Answer:
$1,200,000
Explanation:
The computation of the accrued interest is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $48,000,000 × 10% × (3 months ÷ 12 months)
= $1,200,000
We simply applied the simple interest formula by considering the principal amount, rate of interest and the number of months so that the correct amount could come
Answer:
Winners
- The US Federal Government
- Joy
Losers
- Karen
- Herb
- 3rd National Bank
Explanation:
The US Federal Government is a Winner because Inflation in general has the effect of eroding the value of money. Generally interest rates account for this but when it is Unexpected Inflation they don't. The US government is a winner because the amount of debt they now have in real terms have decreased.
Joy is also a winner for the same reason as the US government.
Karen lost out as a result of this because her Fixed Pension does not change with inflation which means that when inflation rates go up unexpectedly she will be able to buy less goods and services.
Herb's money will lose real value as a result of inflation because like Karen, Herb will be able to buy less goods and services when inflation rises.
3rd National Bank will also lose out because they made loans that would not have accounted for Unexpected inflation. The real value that they will be owed will therefore be less and they will suffer 'real' losses.
The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.
Answer:
into how many geographical region Nepal has divided? describe them in a few line
Answer:
The correct word for the blank space is: transactional leader.
Explanation:
Transactional leadership is the type of managerial leadership in which the leader motivates the performance of the subordinates through a system of rewards and punishments. It means the leader rewards those employees who perform their duties efficiently and punishes those who do not meet the expectations, provoking in such a way that the employees work the best way possible.
Therefore, <em>if Clarissa provides her subordinates rewards if they do their jobs well, she is likely to be a transactional leader.</em>
