When a nation's currency appreciates that means there is an increase in the exchange rate. It would result to cheaper imports and lower inflation rates which would be advantageous to those countries who are importing goods. While a weak currency would be better for an economy that's exporting goods to other countries.
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Answer:
The effective rate of interest in the fifth year is 6.15%
Explanation:
Mathematically, the effective rate of interest can be calculated as follows;
Reff = (1 + r/y)^y - 1
where;
r is the interest rate = 6% = 6/100 = 0.06
y is the period = 5 years
Substituting these values;
Reff = (1 + 0.06/5)^5 - 1
Reff = (1 + 0.012)^5 - 1
Reff = 1.012^5 - 1
Reff = 1.061457 - 1
Reff = 0.0615 which is 6.15%
Answer:
The first action should be to look for the annual reports of the competing companies to analyze them and see what are the competitive advantages of the company in which I am starting to work.
Once the information was found, it would make a comparative chart to contrast the results of one company with another.
Finally, I would prepare the dynamic report to the directors in the company where I work indicating the results of the analysis carried out considering that all the information has been public.
3 children = $30 per hour
3 pets = $10.50 per hour
Total of 40.50 per hour for 3 hours = 121.50
