Answer: A) The United States felt if Europe was financially stable then communism would be less likely to spread.
Explanation: One of the major goal of the United States in giving financial aids to Europe and Latin America was to assist in rebuilding the war-torn regions, remove trade barriers, modernize industry, improve European prosperity, and prevent the spread of Communism. This was known as the European Recovery Plan in 1948 which was to send foreign aid to Western Europe. During this period, the United States transferred over $12 billion dollars in economic recovery programs to Western European economies after the end of World War II.
<span>Who is better off: a person using credit cards or a person refraining from any loans? A person using credit cards is better off </span>from a person refraining from any loans. A person using credit can often purchase more and have more flexibility with their money over someone who only uses cash. There are items and services that do not take cash as a form of payment, so without a credit card the person can not make the purchase.
Answer:
$63,852
Explanation:
The computation is shown below:
a) PV of payments is
= $23,500 × (1.07^30 - 1) ÷ (0.07 × 1.07^30)
= $2,91,612
b) The Loan PV of payments is $3,00,000
c) And, the Balloon payment required is
= (Borrowed amount - loan PV payments) × (1 + rate of interest)^number of years
= ($300,000 - $291,612) × 1.07^30
= $63,852
Answer:
Normal spoilage rate = 1.6978% (Approx)
Explanation:
Given:
Total unit produce = 11,900 units
Normal spoil unit = 200 units
Abnormal spoil unit = 120 units
Total normal unit produce = 11,900 - 120 = 11,780
Computation of normal spoilage rate:
Normal spoilage rate = Normal spoil unit / Total normal unit produce
Normal spoilage rate = 200 / 11,780
Normal spoilage rate = 0.0169779287
Normal spoilage rate = 1.6978% (Approx)