Everything else held constant, when the federal funds rate is above the interest rate paid on reserves, the quantity of reserves demanded rises when the federal funds rate falls.
What is the federal funds rate?The target interest rate established by the FOMC is known as the federal funds rate. This is the overnight lending and borrowing rate between commercial banks for their excess reserves. Short-term interest rates on credit cards and consumer loans can be impacted by the federal funds rate.
What are the reserve interest rates?The interest rate paid by the Federal Reserve on balances kept in master accounts at Federal Reserve Banks by or on behalf of qualifying institutions is known as the interest rate on reserve balances (IORB rate). An essential tool of monetary policy, the interest rate is established by the Board of Governors.
To know more about Federal Reserve, visit:
brainly.com/question/24173150
#SPJ4
Which describes a challenge we might see if remote working was the norm.
A. businesses would have to pay building costs or rent a workspace
B. there would be more cars on the road for people having to drive to work
C. workplaces could be more flexible with hours and job assignments
D. it would be harder to find jobs because the applicant pool would be larger
A challenge that might come about if remote working was the norm is D. it would be harder to find jobs because the applicant pool would be larger
What are challenges of remote work?A major challenge that remote work presents is that jobs would be harder to find thanks to there being a large applicant pool. This is because people can basically apply from anywhere in the world which means that with these many people applying, they's all have lower chances of getting employed.
Remote work does have some advantages however and they include businesses not having to rent workplaces and less cars on the road.
Find out more on remote work at https://brainly.com/question/28156703
#SPJ1
when you are writing to complain about something and you're worried that your reader might be reluctant to grant your claim, you should use . a. passionate appeals b. both direct and indirect appeals c. the direct strategy d. the indirect strategy
When you are writing to complain about something and you're worried that your reader might be reluctant to grant your claim, you should use both direct and indirect appeals.
What is an indirect appeal?
Indirect appeal refers to the exercise of the prime contractor's right to appeal by the subcontractor or the prime contractor's pursuit of an appeal on the subcontractor's behalf.
Direct appeal advertisements for consumer goods are uncommon. The hamburger was formerly promoted in America by appealing to hunger.
Eat a whopper hamburger when you feel a man-size appetite, advised the advertisement. indirect arguments A human need may be hinted at but not specifically stated in an indirect appeal.
These signals are directed at the buyer's subconscious, but they are in some way obscured by messages that appeal to the buyer's rational thinking.
Learn more about indirect appeal, here
https://brainly.com/question/12943561
#SPJ1
Indicate whether each of the following is counted in the United States gross domestic product for the year 2006. Explain your answer.
a. The value of used textbooks sold through an online auction in 2006.
b. Rent paid in 2006 by residents in an apartment building in 2000.
c. Commission earned in 2006 by a stockbroker.
d. The value of automobiles produced in 2006 entirely in South Korea by a firm fully owned by United States citizens.
The value of used textbooks sold through an online auction in 2006 is the gross domestic product for that year.
Which of the following variables is used when computing GDP?The calculation of a country's GDP takes into account both total private and public consumption, government spending, investments, increases in private inventories, paid-in building expenses, and the international balance of trade. (Imports are deducted from the total, while exports are added.)
What are the gross domestic product's four components?The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports. 1 That tells what a country is best at producing. GDP is a measure of a country's annual total economic production.
To know more about domestic visit:-
https://brainly.com/question/13795785
#SPJ4
a fire destroyed furniture and fixtures used in jock's business. jock's adjusted basis in the furniture and fixtures was $81,300. jock received a $100,000 reimbursement from his insurance company and immediately spent $93,000 to purchase new furniture and fixtures, and used the rest of the insurance proceeds to pay operating expenses. how much gain or loss must jock recognize on this involuntary conversion?
A fire destroyed furniture and fixtures used in jock's business. jock's adjusted basis in the furniture and fixtures was $81,300. jock received a $100,000 reimbursement from his insurance company and immediately spent $93,000 to purchase new furniture and fixtures, and used the rest of the insurance proceeds to pay operating expenses. how much gain or loss must jock recognize on this involuntary conversion? $11700.
