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Tpy6a [65]
3 years ago
12

Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and round your final an

swers to 2 decimal places. (e.g., 32.16)):
Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)
8.3 % Quarterly %
17.3 Monthly
13.3 Daily
10.3 Infinite
Business
1 answer:
DENIUS [597]3 years ago
8 0

Answer:

8.3/4= 2.075%

EAR= ((1+R)^4)-1

1.0275^4= 1.085-1

=8.5% is the EAR

17.3/12=1.441%

1.01441^12 -1=1.1873

EAR= 18.73%

13.3/365=0.0364%

1.000364^365=1.142

14.2%

For infinite compounding

EAR= E^rt

R= 10.3

t=1

E^10.3

=1.108

= 10.8%

Explanation:

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Answer:

Entries are posted

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Petty Cash                              $140

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8 0
3 years ago
Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. They currently have no salvage value.
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Answer and Explanation:

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3 0
3 years ago
Beau said to a close friend, "I am fed up with my company's continual disregard for the environment. They secretly dispose of ha
RideAnS [48]

Answer:

Beau's decision to tell somebody about his company's actions is an example of: whistle blowing

Explanation:

Ethics is the study of moral human behavior. Ethical behavior usually varies with different areas. What is considered ethical is always subject to the cultural standards of that particular place. In a company environment, there are ethical standards that are supposed to be met on the part of the company and also individuals working in the company.

One major ethical standard that companies must maintain is environmental protection. This is more prevalent in manufacturing companies that have to release toxic waste to the environment in the form of fumes to the atmosphere or liquid waste to rivers and water bodies. The environment is used by all living beings and therefor it needs to be protected. Ethical standards dictate that industrial waste should be kept below toxic levels before being released into the environment.

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8 0
3 years ago
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $425,000, and its year-e
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Answer:

Faldo Corp

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