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antoniya [11.8K]
3 years ago
12

What does an exchange rate tell you?

Business
2 answers:
Olenka [21]3 years ago
6 0

It tells you: C. How much one unit of currency is worth when converted to another currency.

saw5 [17]3 years ago
4 0

Answer:

C. How much one unit of currency is worth when converted to another currency

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It is estimated that the maintenance cost on a new car will be $500 the first year. Each subsequent year, this cost is expected
Vsevolod [243]

Answer:

$-8,609

Explanation:

Calculation for How much would you need to set aside

Year Cashflows PVF 5% Present values

1 -500 *0.952381 =-476.19

2 -650(500+150) *0.907029 =-589.569

3 -800(650+150) *0.863838 =-691.07

4 -950(800+150) *0.822702 =-781.567

5 -1100(950+150) *0.783526 =-861.879

6 -1250(1100+150) *0.746215 =-932.769

7 -1400(1250+150) *0.710681 =-994.954

8 -1550(1400+150) *0.676839 =-1049.1

9 -1700(1550+150) *0.644609 =-1095.84

10 -1850(1700+150) *0.613913 =-1135.74

PV=Present value $-8,609

Therefore the amount you will need to set aside is $-8,609

7 0
3 years ago
What does contingent mean on a real estate listing
agasfer [191]

Answer:

Contingent means "depending on certain circumstances." If a house is listed as contingent in real estate it means that an offer has been made and accepted, but before the deal is complete some additional criteria must be met.

Explanation:

Hope this helps! (I just looked it up) Good luck!!

4 0
2 years ago
Your deposit a check for $1200 into your checking account that a balance of $625 and a bounced you had written checks for $450 $
Elis [28]

Answer:

$110

Explanation:

8 0
3 years ago
) Two restaurants are on the same block. One has been opened for 10 years and its a thriving business. The other one has been op
CaHeK987 [17]

Answer:

The one that has been operating for the past ten years.

Explanation:

This is so because, the bank will consider it of factors which will include:

1. the stage in the life cycle of the company.

2. the credit risk level of the company.

3. the attractiveness of the company to investors.

4. the going concern assumption of the company.

Overall, the interest rate will be dependent on the kind of credit rating of the company. for a company which has been existing for long and which is thriving, the credit rating will be low. hence the bank will be taking a lower risk in giving the loan; hence the lower interest.

However for a new entity with a higher credit risk, the bank is taking a high risk lending money to such company, hence it will loan the new company at a higher interest rate.

8 0
3 years ago
The process of anticipating rivals’ actions in order to both revise a firm’s plan and prepare to deal with rivals’ response is c
Fudgin [204]

Answer:

Letter c is correct. Competitor analysis

Explanation:

Competitor analysis is a vital practice for those who are starting a business and who already have a consolidated brand in the market. Conducting a competitor analysis helps you better understand the marketing landscape and understand how your organization's positioning stands with its competitors.

By evaluating competitors, it is possible for a company to find development opportunities and better understand which challenges and continuous improvements need to be implemented. Competitor analysis can be conducted through market research, press, commentary and opinions, the internet and advertising.

8 0
3 years ago
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