Purchase price of new equipment = $93000
Adjusted basis of furniture and fixtures destroyed =$81300
Gain on conversion = $93000 - $81300 = $11700.
Repayment is repayment paid through an organization for out-of-pocket expenses incurred or overpayment made by an employee, client, or any other birthday celebration. repayment of business costs, insurance fees, and overpaid taxes are commonplace examples. however, in contrast to standard reimbursement, compensation isn't always situation to taxation.
KEY TAKEAWAYS
Compensation is money paid to an worker or client, or another celebration, as compensation for a business expense, insurance, taxes, or different expenses.
Business price reimbursements include out-of-pocket prices, inclusive of those for tour and food.
In line with diem fees are every day fees paid to personnel as compensation for enterprise journeys.
Tax refunds are a form of reimbursement from the authorities to taxpayers.
Organizations have a vested interest in ensuring that reimbursements are only supplied for valid reasons.
Learn more about operating expenses here:-
https://brainly.com/question/14697297
#SPJ4
Provide an example of how a company could make modifications to their business operations to incorporate sustainable best practices. How could these modifications be measured in terms of triple bottom line?.
Divide the organization's backside line into three categories: social, environmental, and economic.
Represent every category in phrases of benefits and costs. Calculate net profits the use of traditional accounting techniques to symbolize the the first of the three bottom lines.
Why is triple bottom line important?A extra sustainable future that considers both social and environmental sustainability.
Methods to set dreams and measure and improve sustainable systems.
New ways to generate profit, such as attracting new customers who favor to reduce their have an effect on on the environment.
Especially in cutting-edge marketplace, companies that focus on social and environmental duty can additionally enhance that extra usual metric: profit. "Using the TBL framework opens up many possibilities to enlarge revenues, minimize expenses and build loyalty," Horowitz said.
Learn more about triple bottom line here:
https://brainly.com/question/17386608#SPJ4a company has bonds outstanding with a par value of $100,000. the unamortized discount on these bonds is $4,700. the company calls these bonds at a price of $95,000 the gain or loss on retirement is:
The outstanding bonds of a company have a par value of $100,000.These bonds have an unamortized discount of $4,700.The company calls these bonds at a price of $97,000, which results in a loss of $1,700 upon retirement.
The bond issued to generate cash for the organization is called Bond Payable.The bond is liable for the interest.the bond issued by both public and private businesses.Cash is debited and bond payable is credited when a bond is issued at par.Bonds come in a variety of flavors, including those with zero interest rates, those with fixed rates, and those with variable rates.
What are payable bonds?
When a company issues bonds to raise cash, bonds payable are recorded.The company is a borrower because it is a bond issuer.As a result, issuing the bond results in the creation of a liability.As a result, bonds payable are listed as liabilities on the balance sheet of the business.
Learn more about Bond Payable here:
https://brainly.com/question/13373096
#SPJ4
anthony asked his roommate if he could borrow $50; his roommate refused. then anthony asked if he could borrow just $10, and his roommate lent him the money. this is an example of:
The given situation is an example of the door-in-the-face technique
What is a door-in-the-face technique?
The door-in-the-face approach is a compliance strategy that is frequently researched in social psychology. The persuader makes a sizable request that the responder would probably decline, which is similar to a door being metaphorically slammed in the persuader's face, in an effort to persuade the respondent to agree. If a second, more reasonable request is made after that, the respondent is more likely to comply than if the first request is made alone. The foot-in-the-door (FITD) strategy, where a persuader starts with a modest request and progressively raises the demands of each request, can be compared to the DITF technique. The FITD and DITF methods both raise the possibility that a response may grant the second request.
