As the aggregate price level in an economy rises, A. interest rate increase.
<h3>What is interest?</h3>
It should be noted that the interest rate simply means the rate that's put on the money that's collected by an entity.
In this case, when there's an increase in the aggregate price level in an economy rises, the interest rate increase as well.
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Marketing is promoting and selling goods and services. On a national level, it is promoting and selling the outputs or products of one country to another country.
Answer: $503,200
Explanation:
Carrying value of note = Face value of note - Interest remaining
Interest remaining = Face value * Periodic interest rate * Number of months remaining / Total number of months for note
= 510,000 * 8%/2 * 2 / 6 months
= $6,800
Carrying value of note = 510,000 - 6,800
= $503,200
<em>Note: Note is for 6 months so periodic interest was divided by 2 to make it a semi-annual rate.</em>
