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zhannawk [14.2K]
3 years ago
9

RJ has two loans. Loan H has a nominal rate of 5.68%, compounded daily. Loan I has a nominal rate of 6.33%, compounded monthly.

Which loan's effective rate had the greater increase, relative to its nominal rate, and how much greater is its increase than that of the other loan?
Business
2 answers:
dalvyx [7]3 years ago
8 0
The correct answer for this question is:
The loan's effective <span>rate that had the greater increase, relative to its nominal rate, and how much greater is its increase than that of the other loan is that 'l</span><span>oan H’s increase was 0.16 percentage points greater than Loan I’s.'</span>

Here are the following choices:
a. Loan I’s increase was 0.03 percentage points greater than Loan H’s.
b. Loan I’s increase was 0.68 percentage points greater than Loan H’s.
c. Loan H’s increase was 0.16 percentage points greater than Loan I’s.
d. Loan H’s increase was 0.49 percentage points greater than Loan I’s.

Naya [18.7K]3 years ago
4 0

Answer:

A.

Explanation:

I took the test and it gave me the right answer.

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Which statement correctly describes the current state of instant messaging in the workplace? Multiple Choice It is an establishe
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Answer:

It is a relatively new, undeveloped form of communication in the workplace, and attitudes toward it vary.

Explanation:

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3 years ago
The product-variety externality is associated with the A. opportunity cost of firms exiting a monopolistically competitive indus
Viefleur [7K]

Answer:

The correct answer is letter "D": consumer surplus that is generated from the introduction of a new product.

Explanation:

Externalities are defined as the effects passed on third parties as a result of the actions of another individual or organization even if the third party has nothing to do with the operations of the individuals or entities. Externalities can be positive or negative.

The product-variety externality is an example of a positive externality. The product-variety externality takes place when a new product is introduced in the market generating a consumer surplus. Thus, end-users benefit from the variety of products available in the market even if that represents more competition for companies.

4 0
3 years ago
What is the difference between inflation and deflation.
tino4ka555 [31]

Answer:

D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.

Explanation:

Inflation is the general increase in prices in the economy over time. As the economy grows, prices automatically rise. There is a direct correlation between economic development and inflation. A high growth rate may result in a high inflation rate. High growth is caused by an increase in demand for goods and services.

Inflation erodes the purchasing power of money. As prices increase, it means one unit of money will purchase fewer quantities of goods and services than the previous season.

Deflation is the opposite of inflation. It means a general decline in prices in the country. Low production due to reduced demand causes prices to decline. One unit of money will purchase more quantities of goods and services as prices decline.

7 0
3 years ago
Read 2 more answers
You were asked to calculate the duration of a 10 year bond that has a coupon of 6% and a YTM of 7.82%. You could have typed the
ruslelena [56]

Answer:

$ 15.63  

Explanation:

The present value of the 17th coupon is the semi-annual coupon discounted at the discount factor that reflect that the payment is the 17th of the 20 coupons payments payable by the bond as done below

semi annual coupon=$1000*6%*6/12=$30

The discount factor applicable is 1/(1+7.82%/2)^17=1/(1+3,91%)^17=0.520984902

The present value of the 17th coupon=coupon amount*discount factor

                                                              =$30*0.520984902 =$15.63  

The present of the 17th coupon is $ 15.63  

This is then applied in  bond duration calculation

3 0
4 years ago
The CEO of an international cruise line is facing an ethical decision regarding the installation of Man Overboard (MOB) technolo
dezoksy [38]

Answer:

The answer is: The Principle of Deontology

Explanation:

By making this decision (installing the MOB technology) the CEO follows the Principle of Deontology.

Deontology dictates that actions are right or wrong by themselves, not by their consequences or the virtues of the person doing them. An action is "right" if it follows a moral norm or a set of rules.

In this case, the CEO believes that installing the MOB technology is the right thing to do because it saves lives. He doesn´t care if it costs a lot of money or if it may cause some trouble and delays to the ships´ operations.

shows that he is made his decision based on the Concern for Others case it would be specifically concern for his customers and employees (they can also fall off the ship). He really cares about his customers and employees, and wants to accomplish his business goals but he is not willing to risk their lives while doing so. He is convinced that it is his responsibility to ensure the well being of all the passengers in his cruise ships.  

4 0
3 years ago
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