Legislation has just been proposed to permit each President to replace the Federal Reserve Board, and also to have the Board report directly to (and be accountable to) the President. As a leading economist, you’ve been asked for insight into the likely impacts of such a change.
How does this proposal compare to other major Central Banks that we’ve studied, and their organization?
What risks and what benefits might be expected from such a change?

Answers

Answer 1

While the proposal introduces potential benefits in terms of political alignment, it also carries significant risks to the effectiveness and credibility of monetary policy.

Striking the right balance between accountability and independence is crucial for maintaining stable and effective monetary policy frameworks.The proposed legislation to allow the President to replace the Federal Reserve Board and have direct accountability is a significant departure from the organizational structure of other major central banks.

In most central banks, including the Federal Reserve System in the United States, there is a degree of independence from political influence to ensure monetary policy decisions are based on economic considerations rather than short-term political interests.

Shifting the power to appoint and control the central bank to the President introduces several risks. First, it may compromise the central bank's independence, leading to potential political interference in monetary policy decisions. This could result in suboptimal policy outcomes, such as higher inflation or volatile exchange rates. Second, it may undermine the credibility of the central bank, as markets and investors rely on its independence and objectivity.

However, there may be perceived benefits to this change as well. Supporters argue that direct accountability to the President would enhance democratic control and alignment of monetary policy with the administration's goals. It could also lead to more coordination between fiscal and monetary policies, facilitating targeted economic interventions.

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Related Questions

The Porter family used an online family budget estimator to compare the costs of living in Baltimore and San Francisco for a family with two parents and two children. Where is the cost of living higher?
Baltimore
San Francisco
The cost of living is the same for both cities.
There is not enough information to determine which city has a higher cost of living.

Answers

Option (b), The Porter family compared the cost of living in Baltimore and San Francisco for a family of two adults and two kids using an online family budget estimator. In San Francisco, living expenses are higher.

What are the seven necessities for a family budget?

Make a list of your household's monthly expenses, including your needs and wants while keeping in mind that every family has unique requirements and preferences. You're likely to include your requests like housing costs, child care costs, food costs, health insurance, travel costs or car payments, utilities, and phone/internet bills.

In other words, because the cost of living index for the majority of requirements is higher in California than it is in Baltimore, it will be more expensive to live there than it will in Baltimore. An apartment in Baltimore, for example, is more expensive to rent than one in California. California's income distribution, restaurant costs, the purchasing power parity rate, and other factors should also be considered. To augment their prior monthly budget and maintain their lifestyle in California, the family may need an extra $1000 each month.

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since the intracompany demand is known to be 205 hours, the contribution from these sales is assured to cover a portion of fixed costs. thus to determine

Answers

The intracompany demand of 205 hours will contribute a portion of the fixed costs. The specific amount can be determined by calculating the contribution margin and dividing it by the total fixed costs.

The intracompany demand refers to the demand for a product within a company. In this case, it is known to be 205 hours. The contribution from these sales refers to the amount of money generated by these sales that will help cover a portion of the fixed costs.
To determine the specific amount of contribution from these sales, you need to consider the contribution margin. The contribution margin is calculated by subtracting the variable costs from the sales revenue. The contribution margin represents the amount of money available to cover the fixed costs.

Let's say the sales revenue for the intracompany demand is $1000 and the variable costs are $500. The contribution margin would be $1000 - $500 = $500.

To determine the portion of fixed costs that can be covered by the contribution from these sales, you need to divide the contribution margin by the total fixed costs. Let's say the total fixed costs are $2000.

The portion of fixed costs covered by the contribution from these sales would be $500 / $2000 = 0.25 or 25%. This means that the contribution from these sales would cover 25% of the fixed costs. It's important to note that this calculation assumes that the contribution margin remains constant and that there are no other factors affecting the fixed costs or sales revenue.

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What is your opinion on the saying "If it doesn't challenge you, it doesn't change you"?

Answers

Answer:

I believe this saying refers to how we need challenges in our lives so that we can experience failure and learn from it.

What effects did zaha have on guggenheim new york?

Answers

The effects that Zaha had on Guggenheim New York is that her current retrospective at the Solomon R. Guggenheim Museum in New York gives ample evidence of her genius. She has been busy and produced a staggeringly impressive body of work that is without equal for its inventiveness. This saved urban space and merges the elements of its surroundings. It also projects a brand new artificial landscape outweighted by funnel-shaped cones. The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue on the corner of East 89th Street on the Upper East Side of Manhattan in New York City.

