A college graduate in 1972 found a job paying $7,200. The CPI was 0.418 in 1972. A college graduate in 2005 found a job paying $30,000. The CPI was 1.68 in 2005. The 1972 graduate's job paid ______ in nominal terms and ______ in real terms than the 2005 graduate's job.
Answers
Answer:
D. Less; Less
Explanation:
Given that
CPI in 2005 = 1.68
Wage in 1972 = 7200
Wage in 2005 = 30,000
CPI in 1971 = 0.418
Therefore,
Real wage in 1972 = wage in 1972/CPI in 1972
= 7200/0.418
= $17,224.88
Real wage in 2005 = wage in 2005/CPI in 2005
= 30000/1.68
=$17,857.14
Thus, from the given data 1972 job paid LESS in nominal terms (7200 < 30000) and LESS in real terms (17,244.88 < 17,857.14) than the 2005 job.
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The money deposited in a bank is called _______. a. profit b. principal c. interest
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When you receive your paycheck stub, you should _____. check it to make sure it is correct and save it for your records give it to your employer use it to calculate the taxes you owe attach it to your tax return?
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b. reducing carbon emissions over time through the use of permits
c. reducing carbon emissions by rewarding industry for better practices
d. all of the above
Answers
The cap and dividend policy works by reducing carbon emissions over time through the use of permits. Option (b) is correct.
It entails granting licenses to businesses that increase overall carbon emissions in a cap and dividend program. The amount of carbon emissions that these companies might produce would be limited, and the number of permits would be dwindling annually.
In a cap-and-trade system, the government decides what level of pollution is acceptable before granting permits to pollute. A corporation can sell the credits it obtains for the amounts it does not emit to other businesses.
Therefore, Option (b) is correct.
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The correct answer to this question is B.
Answers
A market where tenants negotiate rent and other terms with property owners or their managers is referred to as a "User market".
Option: B
Explanation:
A market analyst is more generalized than research involving consumers. Market analysts are studying customer behavior, and recognizing their needs. They disclose demographic, fiscal, and statistical data about a particular sector. The data was used by both industry analysts and consumer analysts to make informed decisions.
Here the tenant is bargaining or trying to get compensated the amount of rent to be paid monthly, by discussing the topic with property owner is understood as user market, because according to user need or demand the landlord may get agree to understand the user concern.
Answers
The total finance charge plus interest divided by the amount dinanced represents a ratio that can be used to determine the annual percentage rate.
hope this helps
A. 5%
B. 59%
C. .05%
D. 5.9%
Answers
Answer: (D) 5.90%
Explanation: David is going to buy a new car at $21,349.
The down payment is $3,000.
Loan amount (Present value) = $21,349 - $3,000
Loan amount (Present Value) = $18,349
Installment amount (pmt) = $352
As the payment is made monthly (12 months in a year),
Number of payments = 5 * 12
Number of payments = 60
Using the rate option in excel,
Insert the variables into the option, we get
By inserting the above formula in excel we get,
Rate = 0.47%
Rate of 0.47% is monthly, to get APR
APR = 0.0586
APR = 5.86% or 5.90%
Therefore the correct option is 5.90%.
If David makes monthly payments of $352 for the next five years, he will pay APR ( Annual Percentage Rate) of 5.9%.
Hence, the correct option is D.
Here's the detailed calculation:
The total amount of the loan is $21,349 - $3,000 = $18,349.
The total interest paid over the life of the loan is $352 × 12 × 5 = $21,120.
The APR is 21,120 / 18,349 × 100 = 5.9%.
So, David has paid an APR of 5.9% on his car loan.
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Answers
Answer:
$120,000
Explanation:
The computation of the accumulated depreciation for the December 31,2019 using the double -declining method is shown below:
First we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 45
= 20%
Now the rate is double So, 40%
In year 1, the acquired cost is $300,000 , so the depreciation is $120,000 after applying the 40% depreciation rate