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Maksim231197 [3]
3 years ago
11

Sally has a credit card balance of ​$500 . The credit card company charges a nominal interest rate of 16 percent a year on unpai

d balances. The inflation rate is 5 percent a year. Calculate the real interest rate that Sally pays the credit card company.
Business
1 answer:
Nata [24]3 years ago
5 0

Answer:

10.48%

Explanation:

Real interest rate = (1 + nominal interest rate) / (1 + inflation rate) - 1

1.16/1.05 - 1 = 10.48

Nominal interest rate is real interest rate plus inflation rate

Real interest rate is interest rate that has been adjusted for inflation

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The future of cities in the United States and in other countries will be determined by their ability to benefit from the _______
coldgirl [10]

Answer:

The correct answer is letter "B": Economies of agglomeration; corresponding diseconomies.

Explanation:

Economies of agglomeration refer to a type of economy in which companies are located one close to another to take advantage of their core competencies. This economic structure typically helps businesses to reduce relocation and delivery costs increasing their profits but in some other cases, the costs could increase if some of the firms lost their economies of scale.

Thus, <em>metropolises in the U.S. must find ways to boost the benefit of economies of agglomeration minimizing the negative effects of the diseconomies of scale in which some firms might fall.</em>

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4 years ago
Which of the following is an example of an illegal interview question?
adell [148]
Your answer is A  are you married 
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4 years ago
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Use the Washington Post article Why We've Been Hugely Underestimating the Overfishing of the Oceans to answer the question. Whic
xenn [34]

Answer & Explanation:

Fish is a common resource not a public good because it is subject to rivalry in consumption.Tragedy of commons results when property right aren't assigned for the common resource.

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4 years ago
The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.
natita [175]

The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.--- True

Explanation:

PBL is synonymous with performance-based life cycle product support, where outcomes are acquired through performance-based arrangements that deliver Warfighter requirements and incentivize product support providers to reduce costs through innovation. These Product Support Arrangements (PSA) are contracts with industry or intragovernmental agreements.

What is the focus of performance based logistics?

Performance-Based Logistics (PBL) is the purchase of support as an integrated, affordable, performance package designed to optimize system readiness and meet performance goals for a weapon system through long-term support arrangements with clear lines of authority and responsibility.

How long are PBL contracts?

Effective PBL contracts are typically multi-year contracts (i.e., 3 to 5 years with additional option or award term years), with high confidence level for exercising options/award term years.

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8 0
2 years ago
He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the
Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

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Therefore What will be the IPO price per share is $36.79

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