Answer:
84%
Explanation:
APR is the annual rate of interest that is paid on an investment, without taking into account the compounding of interest within that year. APR is calculated by multiplying the periodic interest rate by the number of periods in a year in which the periodic rate is applied.
Divide the finance charge by the loan amount. In this case, $3,400 divided by $24,500 equals 0.138
Multiply the result by 365 to get 50.4
Divide the result by the term of the loan. In this case, 50.4 divided by 60 is 0.84
Multiply the result by 100 to turn the answer into a percentage 84%
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The real rate of return is 0.10%
Explanation:
For computing the real rate of return, we need to apply the formula which is shown below:
( 1 + nominal rate) = ( 1 + real rate) × (1 + inflation rate)
So,
The real rate = {(1 + nominal rate) ÷ (1 + inflation rate)} - 1
= ((1 + 3.10%) ÷ (1 + 2%)} - 1
= (1.031 ÷ 1.02) - 1
= 1.0107 - 1
= 0.10
The Government T-bills is only the nominal rate so we considered this only
A budget , many people do it
Double jeopardy is a legal defense which, after a clear acquittal or conviction, does not preclude an accused person from being charged on the same charge again.
Explanation:
The Fifth Amendment to the Constitution states that "no one is twice liable to be targeted at the same offense." The Double-jeopardy Clause bars any second prosecution or conviction and forbids multiple penalties of the same offense.
Double jeopardy does not shield suspects from being charged for multiple offenses, while separate charges are prohibited for the same crime.
For example, An convicted person could again be charged on the "less included crime" of involuntary killing.