unemployment rate increases
Answer: Option B.
<u>Explanation:</u>
Unemployment is the situation when a person is able to work and he is also willing to work at the rate of the wage that is prevailing at that particular period of time but is still not able to find work.
Since Diane is ready to work at the wage rate that is in the market at that time and she is looking for job but still she could not find any job till now, so the rate of the unemployment will increase.
Answer:
$1,593,535.83
Explanation:
Future Value of mortgage determines the future value of a mortgage after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.
DATA
PV = $1,500,000
N = 24
r = 0.04/12
PMT = $1250
FV =?
Solution
PV = (PMT/r)*[1 – 1/(1 + r)^N] + FV/(1 + r)^N
1,500,000 = (1250/(0.04/12)) * (1 – 1/(1 + 0.04/12)^24) + FV/(1 + 0.04/12)^24
1,500,000 = 28785.31353687 + 0.92323916 FV
FV = (1,500,000 - 28785.31353687)/ 0.92323916
FV = $1,593,535.83
Answer:
4,712 fingerlings
Explanation:
The amount that a sum will accumulate to at the end of a particular number of period if it grows at a certain rate per annum is given as
F= A× (1+g)^(n)
F- Sum at the end of the period, A- sum at the beginning of the period, n- number of period, g -growth rate
5,000= A× (1.02)^(3)
a= 5000/(1.02^3)
a= 4711.61
The population at the start of fingerlings = 4,712
Answer: $45,000
Explanation:
Last In First Out (LIFO) is an inventory valuation and management method that works by selling the most recent inventory to come into the business as opposed to the earlier ones.
In the above, the most recent Inventory to come in is the 5,000 units bought at $10 each.
The 4,500 units sold will therefore come from there.
Cost of Goods Sold = Units Sold * Purchase Price
= 4,500 * $10
= $45,000
There will be a total of 31,400 more rupees would 20000 euros buy at peak exchange rate than at closing point. We can buy more rupees at the peak exchange rate than at the closing point using the currency of Europe which is euro. The answer in this question is 31,400 more rupees can buy at 20000 euros.
