Answer:
the promised gross rate of return on the loan is 7.52%
Explanation:
The computation of the promised gross rate of return is shown below:
= (Rate of interest + Origination fees) ÷ [1 - (Demand deposit x (1 - Reserve requirement)]
= (6.55% + 0.5%) ÷ [1 - (7% × (1 - 10%)]
= (0.0655 + 0.005) ÷ [1 - (0.07 × (1 - 0.10)]
= 0.0705 ÷ (1 - 0.063)
= 0.0705 ÷ 0.937
= 0.07524 or 7.52%
Hence, the promised gross rate of return on the loan is 7.52%
Take the number of people employed and divide by total population of country. then multiply by one hundred.
Answer:
Sylvia will report $28,200 on her tax return.
Option C) $28,200 is the correct Answer
Explanation:
Given the data in the question;
Combined Income = ( 4,000 × 8 ) + ( 2000 × 3) = 32,000 + 6,000 = 38,000
Sylvia Separate Income = ( 2000 × 4 ) + ( 200 × 12/2) = 8000 + 1200 = 9,200
Now, the Income that Sylvia will report is;
⇒ (38,000 / 2) + 9200
= 19,000 + 9,200
= 28,200
Therefore Sylvia will report $28,200 on her tax return.
Option C) $28,200 is the correct Answer
Answer:
In order to control the demand-pull inflation, the Government undertakes some monetary measures and incorporates certain changes to the fiscal policy.One of the commonly used measures to control inflation is controlling the money supply in the economy. If the Government decreases the supply of money, then the demand will fall, leading to a fall in prices. Therefore, the Government may decide to withdraw certain paper notes and/or coins from circulation. This decreases the money supply.
Explanation:
Answer:
Instructions are below.
Explanation:
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 162,000 / (90 - 36)
Break-even point in units= 3,000
<u>The break-even point in units is the number of units required to cover for the fixed costs.</u> At this point, the net income is zero. When cost increase, there are necessary more units to break even.
Fixed cost increase= break-even point in units increases
Unitary variable cost increase= contribution margin decreases. Break-even point in units increases
Selling price increase= break-even point in units decreases.