Who is Zaha Hadid?

Dame Zaha Mohammad Hadid DBE RA was a British-Iraqi architect, artist and designer, recognised as a major figure in architecture of the late 20th and early 21st centuries.

Therefore, the correct answer is as given above

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Describe ways in which a verbal/linguistic learner prefers to learn.

Answers

A student with a developed verbal ability has a high perception and interpretation capacity. Therefore, he makes a habit of reading newspapers and magazines. Strengthens their evaluation and interpretation skills. Pays more attention to detail than a numerologist. It includes artistic concepts such as appearance and aesthetics. he is also more apt to be a writer.It mostly uses the right lobe of the brain.

Answer:

People with verbal-linguistic learning styles learn best when taught using spoken or written materials. They prefer activities that are based on language reasoning rather than abstract visual information. ... They usually enjoy written projects, speech and drama classes, debate, language classes, and journalism.

Explanation:

-Hope this helps!

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8. Pilihan ganda15 menit1 ptQ. What is a benefit of having a good credit score?Pilihan jawabanLoan sharks will be less likely to bother you.You'll get accepted to better education institutions.You'll get more job offers.When you need a loan, you'll have more loan offers to pick from.

Answers

Option 4. When you need a loan, you'll have more loan offers to pick from. Having a good credit score is important for many financial decisions, including obtaining a loan.

A credit score is a numerical representation of your creditworthiness, based on your credit history and other financial behaviors. When you have a good credit score, it means that lenders perceive you as a low-risk borrower, and are more likely to approve your loan application and offer you better terms and lower interest rates. This can give you more options when you're looking for a loan, so you can find the best offer that fits your needs. In contrast, if you have a low credit score, lenders may be less likely to approve your loan, or they may offer you loans with higher interest rates or unfavorable terms. So having a good credit score can help you secure more favorable loan options and save you money over time.

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Pilihanganda15 menit1 ptQ. What is a benefit of having a good credit score?

1. Pilihanjawaban Loan sharks will be less likely to bother you.

2. You'll get accepted to better education institutions.

3. You'll get more job offers.

4. When you need a loan, you'll have more loan offers to pick from.

To re-enter the u. S. , your dissa re-entry signature must have been issued within how many months within the re-entry?.

Answers

To re-enter the US, your Unites States Visa re-entry signature must have been issued within 12 months

The United States Visa provides legal entry into the country and laws and regulations around immigration govern how long a person can remain in the country legally.

The rules can be different depending on your nationality, legal status in the US, immigration process status, etc.

However, for someone who is studying in the United States on a Student Visa, The I-20/DS-2109 re-entry signature must be issued within 12 months.

If for any reason, they enter the United States after these 12 months have passed, they would need a new travel signature for valid entry.

Most students will need to submit a new application for an I-20 request form for a new travel signature.

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To satisfy demands for withdrawals, banks keep:
A. discount rates.
B. monetary policies.
C. balance sheets.
D. fractional reserves.​

Answers

C. balance sheets

explanation:

what are the main duties and responsibilities of a Hotel manager​

Answers

Answer:

Here are some:

recruiting, training and supervising staff.

managing budgets.

maintaining statistical and financial records.

planning maintenance work, events and room bookings.

handling customer complaints and queries.

promoting and marketing the business.

Hope it helps you pls mark me brain list.

Answer:

The main duties and responsibilities of the hotel manager are as below:

Explanation:

1) Recruiting, training, and supervising staff.

2) Managing budgets.

3) Maintaining statistical and financial records.

4) Planning maintenance work, events, and room bookings.

5)Handling customer complaints and queries.

6) Promoting and marketing the business.

What are sets in set A and not in set B and C called?​

Answers

Explanation:

Set Difference: The relative complement or set difference of sets A and B, denoted A – B, is the set of all elements in A that are not in B. ... Then the set difference of A and B would be the $407 remaining in the checking account. Example: Let A = {a, b, c, d} and B = {b, d, e}. Then A – B = {a, c} and B – A = {e}.

Common Symbols Used in Set Theory

Symbols save time and space when writing. Here are the most common set symbols. In the examples C = {1, 2, 3, 4} and D = {3, 4, 5} Symbol. Meaning.

