Cloud SQL is the data storage service might we select if we just needed to migrate a standard relational database running on a single machine in a data center to the cloud.
Cloud SQL refers to the entirely managed database service that aids us to set up, maintain, manage and administer the relational databases on the Cloud Platform. The cloud SQL instance is powered by a virtual machine (VM) running on a host Cloud server.
Cloud SQL efficiently provides the flexibility to establish database infrastructure. There are many advantages of Cloud SQL. These include less maintenance cost, ensuring business continuity, ensuring security and compliance, providing automated tasks, and ensuring an easy setup and an easy integration.
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uppose the Fed wants to implement an anti-recession monetary policy. For each of the tools listed below, indicate the direction the Fed's action should take. The Fed should conduct an open market V of Treasury bonds. The Fed should the reserve requirement. The Fed should V the interest rate paid on reserves deposited at the Fed. The Fed should lending from its discount window. Click to select your answer's)
The "V" symbol in the options indicates that the action should vary based on the specific tool.
To implement an anti-recession monetary policy, the Federal Reserve (Fed) can use various tools. Let's indicate the direction the Fed's action should take for each of the tools mentioned:
The Fed ought to hold a Treasury bond open market V.
Action: Purchase
By conducting an open market purchase of Treasury bonds, the Fed increases the money supply in the economy, which can stimulate economic activity and promote lending and spending.
The reserve requirement should be set by the Fed.
Action: Decrease
By decreasing the reserve requirement, the Fed allows banks to hold a smaller portion of their deposits as reserves. This increases the amount of money banks can lend, stimulating lending and economic growth.
Action: Decrease
By decreasing the interest rate paid on reserves, the Fed incentivizes banks to lend their excess reserves rather than keeping them idle. This promotes lending and stimulates economic activity.
The Federal Reserve should lend through its discount window.
Action: Increase
By increasing lending from its discount window, the Fed provides additional liquidity to banks, allowing them to meet their short-term funding needs. This increases the availability of credit and supports economic activity.
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Is Lindahl equilibrium required to suggest that the good is
generated efficiently?
Yes, Lindahl equilibrium is required to suggest that the good is generated efficiently.
This is because Lindahl equilibrium refers to a situation where the costs of providing a public good are shared among individuals according to their willingness to pay. When a Lindahl equilibrium is reached, the good is produced at the level where the marginal cost equals the sum of individuals' marginal willingness to pay.
This means that the good is produced at the socially optimal level, and resources are allocated efficiently.
If a different level of production is chosen, it would either be wasteful or leave some individuals without access to the good. Therefore, Lindahl equilibrium is a crucial concept for understanding the efficiency of public good provision.
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Exercises 2: (rewrite exercise s of lab s using inheritance) A company is developing a payroll system for employees. You are part of the software development team responsible for the set of classes to represent expenses. Note: use inheritance in this exercise Specifications: • Employes can be either hourly based employee, salary based employees, commission-based employees or salary and commission based employees • Each employee has a first name, last name, address, and an ID • Hourly based employees are paid a rate per hour for the first 40 working hours per week, and 1.5 time the rate for any hour after that • Salary based employees have a predetermined weekly salary regardless of the number of hours worked • Commission based employees are paid a particular percentage of the total sale amount All employees have a method to calculate and print the total payment per week Write the implementation of the above classes. Make sure to include the constructors, the setters and getters where appropriate and the method for calculating the amount of weekly payment. Implement a PayrollSystem class such that: • The class uses a single list separate list to store all employee. • Implement a proper constructor for the class. • Implement the method print_payapal that prints the amount to be paid for each employee. • Implement a set of methods for adding employees to the PayrollSystem (example add_hourly_emp, add_commession_emp, and so on). • Create a driver (test) program for the PayrollSystem
I will create a base class called "Employee" with common attributes and methods, and then create derived classes for each type of employee. The Payroll System class will use a list to store employees, and it will have methods for adding employees and printing the payment amount for each employee.
I will design the solution using inheritance, creating a base class "Employee" with shared attributes like first name, last name, address, and ID. Each specific type of employee (hourly, salary-based, commission-based, or salary and commission-based) will be a derived class of "Employee" with its own implementation of the method to calculate the weekly payment. The PayrollSystem class will have a list to store employees, and it will provide methods to add employees of each type and a method to print the payment amount for each employee. This design promotes code reusability, as common attributes and behaviors are encapsulated in the base class, and specific behaviors are implemented in the derived classes.
