Answer:
The instalment amount is 2695.53
Explanation:
The present value of money or borrowed amount (PV)= $12000
Interest rate (i) = 4 percent.
Time period (n )= 5 years
Annuity = A
We have to find the instalment amount that the person repay. Below is the following calculation.
P V= A x ((1 – (1 / (1 + r) ^ -n)) / r)
A = PV / ((1 – (1 / (1 + r) ^ -n)) / r)
A = 12000 / (( 1 – (1 / (1+ 4%)^-5))/ 4%
A = 2,695.53
The neoclassical monetarist O Keynesian attitude tends to view inflation nations as a fee that gives no offset integrated built-disintegrated integrated phrases of decreased unemployment.
Inflation is the fee of built-in boom integrated prices over a given time period. Inflation is normally a broad measure, together with the overall built integrated prices or the growth of built-inbuilt integrated fee of built-ing built-in a rustic.
There are three inflation reasons for built inflation: call for-pull built-inflation, cost-push integrated nation, and built-inflation.In built-inflationary built-ings, inconsistently building charges necessarily reduce the purchase built integrated electricity of some customers, and this erosion of real built-income is the built integrated largest fee of built-inflation. Inflation can also distort building strength over the years for recipients and payers of fixed built-in hobby charges.
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The government body responsible for the regulation of the Indian banking system is the Reserve Bank of India.
<h3>What is Government?</h3>
A government refers to an administrative system developed to maintain the functioning of any country by maintaining peace and order by implementing laws and legislation of the constitution and providing better facilities to its citizens.
The reserve bank of India is the governing body that is responsible for the regulation of the Indian banking system which provides guidelines regarding interest rates and issuing of funds and bonds to businesses and individuals.
This maintains the currency system and helps in economic decisions by managing the credit system of the country.
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Answer:
The amount of $690 should recorded for desks
Explanation:
The amount which should be reported for desks at the end of march is computed:
Amount that should be reported for desks = Purchased on March 3 + Purchased on March 22
where
Purchased on March 3 amounts to $280
Purchased on March 22 amounts to $410
Putting the values above:
Amount = $280 + $410
= $690
Therefore, the amount of $690, which is to be recorded for the desks purchased by the Cobra company.
Answer:
$23,300
Explanation:
Missing word <em>"The prevailing interest rate is an 8% annual rate, and Theo earns a 25% yield on the transaction. Calculate X."</em>
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Stock short sell amount = $25,000
Margin required = 40%
Margin = $25,000 * 40%
Margin = $10,000
Interest = 8%
Interest earned (on margin) = $10,000 * 8%
Interest earned (on margin) = $800
Yield on transaction = 25%
Yield = [(Stock short sell amount - Buyback amount + Interest on margin) / Margin required.] While assuming buyback amount to be X)
0.25 = ($25,000 - X + $800) / $10,000
$2,500 = $25000 - X + $800
X = $25,000 + $800 - $2,500
X = $23,300