Erik deposited $300 in a savings account with simple interest. Two years later, he had earned $72 in interest. What was the interest rate?

Assume that you purchased a $1000 par value bond for $960. The bond pays 10% coupon annually. You sold the bond a year later for $1,040, right after you received the bond's annual interest payment. The bond was yielding 11.

Which of the following is not true? A. The money multiplier is the measure of the amount of money ultimately created per dollar deposited in the banking system, when people hold no currency It tells us how much money will ultimately be created by

After saving money in his piggy bank for three years, omar decided to deposit $2,500 of the money in the local bank.

When attempting a simple and basic approach to organizing your ideas, you might want to use a scratch, or ___, outline.

Internal control does not consist of policies and procedures that a. protect assets from misuse b. ensure employees and managers comply with laws and regulations c. ensure that business information is accurate d.

Mega skateboard supplier had net sales of $2.8 million, its cost of goods sold was $1.6 million, and its net income was $0.9 million. its gross margin ratio equals:

Multiple Choice Question 182 When the T-account approach is used, the first entry to the Cash T-account is O net income o the change in Cash from the beginning of the year to the end of the year. O net income plus gains and minus losses.

The most famous restrictive practices case of the last several decades involved a series of lawsuits by: a. some of microsofts competitors b. all of microsofts competitors c. U. S. consumers d. U. S. antitrust regulators

Suppose the spot exchange rate for the Hungarian forint is HUF 203.86. The inflation rate in the United States will be 1.2 percent per year. It will be 4.2 percent in Hungary. a. What do you predict the exchange rate will be in one year? b.

Identify how each of the scenarios affects the short‑run aggregate supply curve. a. The U. S. government increases the minimum wage. b. Widespread adoption of the Internet by businesses increases productivity and efficiency. c.