Answer:
The correct answer is option a.
Explanation:
The full-employment level of output is $2,000.
The current level of output is $1,900.
The current aggregate demand is $1,850.
There is a need to increase the aggregate demand by $150 to reach full employment level.
The government increases purchasing by $30.
1 - MPC = 
MPC = 1 - 0.2
MPC = 0.8
Answer:
On October 01, 2017
The amount actually borrowed that is $ 701,000 will be recorded as liability/note payable on october 01, 2017. The following accounting entry will be passed
Debit Cash Asset $ 701,000
Credit Note payable $ 701,000
Interest recognized from October 1 to December 31, 2017
The premium amount paid on redemption will be recorded as interest over the period of time. The interest amount is
Interest = 721,000 -701,000 = $ 20,000
So this above calculated expense will be recognized as an expense over loan period.
Answer:
A) Based on NPV, Mike will choose 2nd influencer.
B) Based on IRR, Mike will choose 2nd influencer.
Explanation:
See images to get the appropriate answer:
Answer:
$3,402
Explanation:
We are to calculate the future value of the annuity
The formula for calculating future value = A x (B / r)
B = [(1 + r)^n] - 1
R = interest rate
N = number of years
(1.10)² - 1 = 0.21
$1,620 x( 0.21 / 0.1) = $3,402
Professional letters for business
