Which of the following is not included in the interest calculation using adjusted balance method?A. current purchases
B. large payments
C. interest rate
D. periodic interest rate

Answers

Answer 1
Answer: a.  current purchases

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Underwriting is best described as __________. activities related to selecting acceptable risks so that general insurer objectives are met actuarial science production-related activities performed primarily by agents in the field a function most often performed by adjusters

Answers

The correct answer is letter a. Activities related to selecting acceptable risks so that general insurer objectives are met. Underwriting is best described as "Activities related to selecting acceptable risks so that general insurer objectives are met."

Here are the choices
a. Activities related to selecting acceptable risks so that general insurer objectives are met.
b. Actuarial science
c. Production-related activities performed primarily by agents in the field
d. Process of developing pricing structures for insurance, often performed by an actuary
e. A function most often performed by adjusters

Who is the last prophet of Islam?

Answers

The last prophet of Islam was Prophet Muhammad (saw). The Quran was brought down to Mohammed, and he memorized it and also taught it to the Sahabah. Later, the Sunnah was the way of life on how to live as an example for the Muslims. Also, as a result, the Kafireen used to say that Mohammed wrote the Quran as a poem, and an evidence against that was that he was illiterate, meaning he could not read or write. 
Muhammad is the last prophet in Islam. He was born in Arabia, in Makkah. Hope this helps. 

Wyatt is paying back a loan with a nominal interest rate of 13. 62%. If the interest is compounded quarterly, how much greater is Wyatt’s effective interest rate than his nominal interest rate? a. 0. 96 percentage points b. 0. 40 percentage points c. 0. 25 percentage points d. 0. 71 percentage points.

Answers

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:

R=(1+(i)/(m))^(m)  -1\n=(1+(0.1362)/(4))^(4)  -1\n=0.1433

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:

14.33-13.62\n=0.71

Learn more about the effective and nominal rates of interest here:

brainly.com/question/2787260

It is early in the year, and Keesha would like to start saving money for next year’s holiday presents. What type of account should Keesha open?

Answers

she should open a savings account

You are given the following information for Securities J and K for the coming year: State of Nature Probability Return J Return K 1 20.00% 14.00% 14.00% 2 50.00% 19.00% 16.00% 3. 30.00% 16.00% 25.00% You create a portfolio, with 40 percent of your money invested in Security K, and the rest of your money invested in Security J. Given this information, determine the coefficient of variation (CV) of this portfolio for the coming year. Enter your answer with 4 decimal places. For example, if your answer is 12.25%, enter 0.1225.

Answers

Answer:

The coefficient of variation (CV) for the portfolio is approximately 0.3696

Explanation:

The coefficient of variation (CV) measures the risk per unit of return and is calculated as the standard deviation of the portfolio's returns divided by the expected return of the portfolio. Here's how you can calculate it:

Calculate the expected return of the portfolio:

Expected Return of Portfolio (ERp) = Weight of J * Return of J + Weight of K * Return of K

Where:

Weight of J = 1 - Weight of K (since the rest of your money is invested in Security J)

Weight of K = 40% (0.40)

Return of J and Return of K are given in the table

ERp = (0.60 * 14.00%) + (0.40 * 16.00%)

ERp = 8.40% + 6.40%

ERp = 14.80%

Calculate the standard deviation of the portfolio. To do this, we need to calculate the portfolio's variance first.

Portfolio Variance (σ²p) = (Weight of J)² * Variance of J + (Weight of K)² * Variance of K + 2 * (Weight of J) * (Weight of K) * Covariance(J, K)

Where:

Variance of J and Variance of K are the variances of the returns of J and K, respectively.

Covariance(J, K) is the covariance between the returns of J and K.

Given the returns and probabilities, we can calculate the variances and covariance:

Variance of J:

Variance of J = Σ [Probability * (Return of J - Expected Return of J)²]

Variance of J = (0.20 * (14.00% - 14.80%)²) + (0.50 * (19.00% - 14.80%)²) + (0.30 * (16.00% - 14.80%)²)

Variance of K:

Variance of K = Σ [Probability * (Return of K - Expected Return of K)²]

Variance of K = (0.20 * (14.00% - 16.00%)²) + (0.50 * (16.00% - 16.00%)²) + (0.30 * (25.00% - 16.00%)²)

Covariance(J, K):

Covariance(J, K) = Σ [Probability * (Return of J - Expected Return of J) * (Return of K - Expected Return of K)]

Covariance(J, K) = (0.20 * (14.00% - 14.80%) * (14.00% - 16.00%)) + (0.50 * (19.00% - 14.80%) * (16.00% - 16.00%)) + (0.30 * (16.00% - 14.80%) * (25.00% - 16.00%))

Once you have the variances and covariance, calculate the portfolio variance:

σ²p = (0.60)² * Variance of J + (0.40)² * Variance of K + 2 * (0.60) * (0.40) * Covariance(J, K)

Calculate the standard deviation (volatility) of the portfolio:

Portfolio Standard Deviation (σp) = √(Portfolio Variance)

Now, you have the expected return (ERp) and standard deviation (σp) of the portfolio. Calculate the coefficient of variation (CV):

CV = (Portfolio Standard Deviation / Expected Return of Portfolio)

CV = (σp / ERp)

Calculate the values, and you'll get the coefficient of variation for the portfolio.

"The price of coffee increases by 10%, and as a result, Alex purchases fewer donuts. This suggests that to Alex, coffee and donuts are:"

Answers

Answer:

Complementary goods

Explanation:

Complementary goods are goods that are demanded for together or consumed together. If the demand for one of the complementary goods increases, the demand for the other good increases and vice versa.

If the price of coffee increases by 10%, the demand for coffee and doughnut would fall according to the law of demand.

I hope my answer helps you.