Answer:
2.0 percent
Explanation:
Inflation can be defined as the persistent rise in general price levels.
Inflation can be calculated by determining the change in price levels.
(122.4 / 120 ) - 1 = 0.02 = 2%
I hope my answer helps you
Answer:
E) 10.95%
Explanation:
Hi, in order to find the "g" or growth rate of this common stock, we need to solve the following equation.
Where:
P = Price
g = growth rate
r = market rate of return
Do = last dividend
So, we solve like this
And now we will have to work with its equivalent numbers
So, g = 10.95%
Best of luck.
Answer:
The answer is option C. car owners wanting car repairs and supply represented by automotive and glass repair and replacement companies.
Explanation:
After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automotive repair, glass replacement, dent repair and repainting.
Demand is a good or service that consumers are willing and able to purchase at various prices during a given period of time.
In this situation, the car owners are wanting car repairs will be willing to purchase glass and other damaged parts of the car, as well as pay for the services of repairs.
While the automotive and glass repair and replacement companies will handle the supplies and repairs.
Answer: Are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.
Explanation:
Accounting information systems are very useful because they combine accounting records with processes thereby coming up with reports on transactions that provide relevant stakeholders with both financial and non-financial information needed for decision making and control.
Accounting systems do not require a Certified International Trade Professional (CITP) designation to understand neither does it report only financially related information nor is it always computerized.
Answer and Explanation:
a. The computation of the interest earned is given below:
= $1,000 × (1.05)^10 - $1,000
= $628.29
b. Now the interest earned in case of withdrawn is
= $1,000 × 5% × 10
= $500
c. In part a there is a compound interest while on part b there is a simple interest so the both answers should be different
The same would be relevant and considered too
