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2 years ago

"the effectiveness of monetary policy depends primarily on how monetary policy influences interest rates."

1 answer:

4 0

The statement <span>"the effectiveness of monetary policy depends primarily on how monetary policy influences interest rates." would most likely be considered as TRUE. A state must have an effective monetary policy so that the inflow and outflow of currency through the state is overseen and regulated.</span>

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Frank and Jasmere are both shopping for a new car. They are looking for a $20,000 loan to pay for the new car that they will pay

Neporo4naja [7]

Answer:

d. is correct

Explanation:

8 0

2 years ago

Prepare Garzon Company's journal entries to record the following transactions for the current year. January 1 Purchases 9.5% bon

Andre45 [30]

Answer:

Garzon Company

Journal Entries

January 1 Debit 9.5% Bonds Receivable PBS $45,600

Credit Cash $45,600

To record the purchase of bonds in PBS.

June 30 Debit Cash $2,166

Credit Bonds Interest Revenue $2,166

To record the receipt of first semiannual interest.

December 31 Debit Cash $47,766

Credit 9.5% Bonds Receivable $45,600

Credit Bonds Interest Revenue $2,166

To record the receipt of both principal and second semiannual interest.

January 1 Debit 9% Bonds Receivable PBS $52,000

Credit Cash $52,000

To record the purchase of bonds in PBS.

June 30 Debit Cash $2,340

Credit Bonds Interest Revenue $2,340

To record the receipt of first semiannual interest.

December 31 Debit Cash $54,340

Credit 9% Bonds Receivable $52,000

Credit Bonds Interest Revenue $2,340

To record the receipt of both principal and second semiannual interest.

Explanation:

a) Data and Analysis:

January 1 9.5% Bonds Receivable PBS $45,600 Cash $45,600

June 30 Cash $2,166 Bonds Interest Revenue $2,166

December 31 Cash $47,766 9.5% Bonds Receivable $45,600 Bonds Interest Revenue $2,166

January 1 9% Bonds Receivable PBS $52,000 Cash $52,000

June 30 Cash $2,340 Bonds Interest Revenue $2,340

December 31 Cash $54,340 9% Bonds Receivable $52,000 Bonds Interest Revenue $2,340

3 0

2 years ago

Which of the following functions does an intelligent agent perform? Group of answer choices monitoring the Internet to screen ou

riadik2000 [5.3K]

Answer:

D. Classifying and indexing web pages for search engines.

Explanation:

An intelligent agent in artificial intelligence is an autonomous entity is set to perform specific foals using "observation" and "consequent actuators".

Intelligent agents can classify and index web pages for search engines, designed to learn and so improve its agency or labor.

4 0

2 years ago

On January 1, 2018, Brown Co. borrowed cash from First Bank by issuing a $100,000 face value, four-year term note that had an 8

expeople1 [14]

Answer: Please see below

Explanation: Amortization for the four year period is given as

FOR 2018

Principal Balance = $100,000

cash payment for dec 31st= #30,182

Applied to interest== 8% of 100000= 0.08 x100,000=8000

Applied to Principal = cash payment -interest= 30192-8000= $22, 192

Principal balance at end of period=Principal Balance--applied to Principal

= 100,000 - 22,192=$ 77, 808

FOR 2019

Principal Balance = $77,808

cash payment for dec 31st= $30,182

Applied to interest== 8% of 77,808= 0.08 x77,808 =$6225

Applied to Principal = cash payment -interest= 30192-6225= $23,967

Principal balance at end of period=Principal Balance--applied to Principal

= 77,808 - 23,967=$ 53,841

FOR 2020

Principal Balance = $53,841

cash payment for dec 31st= $30,182

Applied to interest== 8% of 53,841= 0.08 x53,841 =$4307

Applied to Principal = cash payment -inbterst= 30192-4307= $25,885

Principal balance at end of period=Principal Balance--applied to Principal

= 53,841- 25,885= $27,956

FOR 2021

Principal Balance = $27,956

cash payment for dec 31st= $30,182

Applied to interest== 8% of 27,956= 0.08 x27,956 =$2236

Applied to Principal = cash payment -interest= 30192-2236= $27,956

Principal balance at end of period=Principal Balance--applied to Principal= 27,956- 27,956=0

8 0

2 years ago

On December 1, Victoria Company signed a 90-day, 8% note payable, with a face value of $6,600. What amount of interest expense i

Ket [755]

Answer:

$44

Explanation:

The computation of the accrued interest expense is shown below:

= Face value or Principal × rate of interest × number of days ÷ (total number of days in a year)

= $6,600 × 8% × (30 days ÷ 360 days)

= $44

We assume there are 360 days in a year

And, the 30 days is calculated from December 1 to December 31

This is the answer and same is not mentioned in the given options.

7 0

2 years ago