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Kobotan [32]
3 years ago
5

If mega corp. borrows $9,000 and agrees to pay the lender $10,500 in one year, the annual interest rate on this loan is approxim

ately:
Business
1 answer:
kap26 [50]3 years ago
5 0
In simple interest, the interest rate is
i=(10500-9000)/9000=16.67%

In compound interest, compounded monthly,
10500=9000(1+i/12)^12
=>
APR=12(10500/9000)^(1/12)-1
=11.155%
(effective interest is still 16.67%)
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When Unraveling the Unit Circle the sine function creates a relationship between the _________and the ________ starting at 0 rad
notka56 [123]

Answer:

Vertical distance

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Horizontal distance

x-axis

where n are integers

Explanation:

The relationship between x-axis and y-axis is determined by cosine function. The sine and cosine functions have a domain of all real numbers. These distances are determined by the vertical distance ratio.

3 0
3 years ago
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Nadusha1986 [10]

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The correct answer is perfectly competitive firm.

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8 0
3 years ago
Which statement represents most correctly the relationship between nominal GDP and real GDP?
Nady [450]

Answer:

The answer is: C) Nominal GDP measures current production using current prices, whereas real GDP measures current production using base-year prices.

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8 0
3 years ago
At the profit maximizing level of employment, the wage rate is _____ and the level of employment is _____: w3; q1 w2; q2 w1; q1
diamong [38]
The correct option is w1;q1.
<span>At the profit maximizing level of employment, the wage rate is W1 and the level of employment is Q1.</span>
4 0
4 years ago
IBM expects to pay a dividend of $2 next year and expects these dividends to grow at 6​% a year. The price of IBM is $90 per sha
Elena-2011 [213]

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Cost of equity = 8.22%

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7 0
3 years ago
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