Answer:
The effective annual rate is 10%
Explanation:
Future value = Present value * (1+r)^n
(1+r)^n = Future value / Present value
r = (Future value / Present value)^n - 1
Here r is the rate
Substitute the values as below
r = (Future value / Present value)^n - 1
r= ($100,000 / $97,654)^4 - 1
r = 1.10000 - 1
r = 0.10000
r = 10%
Answer:
D. an excess of government spending over government revenues during a given time period.
Explanation:
A government deficit describes a situation where the government's expenditure exceeds the total revenue collected. The government's primary source of income is through taxation. A deficit arises as a result of government policy or the occurrence of unexpected events.
A government may finance the budget deficit by borrowing funds from the local market or international lenders. It may also issue bonds or treasury bills. The government may also cut down on its expenses, or raise taxes to address the budget deficit.
In law, a restrictive covenant is the arrangement that generally restricts use of land in order to preserve the value of adjacent land or a neighborhood.
<h3>What is a
restrictive covenant?</h3>
In an agreement, a restrictive covenant is a kind of condition that confers a restriction, limits or prohibition on the actions of someone named in an enforceable agreement.
In conclusion, these covenant in law is such arrangement that restricts a use of land in order to preserve the value of adjacent land or a neighborhood.
Read more about restrictive covenant
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Answer:
True
Explanation:
The International Monetary Fund (IMF) is considered less controversial than the World Bank. Reason: Both the IMF and the World Bank were established at Bretton Woods. The World Bank is the less controversial of the two institutions.
Answer:
It is referred to as product differentiation.
Explanation:
Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.
This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.