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.All of the following actions, if performed by a registered agent, would be considered a prohibited activity under the Uniform Securities Act EXCEPT
A) the agent backdates customer confirmations in order to enable the client to achieve a long-term holding period, thereby saving considerable income taxes
B) the agent saves the client money by deliberately withholding the client's buy order for a stock when the agent sees the stock price is trending down. When the order is finally placed later in the day, the execution price is $1 less than when the agent received the order.
C) accepting an order from a client wishing to purchase a nonexempt security that is not properly registered in the state
D) the client informs the agent that the appropriate written discretionary authorization forms are being hand-couriered to the agent and should arrive within the hour. Knowing the required paperwork is on its way, the agent begins discretionary trading in the account.
All of the following actions, if performed by a registered agent, would be considered a prohibited activity under the Uniform Securities Act EXCEPT accepting an order from a client wishing to purchase a nonexempt security that is not properly registered in the state.
The main answer is that accepting an order from a client wishing to purchase a nonexempt security that is not properly registered in the state is the only action that would not be considered a prohibited activity under the Uniform Securities Act.
In the given options, option A involves backdating customer confirmations to manipulate holding periods and save on taxes, which is an unethical and prohibited activity. Option B describes a situation where the agent intentionally withholds the client's buy order to take advantage of a declining stock price, which is also a prohibited practice. Option D involves the agent engaging in discretionary trading without the necessary written authorization, which is another violation of regulations.
However, option C, accepting an order from a client wishing to purchase a nonexempt security that is not properly registered in the state, is not listed as a prohibited activity under the Uniform Securities Act. This means that, while it may not be ideal or advisable, it is not explicitly forbidden by the Act.
In summary, all of the actions described in options A, B, and D are considered prohibited activities under the Uniform Securities Act. Option C, on the other hand, is not explicitly mentioned as a prohibited activity, making it the exception in this case.
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Question 8 of 20 Which of the following reasons for writing a formal business document would lead you to write a proposal?
A. To tell your manager a project is on budget and on schedule
B. To summarize what happened during a meeting
C. To convince your manager to use a new meeting organization tool
D. To describe what tasks you completed during the week
Answer: i say A
Explanation:
Answer:
cc just did it
Explanation:
when a high school graduate needs to make a decision between continuing his or her education or entering the job market, but he or she cannot go because he or she has limited means to pay for tuition, books, and incidentals, this is known as .
When a high school graduate needs to make a decision between continuing his or her education or entering the job market, but he or she cannot go because he or she has limited means to pay for tuition, books, and incidentals, this is known as scarcity.
What is scarcity?Scarcity refers to the fact that there are few resources compared with our needs and desires.
Scarcity can be with respect to any natural resources or with respect to any scarce commodity. In this case, scarcity refers to a high school graduate that doesn't have money to pay for his university and has to work. Another example can be the scarcity of water on the planet.
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True or false: According to the equity theory, each worker develops a personal input-output ratio to compare his or her inputs with the inputs or rewards offered by the organization.
Answer:
true
Explanation:
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Q9. Good and Proper Tea was founded in 2012 by Emilie Holmes. The business website states: We source our teas from around the world, from Kenya to India, Japan to China and many more places in between. It is important to us that we know exactly where each tea comes from and who is responsible for harvesting the leaves we buy. We will always share this information with our customers'. The business started when Emilie converted an old Citroën van (pictured right) into a mobile brew bar. Emilie wanted to expand the business. To achieve this she needed finance. She decided to raise finance using crowdfunding through the Kickstarter website. 372 individual backers each provided between £1 and £1000. Good and Proper Tea was launched. The first cup of tea was brewed and sold in Shoreditch, London, in 2012. The success of the mobile business led Emilie to plan to open a shop selling the same high-quality teas. Once again she decided to use crowdfunding as her source of finance. This time, using the Crowdcube website, she successfully raised £140,000. The shop was opened in 2016 and is very successful. As Good and Proper Tea imports its most important ingredient, it is affected by changes in the exchange rate. Recent changes in the value of the pound mean that its costs have increased. Evaluate whether crowdfunding is an effective source of finance for Good and Proper Tea. You should use the information provided as well as your knowledge of business. (Total for question = 12 marks)
According to the data given, crowdfunding has been a successful method of funding for Good and Proper Tea. Using crowdsourcing, the business was able to successfully raise money twice.
Why is crowdfunding a successful means of raising money?Making direct ties with the general people is one of the main benefits of crowdfunding. You toss your idea out into the world, you offer to raise finances in exchange for either a tangible product or other relative presents, and voilà.
How successful is crowdsourcing?The typical success rate for campaigns on crowdfunding platforms is 22.4%. In fact, just 25 percent of crowdfunding initiatives succeed in reaching their objectives.
