Why is the interest rate such an important price in the economy?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
The interest rate is principally the cost of money You have to ...View the full answer
Answered By
Isaiah Mutinda
As a graduate with Bs in Maths and Computer Science and having worked as a freelance full stack software developer for 3 years running I believe I have what it takes to conformable tutor and mentor a student to a professional developer also.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
The pension fund obligation of a corporation is calculated as the present value of the actuarially projected benefits that will have to be paid to beneficiaries. Why is the interest rate used to...
-
Why is the interest rate in a time value of money calculation sometimes referred to as the discount rate? Why is it also called inverse compounding?
-
In an effort to better understand how her investments are affected by market factors, Michelle Delatorre, the professional tennis player introduced in the Integrative Problem in Chapter, has posed...
-
Understanding the history and background of your company gives you valuable insights as to what to do and what not to do going forward. A brief written summary of the background and history of the...
-
For the beam and loading shown, determine (a) The magnitude and location of the resultant of the distributed load, (b) The reactions at the beam supports. G00 N/m 240 N/m A. 4.2 m 2 m
-
How would you randomize, for a two sample test, in each of the following cases? (a) Forty combustion engines are available for a speed test and you want to compare a modified exhaust valve with the...
-
On a summer day the air temperature is \(30^{\circ} \mathrm{C}\) and the relative humidity is \(55 \%\). Water evaporates from the surface of a lake at a rate of \(0.08 \mathrm{~kg} / \mathrm{h}\)...
-
The following is a partial trial balance for General Lighting Corporation as of December 31, 2011: 300,000 shares of common stock were outstanding throughout 2011. Income tax expense has not yet been...
-
First, watch the crash course on 'Due Process' listed for this week and then read the short article on a Virginia fight club published by the Washington Post (link below and Word Doc at the bottom):...
-
1. Marketing analysts use market position maps to display visually the customers perceptions of a firm in relation to its competitors regarding two attributes. Prepare a market position map for Alamo...
-
What factors explain economies of scale?
-
What are the basic purposes of antitrust policy?
-
Single Audit. Quad-States Community Service Agency expended federal awards during the most recent fiscal year in the following amounts for the pro- grains shown: Additional information indicates that...
-
A negative charge of -0.550 C exerts an upward 0.900-N force on an unknown charge that is located 0.500 m directly below the first charge. Part A What is the value of the unknown charge (magnitude...
-
Lindquist Company has the following information for February: Sales Variable cost of goods sold $7,150,000 2,430,000 1,250,000 Variable selling and administrative expenses 900,000 110,000 Fixed...
-
You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the company's operations: a. The cash...
-
Find the value of an investment of $20,000 for 13 years at an annual interest rate of 3.85% compounded continuously The value of the investment is $?
-
Plug Products owns 8 0 percent of the stock of Spark Filter Company, which it acquired at underlying book value on August 3 0 , 2 0 X 6 . At that date, the fair value of the noncontrolling interest...
-
Provenza Manufacturing uses 3,400 switch assemblies per week and then reorders another 3,400. If the relevant carrying cost per switch assembly is $7.45, and the fixed order cost is $1,100, is the...
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
A lightweight, rigid beam 10.0 m long is supported by a cable attached to a spring of force constant k = 8.25 kN/m as shown in Figure P12.38. When no load is hung on the beam (Fg = 0), the length L...
-
A lightweight, rigid beam 10.0 m long is supported by a cable attached to a spring of force constant k = 8.25 kN/m as shown in Figure P12.38. When no load is hung on the beam (Fg = 0), the length L...
-
A firework charge is detonated many meters above the ground. At a distance of 400 m from the explosion, the acoustic pressure reaches a maximum of 10.0 N/m2. Assume that the speed of sound is...
-
A 2,274.88 kilogram truck runs into the rear of a 1,067.75 kilogram stationary car. The truck and car are locked together after the collision and move with speed 8.93 meters per second. What was the...
-
1. Discuss one form of radiation you encounter in your daily life and why you use it. 2. What are some of the reported effects of that type of radiation on the human body? [Sources of information...
-
What is a plan on how you intend to be successful in future semesters. The plan should be a source of motivation to do well in college, both professionally and personally. Include tips that you can...
Study smarter with the SolutionInn App