With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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which of the following is true of the role of distribution channels in a firm’s marketing strategy?

Answers

Distribution channels are a critical element of a firm's marketing strategy as they help to ensure the right products reach the right customers at the right time.

The role of distribution channels in a firm's marketing strategy is crucial as it involves delivering products and services to customers at the right time and place. A well-designed distribution channel ensures that products are available to customers when and where they need them. This helps to increase customer satisfaction, which in turn leads to increased sales and revenue for the firm. Effective distribution channels also help to reduce costs, increase efficiency, and improve inventory management. Moreover, distribution channels play a vital role in marketing, as they enable firms to reach their target audience and create awareness about their products. By leveraging different distribution channels such as wholesalers, retailers, and online marketplaces, firms can expand their customer base and reach new markets. In summary, distribution channels are a critical element of a firm's marketing strategy as they help to ensure the right products reach the right customers at the right time.

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How to calculate momentum?​

Answers

Answer:

p=mv

Explanation:

the formula for momentum is

p=mv

Answer:

By multiplying mass and velocity

Explanation:

on june 13, the board of directors of siewert incorporated declared a 2-for-1 stock split on its 50 million, $10.00 par, common shares, to be distributed on july 1. the market price of siewert common stock was $26 on june 13. prepare a journal entry that summarizes the declaration and distribution of the stock split if it is to be effected in the form of a 100% stock dividend. what is the par per share after the split

Answers

After the 2-for-1 stock split, the par value per share of Siewert Incorporated's common stock is $5.00.

To prepare a journal entry for the declaration and distribution of the stock split as a 100% stock dividend, follow these steps:

1. Determine the number of new shares issued: 50 million original shares * 2 (2-for-1 stock split) = 100 million shares.
2. Calculate the new par value per share: $10.00 original par value / 2 = $5.00.
3. Compute the total value of the stock dividend: 50 million new shares * $5.00 par value = $250 million.
4. Record the journal entry:
  - Debit "Retained Earnings" for $250 million.
  - Credit "Common Stock" for $250 million.

This journal entry summarizes the declaration and distribution of the stock split, and shows that the par value per share has been reduced to $5.00 after the split.

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Any fraud on the part of a party to a contract provides a basis for _____. Question 51 options: judicial enforcement of an implied-in-fact contract contract reformation judicial recognition of an equitable remedy for the defendant contract rescission judicial recognition of an implied-in-law contract

Answers

Any fraud on the part of a party to a contract provides a basis for contract rescission. In cases of fraud, the affected party has the option to rescind the contract, which effectively cancels the agreement and aims to restore the parties to their pre-contract positions. This is considered an equitable remedy, designed to address unfairness and prevent unjust enrichment. Contract reformation may also be sought in some cases, but rescission is the primary remedy for fraudulent behavior.

Any fraud on the part of a party to a contract provides a basis for contract rescission, judicial enforcement of an implied-in-fact contract, or contract reformation. If fraud is proven, the court may set aside the contract entirely and rescind it. Alternatively, the court may choose to enforce an implied-in-fact contract that was created based on the actions and behavior of the parties involved. Contract reformation may also be granted if the court determines that the fraud was not intended to misrepresent the terms of the contract but rather a mistake was made. Finally, judicial recognition of an implied-in-law contract may be a remedy in situations where no written contract exists but an obligation is implied by law.
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Wolfpack Construction has the following account balances at the end of the year.
Accounts Balances Equipment $26,000
Accounts payable 3,000
Salaries expense 33,000
Common stock 11,000
Land 18,000
Notes payable 20,000
Service revenue 39,000
Cash 6,000
Retained earnings ?

Answers

A financial institution's account balance is the sum of money it has on hand during the current accounting period.

$16,000 in retained earnings

$50k total assets

$50,000 in liabilities and equity overall.

How to find the calculation?

When the balance from the prior month is added, it represents the net difference between the credits and debits that were recorded during any particular accounting cycle.

Making the necessary accounts in order to create a balance sheet

ANALYSIS SHEET

ASSETS

Cash 3,000

Land 18,000

Resources 26,000

Assets totaling $50,000

LIABILITIES

3,000 in Accounts Payable

20,000 in notes payable

23,000 in total liabilities

EQUITY FOR STOCKHOLDERS

11,000 Common Stock

16,000 in retained earnings

[(3,000+18,000+26,000)-(3,000+20,000+11,000]

27,000 total equity

$50,000 in liabilities and equity overall.

