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faust18 [17]
3 years ago
8

East Coast Cleaners borrows $20,000 for 120 days and pays $400 interest. What is the effective rate of interest if the loan is d

iscounted
Business
1 answer:
Vika [28.1K]3 years ago
5 0
The answer is 4.0 because i you said get your money from
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Can someone pls solve 2.10 for me ?
frozen [14]

Answer:

A, B, F

Explanation:

3 0
2 years ago
Georgia Crane is allowed to create her own work hours on a limited basis. She must be a work from 9 a.m. to 11 a.m. and 1 p.m. t
charle [14.2K]

Answer:

E. Core; flexible

Explanation:

Georgia Crane is allowed to create her own work hours on a limited basis. She must be a work from 9 a.m. to 11 a.m. and 1 p.m. to 3 p.m. every day which represents CORE time, and we can choose which hours she will work between 8 a.m. and 6 p.m. around the required hours, which represents FLEXIBLE time. The total required time is eight hours per day.

Georgia Crane is required to work 8 hours in a day.

The core time is the time which is important for Georgia Crane to be at work every day, that is, from 9am to 11am( 2hours) and 1pm to 3pm(2 hours).

That is a total of 4hours.

She can choose between 8am to 6pm as flexible time.

Recall that she needs a total of 4hours more to complete her time for the day.

So 9am to 11am is fixed, 1pm to 3pm is also fixed.

Her total flexible hours for the day 8am to 9am( 1hour), or 11am to 1pm(2hours), or 3pm to 6pm(3hours).

Total flexible hours is 1+2+3=6hours

She is required to choose 4hours from the total flexible 6hours that is most convenient for her to work.

3 0
3 years ago
Assume that the yen/dollar exchange rate quoted in London at 3:00 p.m. is ×120 = $1, and the New York yen/dollar exchange rate a
Viefleur [7K]

Answer:

This question lacks answers

A. currency swap.

B. arbitrage.

C. backwardation.

D. straddle.

<u>The answer is </u><u>b.</u>

Explanation:

Arbitrage is a common practice used to gain profits from inefficient markets. Since most financial markets are inefficient by nature, dealers and similar business entities that have an interest in this kind of business practice.

The profit in arbitrage is based on the <u>imbalance in the two prices</u> on each market respectively. The term is mainly used for financial markets and various financial instruments (securities, bonds, currencies).

In the example above, the dealer becomes an arbitrageur by making a profit from the difference in the yen/dollar exchange rate in two markets (NY and London.)

8 0
3 years ago
: During June of 1997: Steve Wall, the Advanced Projects Design Team Leader at NASA’s Jet Propulsion Laboratory, estimated that
slava [35]

Answer:

This is really a personal opinion, since whether it is correct to send people to mars or not depends largely on your point of view and personal beliefs. Clearly, humans are far more capable than robots, and they can explore space and eventually other planets much better than a rover. On the other hand, sending people to Mars is not only extremely expensive, but it is also extremely dangerous for the astronauts themselves.

Imagine so many people died trying to get to space and then to the moon, and that was very easy compared to getting to Mars and back.

We can find millions of better ways to use the money than sending people to space, and that is really hard to argue against. Our planet, our country, state or even city could all benefit and use the money more productively.

But lets say that we do not care about the money because Mr. Bezos or some other billionaire decided to donate it. Now we would face the technical issues of going to Mars and actually staying there for a long time. A trip to mars is not something that would be carried out for just a couple of hours (like moon walking). Astronauts will have to stay in Mars for weeks, months or even years before they can return. This results in an extreme danger to their health due to cosmic rays. Can humans survive long term exposure to cosmic rays? The answer is NO and Mars's atmosphere doesn't help.

If we analyze this situation from a technical point of view, it would be better and safer to send astronauts to Titan (Saturn's moon), and would probably be also more useful. Titan's environment is similar to Earth's in many ways, and if we are actually doing it for a scientific purpose besides simply being curious, then it is much more useful to go to Titan. The scientific purpose of going to mars instead of other possible destinations is not very solid. Mars is really different to Earth and unless someone finds Martians living there, there is not much you can do.

8 0
3 years ago
High levels of unemployment combined with high levels of inflation could indicate that the business cycle has entered into a per
Alexxandr [17]
Stagflation, it is an economic cycle characterized by slow growth and a high unemployment rate accompanied by inflation.
5 0
1 year ago
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