To learn more about door-in-the-face technique from the given link
https://brainly.com/question/14487016
#SPJ4
anthony asked his roommate if he could borrow $50; his roommate refused. then anthony asked if he could borrow just $10, and his roommate lent him the money. this is an example of:
In 2017, Skylar sold an apartment building for $20,000 cash and a $300,000 note due in two years. Skylar’s cost of the property was $250,000, and he had deducted depreciation of $150,000, $60,000 of which was in excess of what the straight-line amount would have been.Do not round intermediate computations. Round your final answers to the nearest dollar.Under the installment sales method, Skylar's total realized gain is $___. In 2017, he recognizes § 1250 gain of $______ and § 1231 gain of $______.
In 2017, Skylar sold an apartment building for $20,000 cash and a $300,000 note due in two years. Skylar’s cost of the property was $250,000, and he had deducted depreciation of $150,000, $60,000 of which was in excess of what the straight-line amount would have been.Do not round intermediate computations. Round your final answers to the nearest dollar.Under the installment sales method, Skylar's total realized gain is $220,000. In 2017, he recognizes § 1250 gain of $10,000 and § 1231 gain of $10,000.
Property is any object that a person or a commercial enterprise has felony identify over. assets can be tangible items, along with homes, automobiles, or appliances, or it may seek advice from intangible items that convey the promise of future worth, inclusive of inventory and bond certificates.
Learn more about property here:https://brainly.com/question/536751
#SPJ4
according to the inventory control system matrix, independent demand with high transaction costs, it is likely to deploy what type inventory control process?
According to the inventory control system matrix, where the independent demand is with high transaction costs, it is likely to deploy a type inventory control process known as Manual two-bin.
What is a Manual two-bin in inventory control?In inventory control process, the two-bin control is a system used to determine when items or materials used in production should be replenished. When the items in the first bin have been depleted, an order is placed to refill or replace them. The second bin is therefore, supposed to have enough items to last until the order for the first bin arrives.
Therefore, the manual two-bin is the system that will be deployed where the independent demand is with high transaction cost.
Read more about manual two-bin
brainly.com/question/10156251
#SPJ1
Theo Chocolate has very public dedication to international fair trade, a dedication that comes before profits. Customers and employees who care about fair trade are more likely to support the cause with donations to Fair Trade USA. O more likely to shop for the best price or demand the highest salary. more likely to buy from or stay loyal to the firm
Theo Chocolate has very public dedication to international fair trade, a dedication that comes before profits. Customers and employees who care about fair trade are more likely to buy from or stay loyal to the firm.
With the help of fair pricing and the Fair Trade organization, fair trade helps farmers to improve their standard of living while contributing to broader societal change. Ecocert has granted Fair for Life certification to Theo Chocolate.
We focus on sourcing goods from smallholder farms and want to use organic and fair-trade products whenever feasible. With the intention of fostering prosperous, resilient communities, we work fairly with cocoa and ingredient-sourcing partners to provide them with decent wages.
To know more about Fair Trade here
https://brainly.com/question/15080973
#SPJ4
when examining a master budget, where does a company find the planned expenditures for facilities and equipment?
A master budget will show all the details of the company's income-generating actions via the operating budget, with an overview of revenue and expenses.
What are the master budget's three primary parts?A master budget is composed of three primary parts. Operating budgets include all basic business costs and revenue. The budget for capital expenditures includes costs for longer-term projects and assets. Cash flows and business financial information are covered in financial budgets. A projection of what would appear on the balance sheet at the conclusion of the accounting period will also be included, along with cash inflows and outflows from the cash flow statement.
Perhaps the most closely examined part of the master budget is the budgeted income statement.
To know more about master budget, refer:
https://brainly.com/question/15900166
#SPJ4
the standard of living varies greatly among groups within a country as well as from nation to nation.
Yes, it is true that the standard of living varies greatly among groups within a country as well as from nation to nation.
The level of comforts, amenities, and services that are available to a society or location as a whole, as opposed to just one person, is referred to as the standard of living. The standard of living is significant because it is thought to affect a person's quality of life. The economy of the country is divided into different sections which produce different services. The value of the services is also different, which affects the money earned by the people of the country. As per the money earned by the people of the country, the country is divided into different classes based on earnings which create different standards of living in the country.
