You are expecting a tax refund of $1,000 in 10 weeks. a tax preparer offers you an "interest-free" loan of $1,000 for a fee of $50 to be repaid by your refund check when it arrives in 10 weeks. thinking of the fee as interest, what simple interest rate would you be paying on this loan? (round your answer to three decimal places.)

The questions of economics address which of the following ? check all that apply

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)