You've worked out a line of credit arrangement that allows you to borrow up to $40 million at any time. the interest rate is .56 percent per month. in addition, 4 percent of the amount that you borrow must be deposited in a noninterest-bearing account. assume that your bank uses compound interest on its line of credit loans. a. what is the effective annual interest rate on this lending arrangement? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places (e. g., 32. annual interest rate 7.23 % b. suppose you need $20 million today and you repay it in 6 months. how much interest will you pay?

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today

List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst