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Karolina [17]
3 years ago
15

A bank loan has been given to a customer at a bank with a FIXED nominal interest rate of 13%. The real

Business
1 answer:
dmitriy555 [2]3 years ago
6 0

Answer:

The new real interest rate is 15%

and the lender was hurt.

O 15%; lender

Explanation:

a) Data and Calculations:

Fixed nominal interest rate = 13%

Real interest rate for the bank's profit margin = 10%

Inflation rate = 3% (13% - 10%)

Unanticipated inflation rate = 7%

Nominal interest rate = 17% (10% + 7%)

But the bank could not increase its fixed nominal interest rate to match the nominal interest rate.

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Geraths Windows manufactures and sells custom storm windows for three-season porches. Geraths also provides installation service
defon

Answer:

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

Cr Sales Revenue $1,846

Oct 15

Dr Cash $400

Dr Unearned Service Revenue $554

Cr Service Revenue $554

Cr Accounts Receivable $400

Explanation:

Preparation of the journal entries for Geraths in 2020.

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

($2400-$2000)

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

($600/$600+$2000*$2400)

Cr Sales Revenue $1,846

($2,000/$600+$2000*$2400)

Oct 15

Dr Cash $400

($2400-$2000)

Dr Unearned Service Revenue $554

Cr Service Revenue $554

($600/$600+$2000*$2400)

Cr Accounts Receivable $400

($2400-$2000)

5 0
3 years ago
Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa costs​ $500,000 today, and ho
ki77a [65]

Answer:

Annual deposit= $37,714.37

Explanation:

Giving the following information:

The villa costs​ $500,000 today, and housing prices in Mexico are expected to increase by​ 6% per year. Manny and Irene want to make fifteen equal annual payments into an​ account, starting​ today, so there will be enough money to purchase the villa in fifteen years.

The account earns​ 10% per​ year.

First, we need to calculate the final value of the house with the following formula.

FV= PV*(1+i)^n

FV= 500,000*(1.06^15)=$1,198,279.1

Now, we can calculate the annual payments required:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,198,279.1*0.10)/[(1.10^15)-1]

A= $37,714.37

6 0
3 years ago
Marlon needs to add a code that indicates the information he will be including on a page. Which of the following codes should he
Likurg_2 [28]
I believe it is A seems like a better choice
3 0
3 years ago
A metal sphere of radius 15 cm has a net charge of 3.0 $ 10#8 C. (a) What is the electric field at the sphere’s surface? (b) If
denis-greek [22]

Answer:

E = 1.20 × 10^{4} N/C

V = 1800 V

x = 0.058 m

Explanation:

given data

radius = 15 cm

net charge = 3 × 10^{-8} C

electric potential decreased = 500 V

solution

we get here electric field at the sphere’s surface that is

electric field at the sphere’s surface E  =  \frac{q}{4\pi \epsilon _o R^2}   ............1

put here value

electric field at the sphere’s surface E  = \frac{3\times 10^{-8}\times 8.99\times 10^9}{ 0.15^2}    

E = 1.20 × 10^{4} N/C

and

potential on surface of sphere is

V =  \frac{q}{4\pi \epsilon _o R} ................2

V = \frac{3\times 10^{-8}\times 8.99\times 10^9}{ 0.15}  

V = 1800 V

and

now we get distance that is x

and we know here

ΔV = V(x) - V   ..............3

substitute here value

-500V = \frac{q}{4\pi \epsilon _o } \times (\frac{1}{R+x} - \frac{1}{R})

-500 V = {3\times 10^{-8}\times 8.99\times 10^9} \times (\frac{1}{0.15+x} - \frac{1}{0.15})

solve it we get x

x = 0.058 m

3 0
3 years ago
Decreasing marginal returns occur in the short run as more labor is hired to work in a fixed sized plant because
oksian1 [2.3K]

Answer:

A) adding more workers exhausts the possible gains from specialization.

Explanation:

When a worker specializes in a certain task, they will become more productive and efficient in performing the task. Worker specialization takes a long time, so it only applies in the long run.

In the short run when a company wants to increase its output, it cannot rely on worker specialization since they don't have the time to wait, they must hire more workers.    

8 0
3 years ago
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