The closing entries are as follows
Sales Revenue A/c Dr XXXXX
To Income Summary XXXXX
(Being revenue account closed)
Income summary A/c Dr XXXXX
To Expenses A/c XXXXX
(Being expenses accounts are closed)
Income summary A/c Dr XXXXX
To Retained earning XXXXX
(Being the difference is credited to retained earning)
Answer:
Explanation:
The concept of Ohm's law is applied, from V = IR
Part C )
- Considering the current passing through resistor R1;
- Ib1 = V/R1 = 2.4V/3Ω = 0.8A
similarly, the current passing through resistor R2 ;
- Ib2 = V/R2 = 2.4V/2.5Ω = 0.96A
- Hence, total current = Ib1 + Ib2 = 0.8A + 0.96A = 1.76A
from E = V + IR
- R = E - V /I = 12V - 2.4V /1.76A
Current passing through the two bulbs = 0.8A and 0.96A