Business, 23.02.2021 04:10 DarcieMATHlin819
Match the change in Interest rate by banks to the impact it has on consumers and businesses.
Theo, an entrepreneur, can now
plan on expanding his business
by taking a loan.
Sarah can now buy her computer
on easy installments, paying a
lower loan payment to the bank.
Jacob had decided to postpone
his plan of buying a house on
mortgage.
The management has decided
not to hire more workers because
expansion is too expensive.
Jerry is now eager to invest his
savings in the stock market.
Higher interest
Lower interest
Answers: 1
Business, 22.06.2019 04:00
The simple interest in a loan of $200 at 10 percent interest per year is
Answers: 2
Business, 22.06.2019 20:00
Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
Answers: 1
Business, 22.06.2019 20:20
Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.
Answers: 2
Match the change in Interest rate by banks to the impact it has on consumers and businesses.
Theo,...
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