Apart from this, there was several economic and social dimension and disparities existing in the nation which gives more way to a different standard of living. All these together affect the standard of living of the people of the nation.
Learn more about the standard of living here: https://brainly.com/question/930000
#SPJ4
Which do the following is a example to why body art may not be a concise red safe in the workplace? The manager does not wear any jewelry. Certain types of jewelry can get caught in machinery. Visible tattoos can distract team members from their work. Some employees have expressed views against body art.
An example of why body art may not be a concise red safe in the workplace is Certain types of jewelry can get caught in machinery.
Why might body art be avoided in certain work places?There are certain types of work that will prohibit the use of certain types of body art as they can be dangerous given the processes involved in the work. For instance, certain types of jewelry may be refused in a certain type of work place if it will get caught in machinery. This would be dangerous to the production in the company and so it would be dangerous.
There are reasons why body art can still be allowed in a company however, and they include the manager hating the body art and not wearing such things. If tattoos are allowed, they can be used regardless of whether it will distract team members from their work.
Find out more on body art at https://brainly.com/question/10985954
#SPJ1
_____ is best described as the process of merging with a competitor at the same stage of the value chain.
A. Backward integration
B. Forward integration
C. Horizontal integration
D. Taper integration
Horizontal integration is best described as process of merging with competitor at same stage of value chain.
What is horizontal integration?Increased production of goods or services by a business at the same point in the supply chain is known as horizontal integration. This could be accomplished by a business through internal growth, acquisition, or merger. If one business controls a substantial portion of the market for that good or service, the process could result in monopoly. Vertical integration, in which businesses combine various production stages from a few different production units, contrasts with horizontal integration. Media critics like Robert W. McChesney have observed that the entertainment sector is currently moving toward a trend where fewer transmedia and transnational firms have a greater share of the media ownership pie. In areas where wealthy people can afford such activities, media is observed to gather.
To learn more about horizontal integration, visit:
https://brainly.com/question/15706734
#SPJ4
the equation of exchange part 2 a. states that the money supply times velocity equals nominal national income. b. is an accounting identity and is always correct. c. states that expenditures by some people equal income received by others. d. all of the above.
The equation of exchange is a states that the money supply times velocity equals nominal national income, an accounting identity and is always correct, and states that expenditures by some people equal income received by others.
The exchange equation is M V P Q. The velocity is the typical annual rate at which a dollar is spent to purchase final goods and services.
The monetarist theory is represented by the equation of exchange, MV = PQ. Here, M is the total amount of money available, and V denotes the velocity of money turnover or the frequency with which the average dollar in the money supply is spent on products on a yearly basis.
T stands for all the products and services exchanged. The exchange equation is an identity equation, meaning that MV is exactly equivalent to PT (or that MV = PT). The equation must always be accurate in the ex-post, or factual, sense.
Hence the correct option is D
To know more about Equation of Exchange here
https://brainly.com/question/14317858
#SPJ4
In a project monitoring system, data collected from ____ activity duration, resource usage, and costs are compared against ____ activity duration, resource usage, and costs.
In a project monitoring system, data collected from resources activity duration, resource usage, and costs are compared against project activity duration, resource usage, and costs.
In order to develop the project schedules, the scheduling process requires examining the activity sequences, activity resource estimations, and activity length estimates.The outcomes of the previous step are arranged to create the project's final schedule during the development schedule process. In this essay, the definition of the development schedule process and its goals are explored in great detail.Prior to creating the project schedule model, an analysis of activity sequences, durations, resource needs, and scheduling constraints is required.You will have a finalised project plan once the development schedule process is complete, which will include details like the beginning and ending dates of each project activity.
