The effective interest rate on a discounted note is
.. 1/(1-r) = 1/0.9 ≈ 11.11%
_____
The amount and time have nothing to do with it for simple interest.
September 11 2001 its eaasy
<span>If you borrow money from a bank, you are the ____________. </span>
<span>C</span>
Answer:
corporate mission or marketing strategy area
Explanation:
Based on the information provided it can be said that this is an example of the corporate responsibility strategy being a part of the corporate mission or marketing strategy area. This refers to a specific sentence that encompasses the company's function, philosophies and goals which they strive to achieve and is the entire reason for existing in the market.
Answer:
€ 0.004871
Explanation:
Direct quote is a method of quoting a foreign currency per one unit of domestic currency.
Indirect quote is a method of quoting a foreign currency in which price of foreign currency is expressed in domestic currency.
In the given question to find the units Euro per Yen we need to divide the Euro per dollar rate with the Yen per dollar rate.
Euro 0.5547 / $1
Yen 111.83 / $1
Euro per Yen = 0.5547 / 111.83 = €0.004871 per ¥1
