Answer:
EMI=P*r * (1+r)^n/(1+r)^n-1
Where EMI= equal monthly installments
P=Principal amount
r=rate of interest
n=numer of periods
Explanation:
P=$184,500
r=4.65%/12=.3875%
n=30*12=360
EMI=$184,500*.3875%*(1+.3875%)^360/((1+.3875%)^360-1)
EMI=$951
Interest in first monthly installment=$715
Principal Amount in first monthly installment=$236
Answer:
Vodka, gin, baijiu, shōchū, soju, tequila, rum, whisky, brandy and singani are examples of distilled drinks. Beer, wine, cider, sake and huangjiu are examples of fermented drinks.
Explanation:
A(n) blank Business model is a plan that details how a company creates, delivers, and generates revenues.
<h3>What exactly is a business model?</h3>
An organization's conceptual framework, which includes its mission, objectives, and continuing strategies for accomplishing them, is known as a business model.
A business model is essentially a specification outlining how a company achieves its goals.
<h3>A successful business model is what?</h3>
As an illustration, Clay Christensen of Harvard Company School proposes that a business model should include four components: a customer value proposition, a profit formula, essential resources, and key procedures.
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<span>Consider this scenario: in response to an increase in the product's price, producers of mp3 players have increased the quantity supplied. this is an example of Law of Supply. </span><span>The </span>law of supply<span> states that the quantity of a good supplied rises as the market price rises, and falls as the price falls. </span>
Answer:
The correct answer is option D.
Explanation:
The income and interest rates are inversely or negatively related in the goods market.
An increase in interest rate would lead to increase in the cost of borrowing.As a result the capital investment will fall. This would further contribute in a decline in the production. This ultimately causes income level to decline.
In the money market though equilibrium levels of income and interest rate are positively related.
The equilibrium in the money market is determined by the intersection of demand for money curve and supply of money curve.
The demand for money depends on transactionary and precautionary motives. When there is an increase in income, the transactionary demand for money will increase as people will spend more. The increase in demand would cause the interest rate to rise.
In this way, income and interest rate arepositively related in the money market.
