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Mazyrski [523]
3 years ago
7

Development of financial institutions​

Business
1 answer:
Lapatulllka [165]3 years ago
6 0

a Development Financial institution (DFi) is defined as “an institution endorsed or supported by Government of india primarily to provide devel- opment/Project finance to one or more sectors or sub-sectors of the econ- omy. ... these DFis are also known as Development banks.

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Suppose that $2000 is loaned at a rate of 11.5% , compounded semiannually. assuming that no payments are made, find the amount o
Zolol [24]

This problem is solved by using the compound interest formula:
 A=P(1+(I/period))^(number of periods)
 Where A = amount accumulated and P = amount loaned and I = Interest 
 A = ? P = $2, 000, I = 0.115, Period = 2 (semi annually) Number of period = 2
*7 (I. e paid twice over a 7 yrs span) 
 So we have 
 A = 2000 ( 1 + 0.115/2)^(14)
 A = 2000 ( 1 + 0.0575)^(14)
 A = 2000 (1.0575)^(14)
 A = 2000 (2.1873851765154) = 4374.77035
 So we have 4374.80 to the nearest cent.
6 0
3 years ago
XYZ Company makes one product and has calculated the following amounts for direct labor: AH x AR = $84,000; AH x SR = $83,000; S
Molodets [167]

Based on the various cost rates and hours for XYZ Company, the labor efficiency variance is $2,000 unfavorable

<h3>What is the labor efficiency variance?</h3>

This can be found as:

= (Actual hours x Standard rate) - (Standard hours x Standard rate)

Solving gives:

= 83,000 - 85,000

= $2,000 unfavorable

Find out more on the labor efficiency variance at brainly.com/question/27404735

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5 0
2 years ago
Which of the following is an advantage of a sole​ proprietorship?
Y_Kistochka [10]
Some of the advantages of sole proprietorship
1. efficient decision making, by owner only
2. easy to set up, minimal cost, minimal fuss
3. low fixed cost (overhead), could be a home-office

I might have missed others, you could figure them out from the options
4 0
3 years ago
Which of the following is true about the ISO? Question 1 options: It makes technical recommendations about data communications i
Vadim26 [7]

Answer:

All of the above

Explanation:

ISO means: International Organization for Standardization.  It is one of the most important standard making bodies.

This organization has issued the standard ISO 15118 (1-9) that gives technical recomendations about data communication interfaces for road vehicles. So, both concepts listed above are true.

6 0
3 years ago
A drop in the market price of a firm's common stock will immediately affect its:
Illusion [34]
It will directly affect its market capital
7 0
3 years ago
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