Answer:
APR is 330% and EAR is 1745.53%
Explanation:
Given:
Monthly interest rate = 27.5%
APR or annual percentage rate = 27.5×12 = 330%
So, Big Dom should report an APR of 330% to customers.
EAR or effective annual rate = ![(1+\frac{APR}{m}) ^{m}-1](https://tex.z-dn.net/?f=%281%2B%5Cfrac%7BAPR%7D%7Bm%7D%29%20%5E%7Bm%7D-1)
Here,
APR is 330% and m is 12
330÷12 = 27.5%
substituting the value in the above formula:
EAR = ![1.275^{12}-1](https://tex.z-dn.net/?f=1.275%5E%7B12%7D-1)
= 17.4553 or 1745.53%
Answer:
Raise the income tax, which gives citizens less money to spend, and buy more services from civilian - owned businesses, which creates more jobs.
Explanation:
To prevent inflation, Lilliput's government should raise the income tax, which gives citizens less money to spend and buys more services from a civilian-owned business, which creates more jobs.
In this way, it can increase employment and reduce consumer spending which in turn will prevent inflation.
No, a deductive strategy involves giving a general principle or rule and showing how that will apply to the current situation.
<span>If the changes need to be done immediately in order to benefit the health of the client, then IRB approval is not required. The IRB, which stands for Institutional Review Board, is a select group of people that review and regulate biomedical research in which human beings are involved. This group is regulated by the FDA.</span>
How much the money you have !!!