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solong [7]
3 years ago
15

5. What is the real rate of interest for an account that offers a 12% nominal rate of return when the rate of inflation is 6% an

nually
Business
1 answer:
Gelneren [198K]3 years ago
8 0

Answer:

Real interest rate= 0.06 = 6%

Explanation:

Giving the following information:

Nominal interest rate= 12%

Inflation rate= 6%

<u>The inflation rate provides the opposite effect on the interest rate. It decreases the purchasing power of an individual. </u>To calculate the real interest rate, we need to deduct the inflation rate.

Real interest rate= 0.12 - 0.06= 0.06

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Alex787 [66]

Answer:

Yes,  different societies require different amounts of societal resources. Explanation:

The amounts of societal resources are based on the size or population of the society. The more vast the population the more resources needed. For example, the USA and Russia have a different population count, so that does mean we require different amounts of societal resources.

5 0
4 years ago
Eunice tells a colleague, "i wish professor carlson would retire. he's got a nice big office and the department can't afford to
Likurg_2 [28]
I believe that is an example of <span>disengagement theory.
</span><span>disengagement theory believe that a person will eventually disengage with his/her current social group as he/she got older.
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4 years ago
What is goodwill in a business sale and why is it amortized in the business financial statements
astra-53 [7]

Answer:

See below

Explanation:

Goodwill arises when is a business is acquired as a going concern. It is an intangible asset of a business. Goodwill represents the value of a company's customer base, its location, any patents, and the brand name. It consists of the value of suppliers, customers, and employee relationships that facilitates the smooth running of the business.

The value of goodwill is the difference between the purchase price and the net cost of its tangible and other intangible assets of a business. Amortization of goodwill means spreading the cost of goodwill to several financial years.

Goodwill is amortized because the business benefits from the goodwill for many years.  In other words, the expenditure on goodwill will profit the company in more than one financial year. As per the matching principle, expenses and incomes should be recognized in the period they occur. As benefits will be enjoyed in many years, the expenses should also be spread in similar years.

7 0
3 years ago
A sustainable society would emphasize A) maintaining the current rates of energy flow and resource use B) converting the world's
MrRissso [65]

It should be noted that a sustainable society would emphasize using energy efficiently and reusing and recycling matter.

<h3>What is a sustainable society?</h3>

A sustainable society can be regarded as a society that based her source of energy on resuable source.

This source can be solar because it is resuable unlike crude oil , therefore using energy efficiently and reusing and recycling matter should be a target.

Learn more about sustainable society at;

brainly.com/question/3406415

8 0
2 years ago
What happens at oceanic-continental convergent boundaries
anzhelika [568]

Answer:

The first type of convergent boundary is Oceanic-Continetal Convergence. This type of convergent boundary happens where an oceanic plate and a continental plate push together causing the oceanic plate to be forced under the continental plate into the mantle because the oceanic plate is thinner. This is called a subduction.

Explanation:

4 0
3 years ago
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