Answer:
The lower rate is when you put it into your credit card.
Explanation:
Credit card: rate = (1 + 15%/12)^12 - 1
EAR = 16.08%
Parents loan = ( 1 + 8%)^2 - 1
EAR parents = 16.64%
Therefore, The lower rate is when you put it into your credit card.
Answer:
True
Explanation:
A free trade agreement consists of deliberate actions by countries to increase the volume of trade between them by reducing trade barriers. A trade agreement entails a reduction or elimination of tariffs and other economic collaboration the encourage cross border trade.
A free trade agreement gives rise to a free trade zone. Goods and services move a lot freely in a free trade zone. There is an increased movement of capital and other factors of production between the two countries.
Ok, I'm going to tell you how to calculate it and the answer.
so what you do is add up your assets and then add up your liabilities.
then you subtract your liabilities from your assets in this case your assets add up to 4,700 and your liabilities add up to 3,500.
then you subtract 4,700 from 3,500 since your liability is a lower number.
And then your answer would be $1,200 dollars hope it helped :D
Answer:
The _purchasing power__ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two countries.
Explanation:
Answer:
The COGS for the June 1st sale is $17 per unit, and the COGS for the August 27th sale is $20 per unit.
Explanation:
<u>Date</u> <u>Number of units</u> <u>Unit balance</u> <u>Unit cost</u> <u>Average cost</u>
May 7 40 40 $17 $17
June 1 (20) 20 $17
July 28 30 50 $22 $20
August 27 (30) 20 $20
The average COGS after the purchase on July 28 = [(20 x $17) + (30 x $22)] / 50 = ($340 + $660) / 50 = $20
