Answer:
The highest affordable APR is 7.192%.
Explanation:
A person wants to borrow $93,000 from local bank to buy a new sailboat.
The maximum affordable monthly payment or EMI is $1,850.
The loan period is 60 months.
Suppose, monthly interest rate = r
93000 = 
At r =.6 %
Present value of loan repayment = $92984.94
At r=.5%
Present value of loan repayment = $95692.29
Through the method of interpolation,
r= .5% + ((95692.29 - 93000)/( 95692.29 - 92984.94))*(.6% - .5%)
r=.5994%
Annual interest Rate
= .5994%*12
= 7.192%.
Answer: 6969
Explanation:
It is sometimes used to describe pay disparities between White workers and workers of color, as well as between workers in the United States and other countries.
Answer:
B. The U.S capital account is in surplus, and China's exports increase
Explanation:
Fiscal policy is the ways by which the government of a nation adjusts its expenditure levels and tax rates to check and influence a nation's economy. It is the sister strategy to the monetary policy in which the apex bank(central bank) influences a nation's money supply.
Going back to the question, since there is a fiscal deficit, it is expected that the U.S capital account is in surplus, and China's exports increase.
Answer:
hmmm i never think about that
Eco is most likely liable for FRAUD.
In contract law, misrepresentation refers to a false statement or fact made by one of the contract party to the other party which has the effect of inducing the other party into the contract. Misrepresentation is considered to be a fraudulent act.<span />