and INR1000. Rupee coins are available in denominations of INR1‚ INR2‚ INR5‚ INR10‚ INR20‚ INR50‚ INR60‚ INR75‚ INR100‚ INR150‚ INR500 and INR1000; the coins for INR20 and above are for commemorative purposes only; the only other rupee coin has a nominal value of 50 paise‚ since lower denominations have been officially withdrawn. The Indian rupee symbol ’INR’ (officially adopted in 2010) is derived from the Devanagari consonant "र" (ra) and the Latin letter "R". The first series of coins with the
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retailer advertised an end of summer sale that read “buy one and get the second item of the same or lower value for half the price”. You decide to take advantage of this sale and buy two pairs of shoes that have price tags of $75 and$90. How much money would you need to pay for these two items? 127.5 2. You own 1000 shares in The Warehouse Group Ltd and receive an interim dividend payment of $155. How much dividend in cents are you receiving per share? $0.155 3. A manufacturer
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terms of figures) in the variables therefore‚ the table below shows how the above variables have changed over time. Year Real GDP growth rate (annual %) GDP per capita growth (annual %) Inflation rate (annual %) Lending interest rate/nominal interest rate (%) 1990 12.8 9.9 7.4 25.3 1991 -0.6 -3.1 13.0 20.0 1992 0.4 -2.1 44.6 24.8 1993 2.1 -0.4 57.2 31.7 1994 0.9 -1.6 57.0 20.5 1995 -0.3 -2.8 72.8 20.2 1996 5.0 2.4 29.3 19.8 1997 2.8 0.3 8.5 17.8
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interest rate is the rate at which interest is paid by borrowers to use the money they borrow from a lender. The annualized cost of credit or debt calculated as the percentage ratio of interest to the client. Each bank can determine its own interest rate on loans‚ but in practice local rates are about the same from bank to bank. In general‚ interest rates rise in periods of inflation‚ higher demand for credit‚ narrow money‚ or because of higher reserve requirements for banks. An increase in interest
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Definition of Expenditure: Refers to the amounts paid or payable. Normally incurred while running the club. Necessary to generate income. Either used up immediately or have no lasting value. Loss to club. Decrease surplus. Debited to Nominal accounts section in General Ledger. E.g. Rent expense‚ stationary‚ electricity‚ wages‚ etc. Answer: -uniforms to sell -refreshments to sell -electricity -water -rent expense -salaries/wages -stationary Question Three: Answer:
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Case 1: Marty and Laura Hall Financial Analysis Dan Roth Consultants: Your name here. Introduction The Hall’s‚ a somewhat newly married couple‚ have been throwing caution to the wind financially speaking. Instead of investing their money and saving for the future they have been living more of champagne life on a beer budget. Now they are expecting their first child and realize they must “wake up and smell the coffee!” in order to have a financially stable future and reach future goals
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Fiscal Policy ECO/372 Fiscal Policy In the current economic recession‚ the United States’ fiscal policy has placed unrest and instability among the population. The positive and negative outcomes of the fiscal policy‚ with regard to the country’s deficit‚ surplus‚ and debt‚ have different effects on how many different people and organizations view the current economy‚ make decisions‚ and react to changes. The Unites States’ deficit‚ surplus‚ and debt affect not just the American
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ELEMENTARY MATHEMATICS (NUMERICAL ABILITY) SERIES AND SEQUENCES 1. Find the 10th term of the A.P: 2‚ 7‚ 12‚…. A. 52 B. 68 C. 47 D. None of these Ans: C 2. What will be the sum of the first 56 terms of an A.P whose 19th and 38th terms are 52 and 147 respectively? A. 5‚572 B. 5‚527 C. 5‚275 D. 5‚725 Ans: A 3. Find the sum of the series given by S=7+11+15+19+….50 terms. A. 5‚350 B. 5‚520 C. 5‚250 D. 5‚520 Ans: C 4. The difference of the squares of two consecutive odd
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determinant of the interest rate comes at the cost of distorting some other aspect of its determination. This paper argues that the basic market analysis of debt securities (e.g.‚ bonds and commercial paper) left out of most macroeconomic as well as money and banking textbooks provides a straightforward and practical perspective on interest rate determination that can help students navigate the established interest rate theories. Introduction Loanable funds theory‚ liquidity preference theory‚ the
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jerseys and socks. The club also gets money if they win a tournament. What are the club’s main items of expenditure? As the club enters tournaments it has to pay Affiliation fees. The club has to pay these fees to compete against other teams in the area. This fee is paid to the organising body. The club also has to pay Honorarium. This is paid to people who have delivered a service to the club. E.g. secretary or treasurer. The club also spends money on refreshments. Soccer balls. Water
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