Formula: FV = PV(1+ r)^n
Fv is the future value, Pv is the present value, r is the interest rate, n is the number of periods.
FV = $100(1 + 0.06)^(6*2) = $201.22
Answer:
21.28%
Explanation:
Note: <em>Assuming 365 day year</em>
Cost of giving up cash discount = [Discount rate / (1-Discount rate)] * 365 / [Credit period - Discount period]
Cost of giving up cash discount = [0.02/(1-0.02)] * [365/(45-10)]
Cost of giving up cash discount = [0.02/0.98] * [365/35]
Cost of giving up cash discount = 0.0204082 * 10.42857
Cost of giving up cash discount = 0.212828
Cost of giving up cash discount = 21.28%
Answer:
Multipier is 1/(1-.8) = 5
a. AD Shortfall/Multiplier = 100/5 = 20 billion
b. FS/MPC = 20/ .8 = 25 billion
c. 20 billion
Answer: B) Correct Incorrect
Explanation:
Whilst it was generally believed at some point that raising taxes and Government Spending by the same amount would have no effect, research has disproven this thought.
This is because it was shown that an increase in Government Spending leads to a larger increase in GDP than an increase in taxes reduces it.
This is because when the Government spends money, the Multiplier effect of Government Spending is always 1 more than that of the Taxes therefore raising taxes and spending by the same amounts still increases the Real GDP because Government Spending will create more income than taxes will take.
Necco is right, Packard is wrong.
Your thermometer should be reading 32 degrees Fahrenheit after 30 seconds. If it’s not, it needs to be recalibrated. The ice point method is the most accurate way to calibrate a thermometer. I hope that helps.