To know more about monitoring visit:
https://brainly.com/question/29216681
#SPJ4
you own 1,100 shares of stock in avondale corporation. you will receive a $2.60 per share dividend in one year. in two years, the company will pay a liquidating dividend of $48 per share. the required return on the company's stock is 20 percent. suppose you want only $800 total in dividends the first year. what will your homemade dividend be in two years? (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
The homemade dividend in two years equals to $55,272.
How to calculate homemade dividend in two years?A dividends refers to the payments that a company makes to share profits with its stockholders. It is paid on a regular basis and are one of the ways investors earn a return from investing in stock
Data:
• Shares of stock= 1100
• yearly per share dividend = $2.60
• Liquidating dividend per share = $48
• Required return on stock = 20℅
• Dividend required by me = $800
Let's solve for the following:
Dividend received in one year:
= 1,100 * 2.60
= $2860
For price of stock in one year, we have:
= $48/1.20
= $40
The number of shares purchased:
= $2860 - $800 / $40
= $2060 / $40
= 51.50 shares
Dividend in two years will be:
= $48 * (1,100+51.50 shares)
= $48 * 1151.50
= $55,272
Read more about dividend
brainly.com/question/15581821
#SPJ1
laser corporation had $275,000 in invested assets, sales of $330,000, operating income amounting to $33,000, and a desired minimum return on investment of 7.5%. the return on investment (rounded to one decimal place) for blaser corporation is
By dividing operating revenue by invested assets, the rate of return on investment is calculated. Due to the fact that the operating income is $33,000 and invested assets total $275,000 Consequently, a 12% rate of return on investment is realized.
It establishes the quantity of investment return in relation to investment cost. It may be stated as a ratio or percentage. By dividing an investment's return by its cost, the return on investment is calculated.
The management is able to choose the most profitable investment option available to them thanks to the return on investment of various assets. To calculate the return on investment, use the data regarding operational income and invested assets.
Use the calculation below to get the rate of return on investment:
Rate of return = operating income / invested assets
= 33000 / 275000
= 12%
To learn more about the Rate of return
https://brainly.com/question/24232401
#SPJ4
what are three disadvantages of greenfield ventures? choose all that apply. multiple select question. uncertainty of future revenue considered first-movers preemption by other competitors take longer to establish loss of tax revenue
Potential drawbacks of greenfield projects include the following:
Potentially expensive to enter the market (barriers to entry)Having a greenfield location has significant fixed expenditures.What is a green-field venture?
In a green-field (also "greenfield") venture, a parent company creates a subsidiary in another country and launches its operations there from scratch. These projects also have additional offices, residential quarters, and distribution centers in addition to new production facilities. The phrase "green-field investment" refers to a venture that is being started from scratch by a company, typically a multinational corporation (MNC), after plowing and preparing a green field. The initiatives are foreign direct investments, also referred to as direct investments, which give the sponsoring corporation the most degree of influence.
The riskiest type of international direct investment is a greenfield project, which carries an exceptionally high level of risk.Regulations by the government that might prevent foreign direct investments.To know more about a green-field venture:
https://brainly.com/question/15886557
#SPJ4
Tracy Williams deposits $500 that was in her sock drawer into a checking account at the local bank. a. How does the deposit initially change the T-account of the local bank? How does it change the money supply? b. If the bank maintains a reserve ratio of 10%, how will it respond to the new deposit? c. If every time the bank makes a loan, the loan results in a new checkable bank deposit in a different bank equal to the amount of the loan, by how much could the total money supply in the economy expand in response to Tracy's initial cash deposit of $500? d. If every time the bank makes a loan, the loan results in a new checkable bank deposit in a different bank equal to the amount of the loan and the bank main- tains a reserve ratio of 5%, by how much could the money supply expand in response to Tracy's initial cash deposit of $500?
a. This deposit increases the bank's reserves by $500 and also increases the money supply by the same amount.
b. If the bank maintains a reserve ratio of 10%, it will respond to the new deposit by holding 10% of the deposit as reserves and loaning out the remaining amount.