Consequently, the balance sheet contains:

$50k total assets

$50,000 in liabilities and equity overall.

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Leroy's personal information is shown below:
13 years
3 years
Age
61
Tune at address
Age of auto
Car payınent $203
Housing costs Owns Clear
Checking and Both
savings accounts
Finance corapany No
reference
Major credit cards 5
Rano of debt to 294
coine
Declared
Never
banlouptey
According to the following table, what is his credit score?

Answers

Answer:

618

Explanation:

just answered it

Man is termed an 'economic animal' because he a) has the ability to understand economic activities b) lives a life which is governed by economic forces c) studies economies in order to live a productive life d) uses his ability to satisfy his wants from the gifts of nature

Answers

Answer:

The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.

Explanation:

that should help

Brokeback Towing Company is at the end of its accounting year, December 31, 2021. The following data that must be considered were developed from the company's records and related documents: a. On July 1, 2021, a two-year insurance premium on equipment in the amount of $600 was paid and debited in full to Prepaid Insurance on that date. Coverage began on July 1. b. At the end of 2021, the unadjusted balance in the Supplies account was $1,000. A physi- cal count of supplies on December 31, 2021, indicated supplies costing $300 were still on hand. C. On December 31, 2021, YY's Garage completed repairs on one of Brokeback's trucks at a cost of $800. The amount is not yet recorded. It will be paid during January 2022. d. On December 31, 2021, the company completed a contract for an out-of-state company for $7,950 payable by the customer within 30 days. No cash has been collected and no journal entry has been made for this transaction. e. On July 1, 2021, the company purchased a new hauling van. Depreciation for July-December 2021, estimated to total $2,750, has not been recorded. f. As of December 31, the company owes interest of $500 on a bank loan taken out on October 1, 2021. The interest will be paid when the loan is repaid on September 30, 2022. No interest has been recorded yet. g. Assume the income after the preceding adjustments but before income taxes was $30,000. The company's federal income tax rate is 30%. Compute and record income tax expense. nts, Financial Statements, and Financial Results Required: 1. 2. Give the adjusting journal entry required for each item at December 31, 2021. If adjustments were not made each period, the financial results could be materially misstated. Determine the amount by which Brokeback's net income would have been understated. or overstated, had the adjustments in requirement 1 not been made.

Answers

- Net income would be understated by $700 for supplies and $7,950 for unrecorded revenue.- The interest expense of $500 would not impact net income until paid in September 2022.

To determine the adjusting journal entries and the impact on net income if the adjustments were not made, we'll go through each item:

a. journal entry for prepaid insurance:December 31, 2021:

Debit: Insurance Expense $300Credit: Prepaid Insurance $300

If this adjustment was not made, net income would be overstated by $300 because the expense was not recognized.

b. Adjusting journal entry for supplies:

December 31, 2021:Debit: Supplies Expense $700

Credit: Supplies $700

If this adjustment was not made, net income would be understated by $700 because the expense of $700 for supplies used was not recognized.

c. No adjusting journal entry is required at this time since the repair cost of $800 will be paid in January 2022.

d. Adjusting journal entry for unrecorded revenue:December 31, 2021:

Debit: Accounts Receivable $7,950Credit: Service Revenue $7,950

If this adjustment was not made, net income would be understated by $7,950 because the revenue earned was not recorded.

e. Adjusting journal entry for depreciation:December 31, 2021:

Debit: Depreciation Expense $2,750Credit: Accumulated Depreciation $2,750

If this adjustment was not made, net income would be overstated by $2,750 because the expense for the depreciation of the hauling van was not recognized.

f. No adjusting journal entry is required at this time since the interest expense of $500 will be paid when the loan is repaid in September 2022.

g. Adjusting journal entry for income tax expense:

December 31, 2021:Debit: INCOME Tax Expense $9,000 ($30,000 * 30%)

Credit: Income Taxes Payable $9,000

If this adjustment was not made, net income would be overstated by $9,000 because the income tax expense was not recognized.

In summary, if the adjustments were not made:- Net income would be overstated by $300 for prepaid insurance, $2,750 for depreciation, and $9,000 for income tax expense.

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An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)

-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors

Answers

The answer is a b and d

Answer:

the answer is planning, ensuring, and acting

Your email campaign has an open-rate of 9.6%, you emailed 25,000 people. How many people opened your email?

