Answer:
B. 10%
Explanation:
The computation of the effective annual interest rate is shown below:-
Effective annual interest rate = Lease payment third effective interest ÷ Lease payment second balance × 100
= $2,126 ÷ $21,260 × 100
= 10%
Therefore for computing the effective annual interest rate we simply applied the above formula.
Hence the correct option is B.
Answer:
The availability and productivity of real resources, not by the price level.
Answer: 6%
Explanation:
Given that,
Rate of depreciation = 5% per year
Population growth rate (n) = 4% per year
Growth rate of technology (g) = 2% per year
Steady state growth rate of output = n + g
= 4% + 2%
= 6%
Therefore, the steady-state growth rate of output is 6%.
The product market refers to the place where: C. businesses sell goods and services and households buy goods and services.
<h3>What is a
product market?</h3>
A product market can be defined as any place where business firms (organizations) make their goods and services available for purchase by households (consumers).
This ultimately implies that, a product market refers to the place where various business firms sell their goods and services and households buy these goods and services.
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The probability that you win something will be 1.
What is an probability in statistics?
The probability serves as a gauge for how likely an event is to occur. It gauges how likely an event is. P(E) = Number of Favorable Outcomes/Number of Total Outcomes is the formula for probability.
Can the probability of an event be 1?
If the chance is 1, the event will occur. There would be nothing you could do to prevent a road traffic collision if the likelihood of one was 1. It will occur. In reality, probability connected to commonplace events ranges between 0 and 1.
Can a probability be negative?
Although a quasiprobability distribution permits a negative probability or quasiprobability for some events, the probability of the result of an experiment can never be negative. These distributions may be applicable to conditional probability or unobservable events.
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