The following data for economic growth and interest rate per year are given:

Q: What monthly rate of interest is equivalent to 3.6% p.a. compounding semi-annually?

A: = final amount = Principal = interest rate = number of times interest applied per time…

Q: For the given corporate bond, whose annual simple interest rate is provided, find the semiannual…

A:

Q: Another company's sales increase by the same percent each year. This growth is...

A: Given The sale of the company increases by the same % each year.

Q: The current value of a company is $24 million. If the value of the company six years ago was $9…

A: We have given that Ending value = 24 millionBegining value = 9 millionnumber of year(n) = 6

Q: The following information was taken from Slater Company's balance sheet: Fixed assets (net)…

A: Step 1: Let's calculate:(a) Ratio of fixed assets to long-term liabilities:Fixed assets to long-term…

Q: An account has an annual interest rate of 5.3%,5.3%, compounded monthly. What is the annual…

A:

Q: How much greatest is the interest rate of account m?

A: Compare the interest in two accounts.

Q: From the following data calculate the cost of living index number using the geometric Means.

A:

Q: The table below reports the annual stock price in September for Apple from 2005 to 2014. Develop a…

A: Index number are used to measure the increase in price over a period of time. It is broadly…

Q: In 1988 hospitals spent 3.9 billion on computer systems. In 2001 this amount increased to $14.0…

A: Value at start of period = 3.9 billion Value at end of period = 14 billion n = 2001-1988 =13

Q: 4. The sales, in millions of pesos, of a certain company are shown in the table below. Year 1 2 4 7…

A:

Q: 3. The following data describe the catch an average price for three Alaskan crab species from 1980…

A: Laspeyres Price Index: It a ratio that uses the weights taken from a base period which can be the…

Q: In the last three years, there have been changes of 55%, 3% and 2% in the production amount of a…

A: GM=0.55×0.03×0.0213=0.000330.333333=0.0691Given,there have been changes in the production amount of…

Q: If the price of gold decreases at a monthly rate of 2.2%, by what percentage does it decrease in a…

A: Given  monthly rate of decrease =2.2% Let initially the price be p0 and the price after 12 month is…

Q: A Paasche price index for each year

A: Reviewing information,

Q: What interest rate compounded daily is equivalent to an effective interest rate of 5.23%?

A: we have to find the interest rate compounding daily  this is the question of algebra application…

Q: Enrollment at my college is increasing at a rate of 42% per decade. What is the yearly percentage…

A: We know that 1 decade = 10 years.

Q: Given the statement: In 6 trading days, the stock price rose $29.59. How rapidly, on average, has…

A:

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products. 

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.