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1. Suppose that the banking system receives $10000 in new reserves. If the reserve ratio is .05, what will the change in deposits be as a result of these new reserves? Do not use a dollar sign in your answer

2. You are borrowing $21800 to buy a car. Term calls for monthly payments for five years at 8.25% interest what is the payment?

3. Which one of these is a specific risk?

A) A fire at the company's main factory.

B) Revision to the corporate tax laws.

C) Inflation increase of 2.3%.

D) Deterioration in the overall economic outlook.

4. Motor works is considering a project with estimate fixed cost of 87000 depreciation of 22900 variable cost per unit of 22.37 n estimated sales price per unit

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92881289

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