Answers

Answer:

2,400 people

Explanation:

if open rate is 9.6%

people emailed were 25,000

the people who opened will be 9.6% of 25,000

=9.6/100 x 25,000

=0.096 x 25,000

=2,400

Which phrase best describes the purpose of a slide master? Check all that apply.
A. to determine the layout for each individual slide in a presentation
B. to allow users to give each slide in a presentation a unique look and feel
C. to establish the layout of all slides, or a group of slides, in a presentation
D. to determine the theme of all slides, or a group of slides, in a presentation
E. to set the thematic characteristics of each individual slide in a presentation
F. to allow users to apply changes in layout or theme to an entire presentation

Answers

Answer: to establish the layout of all slides, or a group of slides, in a presentation.

to determine the theme of all slides, or a group of slides, in a presentation.

to allow users to apply changes in layout or theme to an entire presentation.

Explanation:

It should be noted that the Slide Master refers to the top slide which controls the information regarding the background, fonts, theme, layout, and color of all the slides in Microsoft PowerPoint.

The phrase best describes the purpose of a slide master include:

• to establish the layout of all slides, or a group of slides, in a presentation.

• to determine the theme of all slides, or a group of slides, in a presentation.

• to allow users to apply changes in layout or theme to an entire presentation.

Therefore, the correct options are C, D and F.

Answer:

C

D

F

Explanation:

edge

How much does one need to have to open a bank​

Answers

Do you mean a bank account or a literal bank?

What is the difference between reliability for quantitative research and reliability for qualitative research?

Answers

Explanation:

Reliability in qualitative research refers to the stability of responses to multiple coders of data sets. It can be enhanced by detailed field notes by using recording devices and by transcribing the digital files. However, validity in qualitative research might have different terms than in quantitative research.

Think about your shopping habits .Make a list of all businesses to which you are a loyal customer .Now jot down some reasons that you remain loyal to that business .
Pls helpp.

Answers

Answer:

I need MILk... Answer 333

Explanation:

yuhhhhhhh yu alr know the vibesss
im now a expert yhhhhhhhhhhhhhhhhhhhhh

Answers

Answer:

............................................ NICE

Answer:

Eyyy how I wish I can Be the expert tho :<

The following table lists descriptions of the major financial statements and reports that a firm publishes. Identify the correct statement or report for each description. Description Statement or Report Annual report Statement of retained earnings Balance sheet Statement of cash flows Annual report Income statement Is required by the SEC and includes the audited document that shows the company's financial results for the past year and management's discussion about the future outlook and plans Gives details about the company's cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year Reconciles (1) the amount of retained earnings recorded at the beginning of the reporting period, (2) changes during that period, and (3) the amount of retained earnings at the end of the reporting period Is divided into two important parts: operating and nonoperating sections; also known as the profit and loss statement Has three segments that when analyzed together give an idea of what the company owns and what it owes Accountants focus on creating financial statements, whereas finance professionals mostly use these statements to evaluate a firm and answer questions about its performance. Indicate which financial statement would be the most helpful in answering the questions in the following table: Balance Sheet Statement of Cash Flows How much cash is a firm generating through operating, investing, and financing activities? How much debt and equity has the firm issued to finance its assets?

Answers

Description: Statements required by the SEC and includes the audited document that shows the company's financial results for the past year and management's discussion about the future outlook and plans.

Statement or Report: Annual report Description: Gives details about the company's cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year. Statement or Report: Statement of cash flows Description: Reconciles (1) the amount of retained earnings recorded at the beginning of the reporting period, (2) changes during that period, and (3) the amount of retained earnings at the end of the reporting period. Statement or Report: Statement of retained earnings Description: Is divided into two important parts: operating and nonoperating sections; also known as the profit and loss statement. Statement or Report: Income statement Description: Has three segments that when analyzed together give an idea of what the company owns and what it owes. Statement or Report: Balance sheet In answering the questions in the following table, the financial statement that would be most helpful is: How much cash is a firm generating through operating, investing, and financing activities Statement or Report: Statement of Cash Flows How much debt and equity has the firm issued to finance its assets Statement or Report: Balance Sheet

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Derek borrows $302,990.00 to buy a house. He has a 30-year mortgage with a rate of 5.61%. After making 131.00 payments, how much does he owe on the mortgage?
Derek borrows $41,541.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.47%. After a 10.00 months Derek decides to pay off his car loan. How much must he give the bank?

