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Mnenie [13.5K]
3 years ago
9

3. A thousand dollars is invested for 7 months at an interest rate of 1% per month. What is the nominal interest rate per year

Business
1 answer:
horsena [70]3 years ago
3 0

Nominal interest = 1%/month * 12month/1 year

nominal interest rate =12%/ year

Effective interest rate = (1+1%)^12-1 = (1+1/100)^12 -1 = 12.68%

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How long does it take for the irs to process your tax return?
Kryger [21]
If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you choose direct deposit.
3 0
3 years ago
What is the basic economic problem that happens because people have unlimited wants but resources are limited? *
Ede4ka [16]

Answer:

D

Explanation:

Scarcity is the basic economic problem that happens because people have unlimited wants but resources are limited.

hope this helps

4 0
3 years ago
Select the subdivision of geologic time that does not belong with the others? a. devonian b. ordovician c. pleistocene d. paleog
Orlov [11]

Pleistocene is the subdivision of geologic time that does not belong with the others.

The Pleistocene period is referred to as a geologic time period which includes the last ice age, when glaciers covered huge parts of the globe. During the Pleistocene the most recent episodes of global cooling, or ice ages, took place.

Pleistocene period was also characterized by the presence of distinctive birds and the large land mammals. During the Pleistocene period, mountain glaciers formed on all the continents and vast glaciers.

Thus, Pleistocene is known to be the subdivision of geologic time which does not belong with the others.

Hence, option C is correct.

To learn more about Pleistocene here:

brainly.com/question/28102167

#SPJ4

8 0
1 year ago
As of july 2013, the population of the united states was 3.164 × 108, and the national debt was 1.674 × 1013 dollars. how much w
svetlana [45]
Given:Population of the US: 3.164 x 10^8National Debt 1.674 x 10^13
What we are looking for: person’s share of the debt.
Solution:To solve this, just divide the national debt to the number of people of the us, (which is the population of the US)

1.674 x 10^13 divided by 3.164 x 10^8

Answer is: $52,907.71 is the share of each person.
6 0
3 years ago
How can conflicts between the interests of stakeholders be resolved by a corporation's management?
Furkat [3]
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4 0
3 years ago
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