Answer:
$7,255
Explanation:
The computation of the total purchase price is shown below:
= Number of shares purchased × par value per share + commission paid
= 100 shares × $72 + $55
= $7,200 + $55
= $7,255
The Number of shares purchased × par value per share is also known as total purchase value
We simply calculate the total purchase value and then added the commission paid so that the accurate value can come
Answer:
Why can't the Fed push the rate any lower than zero?
Real interest rates can be lower than zero, or negative (because inflation rate is higher than interest rate), but nominal interest rates are generally only limited to zero. But during this same time, the European Central Bank actually started paying negative interest rates on money deposits and many European private banks followed. That means that they charged people for having their money on the bank.
Why do you think that the Fed was so seemingly reluctant to push the rate all the way to the floor?
The reason why the Fed was not willing to push the interest rates to zero or even below zero was that by doing so, the US dollar would have depreciated or lost value. In Europe this was done to encourage people to spend their money and not save as much, but in the US that is not really a problem. Generally in the US the problem is that people spend too much and save too little, but on some European countries and Japan, people tend to save too much. For example in Japan the national savings rate fluctuates between 22-40%, while the maximum savings rate in the US has been 10.4% in 1960, it currently is around 7.6%.
Answer:
<h2>The present value of PV in this case is $527.76 approximately.</h2>
Explanation:
The mathematical or accounting formula of Present Value(PV)= where FV denotes the future cash payment to be made,r represents the discount rate and n is the number of years in which the future payment has to made.Here,the future cash payment of FV is given as $1350,the discount rate is 11% or 0.11 and the number of years in which the FV has to be paid is 9 years.
Hence,PV in this case= approximately
Therefore,based on the information given the PV in this case is $527.76 approximately.
Answer:
a. 1nC
b. 0C
Explanation:
Net charge q stored on plate of capacitor is
q = CV
Where C = 2uF = 2 x 10^-6F
V= 50v
q = 20 x 10^-6 x 50 = 1000 x 10^-6 = 1000uF = 10^-9 = 1nC
b. the total net charge on another plate is equal in absolute value to the first one, but it is charged with opposite Pole so always is valid that total net charge on both plates are equal to zero.
That's the other charge on the plate is -1nc
1 nC + -1nC = 0C
That's the amount of charges owed to the credit card company.