Answers

For the first question:
The formula to calculate the remaining balance on a mortgage after a certain number of payments is:

Remaining balance = P * [(1 + r)^n - (1 + r)^p]/[(1 + r)^n - 1]

Where:
P = the principal or amount borrowed (in this case, $302,990.00)
r = the monthly interest rate (5.61% / 12 = 0.004675)
n = the total number of payments (30 years * 12 months = 360)
p = the number of payments already made (131)

Plugging in the values, we get:

Remaining balance = 302990 * [(1 + 0.004675)^360 - (1 + 0.004675)^131]/[(1 + 0.004675)^360 - 1]
= $235,954.14

Therefore, Derek owes $235,954.14 on his mortgage after making 131 payments.

For the second question:
To calculate the payoff amount for Derek's car loan, we need to first calculate his monthly payment using the loan amount, interest rate, and loan term:

Monthly payment = [P * (r/12)] / [1 - (1 + r/12)^(-n*12)]

Where:
P = the principal or amount borrowed (in this case, $41,541.00)
r = the monthly interest rate (5.47% / 12 = 0.0045583)
n = the loan term in years (6)

Plugging in the values, we get:

Monthly payment = [41541 * (0.0045583)] / [1 - (1 + 0.0045583)^(-6*12)]
= $659.08

Now, to calculate the payoff amount after 10 months, we need to calculate the remaining principal balance on the loan using the amortization formula:

Remaining principal balance = P * [(1 + r)^n - (1 + r)^p]/[(1 + r)^n - 1]

Where:
P = the principal or amount borrowed (in this case, $41,541.00)
r = the monthly interest rate (5.47% / 12 = 0.0045583)
n = the total number of payments (6 years * 12 months = 72)
p = the number of payments already made (10)

Plugging in the values, we get:

Remaining principal balance = 41541 * [(1 + 0.0045583)^72 - (1 + 0.0045583)^10]/[(1 + 0.0045583)^72 - 1]
= $36,868.08

Therefore, Derek must give the bank $36,868.08 to pay off his car loan after 10 months.

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Kent works in the public relations department of his company. He sends a news release about a new product offering to several newspapers and television stations. Kent knows from past experience that even when the media use his news releases, they often release the information at inopportune times. They will also sometimes cut out what Kevin believes are the most important points to make the news fit. However, Kent accepts these disadvantages because free publicity offers the advantage of

Answers

Answer:

The answer is "credibility".

Explanation:

In this scenario, free advertising offers a reputation benefit. When this journal advertises openly, it's also considered reliable by the targeted customers like, it is in news form while charging something. Therefore, Kent finds that improper transmission of time information to be a drawback since it recognizes that its product and company would still be credible.

People are known to have different qualities. Kent accepts these disadvantages because free publicity offers the advantage of Credibility.

Credibility is known to be a characteristic of an individual who is said to be noted by others to be a trusted advisor, believable, and confident as they tend  to show a high level of expertise in a specific field.

A lot of traits are said to be of influential behaviors are known to be linked with with high credibility. Kent acceptance shows that free publicity gives some measure  of Credibility.

Learn more about Credibility from

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This questions probably on here already but whatever...

Match the type of account to the correct description.

This questions probably on here already but whatever...Match the type of account to the correct description.

Answers

Answer:

1. Basic bank savings account.

2. Club account.

3. Checking account.

4. 529 plan.

5. CD

Explanation:

Savings can be defined as the amount of money left after removing expenses and other costs.

Investments are costs associated with purchasing of capital assets and investments of cash resources in other businesses.

1. Basic bank savings account: it's a deposit account that offers an account holder a low interest rate, checkbooks aren't issued, and the holder is posed with few restrictions on access to his or her money.

2. Club account: it's an account used to save money for a specific purpose or special reason such as vacation, tourism, college, etc.

3. Checking account: it's a type of deposit account that is designed to make it convenient for the holder to pay bills easily.

4. 529 plan: a 529 plan is a tax-free savings account which avails an individual or account holder (sponsor) to make payment in advance with respect to educational expenses that would be incurred by a student (beneficiary) in the future. This plan is mainly sponsored by state agencies or the state itself and it is authorized by Section 529 of the Internal Revenue Code and mainly sponsored by the states to encourage savings for future educational costs.

5. Certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

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