Higher interest rates mean that if you invest money in a given currency, you will get a bigger return of this money. So higher interest rates attract people to this currency, especially to place their savings in this currency.
This will mean that people will buy this currency: the demand for it will increase, and with an increased demand, the value of the currency will increase.
So higher interest rates are a force that will lead to an increase of the value of this currency. Together with other forces that will lead to a decrease of this value, they will lead to a fluctuation in the exchange rate.
Answer: SEE EXPLANATION
A. 198.27 UNITS
B. 99.14 UNITS
C. 30.76 ORDERS
D. 8.12 DAYS
E. $1,784.43
Explanation:
Given the following ;
Annual order = 6,100
Carrying cost = $9 per unit per year
Ordering cost = $29
A) EOQ =sqrt[( 2 × Annual order × (ordering cost ÷ carrying cost)]
EOQ = sqrt[2 ×6100 × (29÷9)]
EOQ = sqrt(12200 × 3.22222222)
EOQ = 198.27 units
B.) AVERAGE INVENTORY :
EOQ ÷ 2
198.27 ÷ 2 = 99.14 UNITS
C.) Optimal number of orders per year:
Demand / order per year
6,100 ÷ 198.27 = 30.76 orders
D.) Optimal number of days between two orders:
Number of working days ÷ optimal number of orders
250 ÷ 30.76 = 8.12 days.
E.) Annual cost of ordering and holding inventory:
$198.27 × $9 = $1,784.43
Answer:
B) money.
Explanation:
Characteristics of a negotiable instrument
- Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
- Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
- Rights: the transferee can take legal action to claim the honoring of the instrument.
- Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
- Monetary value: instruments carry a specific monetary value and must be paid in money.
Answer:
ALOT
Explanation:
How Much Does an Accountant Make? Accountants made a median salary of $71,550 in 2019. The best-paid 25 percent made $94,340 that year, while the lowest-paid 25 percent made $55,900.
Answer:
$ 10,737,418.23
Explanation:
Given:
Amount paid on the first day = $ 0.02
Amount paid on the Second day = $ 0.04
Amount paid on the third day = $ 0.08
number of days, n = 29
also,
the wages is doubling daily
therefore,
The total of the wages for 29 days will be = $ 0.02 + $ 0.04 + $ 0.08 + ....
or we can form the relation as
= $ 0.02 × ( 2⁰ + 2¹ + 2² + 2³ + ........ )
or
=
or
=
or
=
or
= $ 10,737,418.23