Answer: Demand Curve shifts left
Explanation:
Money is now less attractive to hold so people will demand less of it. This will cause the demand curve in the monetary market therefore to shift to the left.
Shifts in the demand curve for money are usually caused when a non-interest determinant of demand changes such as a decrease in income.
Answer:
Explanation:
Effective interest rate = [(Interest value of loan / Amount of loan after payment of interest) * (Number of months annually / Number of months notes hold)] * 100
= [($5,830 / $100,170) * (12 / 6)] * 100
= 0.1164 * 100
= 11.64%
1.
Computation the interest value of loan is:
Interest value of loan = Amount of loan * 8 / 12 * Percentage of discount
= ($106,000 * 6/ 12 )* 0.11
= $5,830
2.
Amount of loan after payment of interest = Amount of loan - Interest value of loan
= $106,000 - $5,830
= $100,170
Answer:
Final Value= $120
Explanation:
Giving the following information:
How much is $100 to be received in exactly one year worth to you today if the interest rate is 20%.
We need to calculate the future value of the principal and the compounded interest:
FV= PV*(1+i)^n
FV= 100*1.20^1= $120
Answer:
The average defective rate of the samples is:
6.3 samples per day
Explanation:
To calculate the average or mean defective rate, we will compute the total number of defective samples, and divide the result by the total number of days. It is important to note that day 7 is ignored during this calculation because there was no defective DNA sample on that day, hence it does not contribute to the average defective samples.
Total Defective DNA sample = 7 + 6 + 6 + 9 + 5 + 6 + 8 + 9 + 1 = 57
Total number of days = 9 ( Days 1 to 6, and 8 to 10).
Therefore, average defective rate = Total Defective DNA sample ÷ Total number of days
= 57 ÷ 9 = 6.3 DNA samples
Answer:
B) The entity CUSTOMER with the attribute PURCHASE
Explanation:
The entity is an existing real world object or person, while an attribute is a feature or characteristic of the entity.
In a relational data model (RDBMS), entities are represented as data in an entity set (customer) while the field represents the different attributes or properties of the entity.