c. The total money supply in the economy could potentially expand by $5000 in response to Tracy's initial cash deposit of $500.
d. The total money supply in the economy could potentially expand by $10,000 in response to Tracy's initial cash deposit of $500.
a. When Tracy Williams deposits $500 in her sock drawer into a checking account at the local bank, the T-account of the local bank will be affected as follows:
T-account of the local bank:
Assets: +$500 (increase in reserves)
Liabilities: +$500 (increase in deposits)
This deposit increases the bank's reserves by $500 and also increases the money supply by the same amount. The money supply increases because deposits in banks are considered part of the money supply, specifically the M1 money supply which includes currency and checkable deposits.
b. The reserve ratio is the fraction of deposits that a bank is required to hold as reserves, and the rest can be loaned out to borrowers.
Initial deposit = $500
Reserve ratio = 10%
Reserves held by the bank = $500 × 0.10 = $50
Loan amount = $500 - $50
= $450
c. If every time the bank makes a loan, the loan results in a new checkable bank deposit in a different bank equal to the amount of the loan, the total money supply in the economy could expand by a multiple of Tracy's initial cash deposit.
Initial deposit = $500
Money multiplier = 1 / Reserve ratio
Money multiplier = 1 / 0.10 = 10
Total potential money supply expansion = Initial deposit × Money multiplier
Total potential money supply expansion = $500 × 10 = $5000
So, the total money supply in the economy could potentially expand by $5000 in response to Tracy's initial cash deposit of $500.
d. If every time the bank makes a loan, the loan results in a new checkable bank deposit in a different bank equal to the amount of the loan, and the bank maintains a reserve ratio of 5%, the money supply could expand even further.
Reserve ratio = 5%
Money multiplier = 1 / 0.05 = 20
Total potential money supply expansion = Initial deposit × Money multiplier
Total potential money supply expansion = $500 × 20 = $10,000
So, the total money supply in the economy could potentially expand by $10,000 in response to Tracy's initial cash deposit of $500.
Learn more about the reserve ratio here:
https://brainly.com/question/33864669
#SPJ12
a $135 petty cash fund has petty cash on hand of $18 and receipts of $120. the journal entry to replenish the fund would include a
On a $135 petty cash fund, petty cash on hand of $18 and receipts of $120, the journal entry to replenish the fund would include a credit to cash short/over for $3.
What is a petty cash fund?In accounting, a petty cash fund means small amount of company cash often kept on hand to pay for minor or incidental expenses such as office supplies or employee reimbursements.
These type of fund will undergo a periodic reconciliations with transactions also recorded on the financial statements. In larger corporations, each department have its own petty cash fund.
Read more about petty cash fund
brainly.com/question/28853022
#SPJ1
Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the Gambler's Last Chance Bank of Las Vegas has zero excess reserves. If a new customer deposits $10,000, the bank can now extend new loans up to a maximum of _____.
The complete statement is "Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the Gambler's Last Chance Bank of Las Vegas has zero excess reserves. If a new customer deposits $10,000, the bank can now extend new loans up to a maximum of $8,000. "Option B
What are loans?Generally, In the world of finance, the act of one or more individuals, organizations, or other entities lending money to other individuals, organizations, or other entities is known as a loan.
When someone receives a loan, they are typically responsible for repaying not only the initial amount borrowed but also the interest accrued on the loan up until the point at which the loan is paid off.
The full statement is as follows: "Imagine that all banks are required to maintain a reserve amount equal to 20 percent of their total assets, and that the Gambler's Last Chance Bank in Las Vegas has no reserves in excess of what is required. If a new customer deposits $10,000, the bank is now able to extend new loans up to a maximum of $8,000; however, the maximum loan amount remains unchanged." Alternative B
Read more about loans
https://brainly.com/question/11794123
#SPJ1
CQ
Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the Gamblers Last Chance Bank of Las Vegas has zero excess reserves. If a new customer deposits $10,000, the bank can now extend new loans up to a maximum of:
a.$2,000.
b.$8,000.
c.$10,000.
d.$50,000.
