A passbook savings account has a rate of 9 %. find the effective annual​ yield, rounded to the nearest tenth of a​ percent, if the interest is compounded monthly.

Answers

Answer 1
Answer:

Calculating Effective Annual Yield

Y= (1+(r/n))^n-1

9.381% = 9.4%

Answer 2
Answer:

Answer:

9.38%

Explanation:

effective annual yield = (1 + monthly rate)¹² - 1

where monthly rate = 9% / 12 = 0.0075

effective annual yield = (1 + 0.0075)¹² - 1 = 1.0938 - 1 = 0.0938 or 9.38%

The advantage of compound interest is that earned interest will earn more interest by itself.


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Which term is used to describe what those in one country buy from those in other countries?a. exportsb. importsc. tradesurplus
feisty children tend to learn to use the toilet with little difficulty, because they are biologically regulated is it true or false
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Job order costing and process costing are a.cost flow systems b.inventory tracking systems c.cost accounting systems d.pricing systems

A business-level strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage in specific product markets.(A) True
(B) False

Answers

Answer:

True

Explanation:

Business-level strategy focuses on how to satisfy customers, offer goods and services that meet up to their standard, and improve operating profits.

Business level strategies are actions carried out to give value to customers and also gain a competitive advantage by taking advantage of core competencies in specific, individual product or service markets.

What would you expect to happen to the demand for a luxury good today, if the government announces it will stop taxing that luxury good next year? a) Consumers will stop their consumption of the luxury good altogether. b) The demand for the luxury good will shift to the right today. c) The demand for the luxury good will shift to the left today. d) There will be no impact on the demand for the luxury good.

Answers

b) The demand for the luxury good will shift to the right today.

When the government announces that it will stop taxing a luxury good next year, it essentially reduces the price of the luxury good for consumers in the future. This change in price expectation is likely to have an immediate effect on consumer behavior. Consumers may anticipate lower prices in the future and, as a result, increase their demand for the luxury good today. This shift in demand to the right indicates higher demand at the current price level.

Final answer:

If the government announces it will stop taxing a luxury good next year, the demand for that luxury good would likely shift to the right (increase) today as consumers anticipate lower prices in the future.

Explanation:

The impact of government tax policies on consumer demand can be a complex topic to consider. In the scenario where the government announces that it will stop taxing a luxury good next year, the demand for that luxury good is likely to shift to the right today. This means that consumer demand will increase.

Many consumers who might have been deterred from purchasing the luxury good due to the extra cost imposed by the tax may now decide to wait until the tax is lifted before making their purchase. Therefore, the demand for the good will remain steady or possibly increase in anticipation.

However, it’s important to note that the shift might not be huge if consumers believe the price savings from the no tax policy isn't significant enough to warrant waiting. Other factors such as individual income levels, the perception of the good's worth, or the perceived urgency to own the good can also influence the shift in demand.

Learn more about Demand Shift here:

brainly.com/question/35075492

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Which of the following is an example of the barter system

Answers

Barter system is a system of exchanging goods and services without using monetary currencies.

For example: 
Farmer 1 has a cow and Farmer 2 has a chicken. Farmer 1 goes to Farmer 2 to barter with him. Farmer 1 offers 1 gallon of milk for one dozen of chicken eggs. Farmer 2 accepts the offer and goods are exchanged. That is a barter. 

Answer:

in excange for rent you clean the ownsers house

Explanation:

Business behavior determines the ethics of society.We can improve society's moral and ethical behavior by first making a commitment to improving business's moral and ethical behaviour

Answers

Answer: The correct answer is False.

Explanation:

Business behavior will not determine the ethics of society. Businesses can't be responsible to change the moral and ethical behaviors of a single person or an entire world. Only a person can change their own behavior. A society in whole can only be changed by each person acting upon their own free will.

If a business is not ethical, then they need to change the way they work and do business and lead by example.

New financial assets like an initial public offering or a seasoned equity offering are initially offered on the A. futures market
B. money market
C. primary market
D. secondary market

Answers

Answer:

C. primary market

Explanation:

The primary markets also known as financial asset issuance markets, are physical or virtual-electronic places where the collection of public funds by a company is made, through the issuance of new securities. That is, investors obtain newly created securities, which they acquire directly from the issuer (as opposed to secondary markets, in which previously issued securities that were held by other investors are traded).

However, purchases or sales of securities that were already in circulation, when made through a public offering, are also considered primary market operations.

The primary market is right because there are some financing claimants, the issuers of the securities, which require capital and who can try to obtain it through the issuance of securities. These values ​​may be capital (equities) or debt (fixed income).

In the first case, variable income assets are issued, which may pay dividends in the future to the owners of the shares, whose value will be negotiated in the secondary market, suffering variations over time, so, of some form, one could say that the remuneration will be variable and dependent on the result obtained by the company; both in the case that the holder of the title waits for dividends to be paid and in the case in which he decides to sell the title he owns in the secondary market.

I think it is C sorry if I am wrong

The ______ is the amount returned to the investor at the maturity date when the bond is due.A. Capital gain
B. Principle
C. Terminal Value

Answers

b would be the answer well thats what my teacher and parents told me any way