Answer:
a. $0.09
b. $0
c. -$0.09
Explanation:
Real rate = Nominal rate - inflation rate
a. Real rate = 2% - 1%
= 1%
Change in real wage = 9 * 1% = $0.09
b. = 2% -2% = 0%
Change in real wage = 9 * 0% = 0
c. = 2% - 3%
= -1%
Change in real wage = 9 * -1% = -$0.09
Some possible investments that a person that won $10,000 make are:
<h3>What is Risk Tolerance?</h3>
This refers to the ability of a person to be able to endure losses that can come from making an investment.
Hence, we can see that after making a good risk assessment to find the risk tolerance, if it is between medium to high, then it is advised to invest a good portion in cryptocurrencies and stocks and then put the remaining in a trust fund.
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<u>Calculation of total change in retained earnings during the year:</u>
Total change in retained earnings during the year can be calculated using the following formula:
Total change in retained earnings during the year = Revenues Earned during the year – Expenses incurred during the year – Dividends declared during the year
= 245000-120000-40000
= 85,000
Hence, total change in retained earnings during the year is<u> $85,000</u>
Answer:
the amount allocated to cost of goods sold using LIFO inventory method =
16 * $18 = $288
107 *$17 = <u>$1819 </u>
total <u> $2107</u>
Explanation:
Using LIFO inventory method means that thos goods that comes in last will be sold or issued first while the one that come earlier will remain on sold or issued.
The present value of $7,000 that will be received in a year, at a discount interest rate of 3% per year, is $6,796.12.
The current value, if the $7,000 is received after two years, is $6,598.17.
<h3>What is the rate of annual discount?</h3>
- The rate of return used in a discounted cash flow analysis to calculate the present value of future cash flows is called the annual discount rate.
- The total of all future cash flows (C) over a holding term (N) is discounted back to the present using a rate of return in an annual discounted cash flow analysis (r).
<h3>How is the annual discount rate determined?</h3>
Rate of Discount Formula
First, the present value is divided by the value of a future cash flow (FV) (PV) The amount that remains after the previous step is then increased to the reciprocal of the number of years (n) The discount rate is then calculated by deducting one from the value.
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