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3 years ago

How to calculate percent from percentage points?

1 answer:

6 0

Percentage points refer to an increase or decrease of a percentage rather than an increase or decrease of a raw number. For example, an increase from 10 to 11 would be an increase of 10 percent. However, an increase from 10 percent to 11 percent is an increase of just 1 percentage point. Each percentage point can be subdivided into 100 basis points, For example, an increase of 0.5 percentage points would also equal and increase of 50 basis points.

Enter the final percentage amount in the calculator. For example, if interest rates rose from 4.7 percent to 5.3 percent, enter the final amount of "5.3" into the calculator.

Push the subtraction sign on the calculator.

Enter the original percentage. In this example, enter "4.7."

Push the equals sign to find the difference as measured in percentage points. Completing this example, when you push equals sign, your calculator will display "0.6," meaning the amount increased by 0.6 percentage points.

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Today is date 0. In 10 years, you plan to retire and buy a house in Norman, OK. In terms of a time line, you will retire at the

Marianna [84]

Answer:

$20,441.67

Explanation:

the present value of your house is $200,000, its future value = $200,000 x (1 + 5%)¹⁰ = $325,778.93

you can earn a 10% annual interest rate for 10 years, that means that we can use a future value of an annuity factor = 15.937

your annual investment = future value of the house / annuity factor = $325,778.93 / 15.937 = $20,441.67

6 0

3 years ago

After September 11, 2001, the federal government increased military spending on wars in Iraq and Afghanistan. Is this increase

otez555 [7]

Answer:

Explanation:

Although the Fiscal policy includes the detail of government revenue collection and its spending and military budget is allocated in the budget as part of the policy, however after the incident of 9/11, the increase in military spending (including spending on wars in Iraq and Afghanistan) was designed to achieve homeland security objectives.

White House designated the Office of Homeland Security to oversee and coordinate a comprehensive national strategy to safeguard the country against terrorism and respond to any future attacks.

4 0

2 years ago

"DEF Corporation, after many profitable years, declares a one-time special cash dividend of $5.00 per share. After the announcem

Tju [1.3M]

Answer: B. 1 DEF Jan 50 Call

Explanation:

The Options Clearing Corporation (OCC) acting under its mandate of being an issuer and guarantor for options and futures contracts can alter options prices but does not do so for prices based on normal dividends as they are more regular and their effects are already accounted for in the price of the call.

When a company calls a one-time special cash dividend, this is new to the market which would not have incorporated it into the price of the call. The OCC will then adjust the price to account for this.

In this case it will do so by subtracting the dividend from the call;

= 55 - 5

= $50

The customer will then have 1 DEF Jan 50 Call .

8 0

3 years ago

Michelle owns a rental property in San Diego that she has rented to Luis for four years. The street on which the house is locate

ivolga24 [154]

Michelle must give Luis a sixty-day written notice of the lease termination because he has lived in the property for more than one year.

Explanation:

The landlord must send a 30-day notice of termination in writing with the occupant at the cost of his will, unless the owner stays in the house for more than one year, which includes a notice of 60 days.

The 60 Days Lease Termination Letter is an appointment for a residential property owner to use when he wishes to vacate a tenant for at least a year or more after residing in the house.

In California, a landlord can terminate a rental after a tenant has spent a year or more on the property and has provided the tenant with a notice of sixty days.

8 0

2 years ago

Swifty Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each produc

Katen [24]

Answer:

$10.60 per direct labor hour

Explanation:

Calculation for the overhead rate

First step is to calculate the Direct labor hours for car wheels using this formula

Direct labor hours for car wheels = Estimated wheel produced * Direct labor hour per wheel

Let plug in the formula

Direct labor hours for car wheels= 40,000 * 1

Direct labor hours for car wheels= 40,000 hours

Second step is to calculate Direct labor hours for Truck wheels using this formula

Direct labor hours for Truck wheels = Estimated wheel produced * Direct labor hour per wheel

Let plug in the formula

Direct labor hours for Truck wheels= 10,000 * 3

Direct labor hours for Truck wheels= 30,000 hours

Third step is to calculate the Total direct labor hours

Total direct labor hours = 40,000 + 30,000

Total direct labor hours=70,000 hours

Now let calculate the Overhead rate using this formula

Overhead rate = Total estimated overhead costs / Total direct labor hours

Overhead rate= $742,000 / 70,000 hours

Overhead rate= $10.60 per direct labor hour

Therefore Overhead rate is $10.60 per direct labor hour

8 0

2 years ago