PLS HELP…… What is the difference between a charge card and a credit card?
O A charge card is paid off each month while a credit card has a revolving credit line.
O A charge card is issued by a bank while a credit card is issued by a merchant.
O A charge card has a revolving line of credit while a credit card is paid off each month.
O A charge card has zero interest while a credit card has a high interest
A charge card is paid off each month while a credit card has a revolving credit line is the difference between a charge card and a credit card. Thus, option (a) is correct.
What is credit card?A credit card is a payment card was the issued by the financial institutions. It was the provided of the customers to borrow funds, and the pre-approved credit limit. It was the provided the facilities such as purchases, balance transfers and the other things.
According to the main difference between the charge card is paid off each month. On the another hand was the credit card has a revolving credit line. It was the pay of the purchase of the goods and the services. It was the paid by the card issuer.
As a result, the significance of the charge card and a credit card are the aforementioned. Therefore, option (a) is correct.
Learn more about on credit card, here:
https://brainly.com/question/27350251
#SPJ5
if sears department store managers looked at macy's department store prices for identical national brands and, based on that information, decided to advertise a sale on those products, they would be exercising which pricing method?
Sears department store managers would be using competition-based pricing.
Define competition-based pricing.Competitive based pricing, also known as competition-based pricing, refers to a pricing strategy in which your own price point is significantly influenced by that of your rivals. This tactic puts more emphasis on the market than it does on your expenses (Cost Plus Pricing). The tenet of competitor-based pricing is the conviction that market participants already know the answer and that every decision taken by rivals is wise. This can be a fair pricing strategy if just one company uses it, setting its prices after considering the current price range.
To know more about competition-based pricing, visit:
https://brainly.com/question/19135383
#SPJ1
if you invest $500 each month at an annual rate of 7%, in how many month will it become $300,000? the answer could be in decimals.
If you invest $500 each month at an annual rate of 7%, in 11.02 month it will become $300,000. To answer this, we need compound interest formula.
Here the equation is :
A= P[1+(r/n)]^(n*t)
Variable meaning:
A: Amount
P: Initial amount
R: Interest rate (decimal)
N: Number of times interest is compounded per year
T: Time (years)
Given in the question:
A = 300,000
P = 500
R = .07 (remember that when turning percent to decimal you move the decimal 2 to the left)
N = 12 (because there are 12 months a year)
T = ?
Plug into the equation:
300000 = 500 [1+ (0.07/12)] ^(12t)
Solve:
300000/500 = (1.05)^12t
600 = (1.05)^12t
Apply log on both sides,
log(600) = 12t log( 1.05)
2.778 = 12t*0.021
2.778/0.021 = 12t
13.28 = 12t
t = 11.02
Therefore, if you invest $500 every month for 11.02 months then the investment should total $300,000.
To learn more about compound interest here
https://brainly.com/question/16340100
#SPJ4
julia roberts has a bond issue outstanding that matures in four years. the bonds pay interest semiannually. currently, the bonds are quoted at 102.3 percent of face value and carry a coupon rate of 9 percent. what is the firm's after tax cost of debt if the tax rate is 35 percent?
Bond price =C*[1-(1+YTM)^-n / YTM] + [P/(1+YTM)^n]
Where,
C= Coupon amount =1000*9%*6/12 =45
YTM = Yield To Maturity
n = Number of periods =4*2 =8
P= Par value
Bond price =$1000*102.3% =1023
$1023=45 * [1 - (1 + YTM)^-8 / YTM] + [1000 / (1 + YTM) ^8]
$1023/45= * [1 - (1 + YTM)^-8 / YTM] + [1000 / (1 + YTM) ^8]
$22.7333= * [1 - (1 + YTM)^-8 / YTM] + [1000 / (1 + YTM) ^8]
YTM =4.16%
YTM(Annually)= 4.16 * 2 = 8.31%
After-tax cost of debt = cost of debt ×(1-tax rate)
=0.0831× (1-0.35)
=0.0831× 0.65
=5.4 %
Learn more about Maturity here
https://brainly.com/question/28039417
#SPJ4
in years where many new assets are purchased, regular tax depreciation will be (greater/less) than amt depreciation, resulting in an (addition/subtraction) of the difference to regular taxable income to arrive at the amt tax base.
