Answer:
a1. 60 days
a2.Remittance = $40,500
b1- 1 % discount offered
b-2, 10days
b-3 =$40,095 ± 0.1
c-1 Implicit interest $405 ± 0.1%
c-2 Days' credit days=50 days
Explanation:
a1. 60 days
a2.0rder for 300 units of inventory at a unit price of $135
Remittance = 300($135)
Remittance = $40,500
b- 1 % discount offered
b-2, 10days
b-3 Remittance (1- 0.01) $40,500
(0.99)$40,500
Remittance =$40,095 ± 0.1%
c-1 Implicit interest $40,500- $40,095
Implicit interest $405 ± 0.1%
c-2
Days' credit days 60-10
Days' credit days=50 days
Answer:
The answer is that the saving deposit is the account of interest earning at a bank or institution in which funds can be drawn out or withdrawn at anytime without a penalty payment.
Explanation:
Saving deposit is a kind of bank deposit where mostly an individual or person or a non- profit organization drawing or withdrawing regular interest and it is payable on the notice of 30 days.
Therefore, it is a kind of account where interest earning at the bank or at institution and allows withdraw of funds at anytime without penalty.
There are different kinds of product effect. If a retail store has an item that is priced well above its other products in an effort to make the majority of its products seem inexpensive by comparison;
- this is an example of the framing effect.
<h3>What is a framing effect?</h3>
The framing effect is commonly defined as a type of cognitive bias that influences the decision making of people when said in different ways.
Conclusively, This simply implies that we are affected by how the same fact or question is portrayed to us.
learn more about the framing effect from
brainly.com/question/2444365
Answer:
The current yield on this bond is 110 %.
Explanation:
The following data can be extracted from the question :
pmt = $56
p/yr = 1
Fv = $1,000
n = 5
Pv = - $74.25
r = ?
The current yield on this bond r, can be calculated using a financial calculator.
Enter the data and obtain r as 109.8984%
Thus the current yield of this bond is 110 %
