Wyatt's effective interest rate would be greater than his nominal interest rate by 0. 71 percentage points.
The nominal interest rate is 13. 62% or 0.1362 that would be given an effective rate of interest as follows:
Here, the value of the effective rate of interest, that is 0.1433 that would be multiplied with 100 to get the percentage value of 14.33%
Hence, the difference between effective and nominal interest rates would be:
Learn more about the effective and nominal rates of interest here:
Answer:
here correct option is A. $7,000
Explanation:
given data
Stripling earned = $700,000
collected cash = $710,000
company wrote off = $8,000
revenue = 1 %
to find out
net realizable value of receivable
solution
we will find here amount of uncollectible expense that are for year 2
amount of uncollectible expense = Sales revenue for year 2 × revenue %
put here value we wet
amount of uncollectible expense = $700,000 × 1 %
amount of uncollectible expense = $700,000 × 0.01
amount of uncollectible expense = $7,000
so here correct option is A. $7,000
everyone studying economics I think
B. money market
C. primary market
D. secondary market
Answer:
C. primary market
Explanation:
The primary markets also known as financial asset issuance markets, are physical or virtual-electronic places where the collection of public funds by a company is made, through the issuance of new securities. That is, investors obtain newly created securities, which they acquire directly from the issuer (as opposed to secondary markets, in which previously issued securities that were held by other investors are traded).
However, purchases or sales of securities that were already in circulation, when made through a public offering, are also considered primary market operations.
The primary market is right because there are some financing claimants, the issuers of the securities, which require capital and who can try to obtain it through the issuance of securities. These values may be capital (equities) or debt (fixed income).
In the first case, variable income assets are issued, which may pay dividends in the future to the owners of the shares, whose value will be negotiated in the secondary market, suffering variations over time, so, of some form, one could say that the remuneration will be variable and dependent on the result obtained by the company; both in the case that the holder of the title waits for dividends to be paid and in the case in which he decides to sell the title he owns in the secondary market.