In years where many new assets are purchased, regular tax depreciation will be greater than amt depreciation, resulting in an addition of the difference to regular taxable income to arrive at the amt tax base.
Taxes are mandatory contributions levied on individuals or corporations via a government entity—whether or not neighborhood, local, or countrywide. Tax revenues finance government activities, inclusive of public works and offerings together with roads and faculties, or applications along with Social security and Medicare.
Taxes are important due to the fact governments accumulate this cash and use it to finance social tasks. without taxes, authorities contributions to the health region would be not possible. Taxes go to investment fitness offerings such as social healthcare, clinical research, social protection, and so forth.
Learn more about tax here:https://brainly.com/question/26316390
#SPJ4
b. suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do the sightseeing, she paid $1,650 for transportation, $1,035 for lodging, and $320 for meals during this part of her trip, which she considers personal in nature. what amount of the total costs can melissa deduct as business expenses?
Suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do the sightseeing, she paid $1,650 for transportation, $1,035 for lodging, and $320 for meals during this part of her trip, which she considers personal in nature. what amount of the total costs can Melissa deduct as business expenses? $0
None of the cost for sightseeing is deductible, because the primary purpose of the trip was business. She is not allowed to deduct any personal expenses like, meals, lodging, and transportation during sight visit.
Therefore, the amount of travel cost Mellissa deduct as business expenses is $0
Sightseeing is the hobby of going to a new vicinity and sorting out all the sights and cool capabilities of that area. walking around Atlantic city finding out the casinos and boardwalk is an example of sightseeing.
The definition of a capability is some thing that someone or aspect is able to do. whilst someone can cook dinner, this is an example of a situation where he has the functionality to cook dinner. when a pc can open a file, this is an example of a state of affairs wherein the pc has the capability to open the report.
Learn more Expenses here:-
https://brainly.com/question/14697297
#SPJ4
how can a reduction in direct cost generate more of a price savings for a supply manager than a similar percentage reduction in the seller’s profit?
Everything is based off the cost of a product. A reduction in one cost of the product has a ripple effect lowering all the cost for the rest of the product and lowering the cost of the profit at the end. A reduction in the seller's profit just takes a small percentage off the top of the price.
Profit, in accounting, is an profits disbursed to the proprietor in a profitable marketplace production technique. income is a measure of profitability that's the owner's foremost interest inside the income-formation technique of marketplace production. There are numerous profit measures in common use.
Income describes the financial gain found out while sales generated from a enterprise pastime exceeds the charges, fees, and taxes worried in maintaining the pastime in question.
Learn more about profit here:https://brainly.com/question/26215194
#SPJ4
you take $500,000 out of your sock drawer and provide yourself with a 15-year annuity. assuming a 10% interest rate, how much will this annuity be?
This annuity will be 3333.33. Annuities are primarily utilised in interest rate and assist people in reducing the danger of outliving their assets.
Drawer = $500,000
Annuity= 15 year
Interest rate= 10%
$500,000*10%/15
= 3333.33
The term "annuity" refers to an insurance contract that financial institutions have created and disseminated with the goal of paying out invested money as a fixed income stream in the future.
Annuities are bought or invested in by investors using monthly premiums or one-time lump sum payments. For a predetermined amount of time or for the length of the annuitant's life, the holding institution issues a stream of payments in the future.
Annuities are primarily utilised in retirement and assist people in reducing the danger of outliving their assets. Financial products known as annuities provide retirees with a guaranteed income source.
To know more about Annuity visit:
https://brainly.com/question/13247656
#SPJ4