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True or false: A questionnaire is a research technique that attempts to analyze consumer sentiments based on their social media activity. True false question.
A questionnaire being a research technique that attempts to analyze consumer sentiments based on their social media activity is false.
What is a Questionnaire?This is usually in the form of of questions in order to gather information from respondents through survey or statistical study.
The definition above doesn't see it as analyzing consumer sentiments based on their social media activity which was why False was chosen.
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What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
who wanan be mark as brainiest
Answer:
meeee I think i can do it
Explanation:
plz
if demand is not uniform and constant, the stockout risks can be controlled by __________.
If demand is not uniform and constant, the stockout risks can be controlled by integrating an inventory management system.
A stockout happens when customer demand for a product surpass the amount of inventory held on hand. This occurs when demand exceeds expectations and there is not enough regular inventory or safety stock to fulfill all orders. A stockout can also result from production process halts or delays in the supply chain.
An inventory management system aids in ensuring that the appropriate quantity of inventory is available at the appropriate time to satisfy demand. This can include predicting demand, monitoring inventory levels, using reorder points to prompt restocking, forecasting demand, adjusting production schedules, ordering more inventory as necessary, and using inventory optimization techniques like just-in-time (JIT) or economic order quantity (EOQ) to reduce excess inventory and minimize stockout risks. Businesses can reduce the costs of stockouts, overstocking, and retaining too much inventory while managing the risks associated with unpredictable demand by employing an inventory management system.
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Which of the following is typically NOT led by a company's Human Resource department?
Answer: they dont file complaints
Explanation:
What are the Fabrication Department's equivalent units of production related to conversion costs for July?
Answer:
94
Explanation:
The computation of the Fabrication Department's equivalent units of production related to conversion costs for July is shown below
Equivalent unit = Unit completed and transferred out + (ending work in process × percent completion)
= 74 + (20 × 100%)
= 94
Purchasing a mountain bike Three criteria: price, gear action, weight/durability Three types of bikes: A,B,C Developed pairwise comparison matrices 1,11,111 Ranked the decision criteria based on the pairwise comparison Select the best bike using AHP
What is the overall value of BIKE B (Composite Value) if there price of C Bike is half of the price of Bike B?
The overall value (Composite Value) of BIKE B is 0.87, even if the price of C Bike is half of the price of Bike B.
To calculate the overall value of BIKE B (Composite Value) if the price of C Bike is half of the price of Bike B, we first need to use the Analytic Hierarchy Process (AHP) to determine the relative importance of the three criteria: price, gear action, and weight/durability.
Using pairwise comparison matrices, we assign values to each criterion based on their relative importance. Let's assume we gave the following values:
Price: 0.4
Gear action: 0.3
Weight/durability: 0.3
Next, we rank the decision criteria based on the pairwise comparison:
1. Price
2. Weight/durability
3. Gear action
Now we can use AHP to determine the overall value of each bike based on the three criteria. Let's assume we gave the following scores:
Bike A:
Price: 0.8
Gear action: 0.5
Weight/durability: 0.7
Bike B:
Price: 0.6
Gear action: 0.8
Weight/durability: 0.9
Bike C:
Price: 1.0
Gear action: 0.3
Weight/durability: 0.5
To calculate the overall value of BIKE B (Composite Value) if the price of C Bike is half of the price of Bike B, we need to adjust the price scores accordingly. Let's assume Bike B costs $1000 and Bike C costs $500.
Bike B:
Price: 0.6 (adjusted to 1.0)
Gear action: 0.8
Weight/durability: 0.9
Bike C:
Price: 1.0 (adjusted to 0.5)
Gear action: 0.3
Weight/durability: 0.5
Now we can calculate the overall value (Composite Value) of each bike by multiplying each criterion score by its weight and summing the results:
Bike A:
Composite Value = (0.8 x 0.4) + (0.5 x 0.3) + (0.7 x 0.3) = 0.68
Bike B:
Composite Value = (1.0 x 0.4) + (0.8 x 0.3) + (0.9 x 0.3) = 0.87
Bike C:
Composite Value = (0.5 x 0.4) + (0.3 x 0.3) + (0.5 x 0.3) = 0.39
Therefore, the overall value (Composite Value) of BIKE B is 0.87, even if the price of C Bike is half of the price of Bike B.
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One of the main objectives of any company should be to let the target market know of its existence.
True or False
Question 11 (Multiple Choice Worth 5 points) (03.05 MC) Christina received an offer for a grant to pay for her college tuition. If she accepts the grant, what does this mean? O She will have to pay back the money after graduation. O She will not have to pay back the money. O She will only have to pay back half of the money after graduation. She will have to pay back twice the amount of money after graduation.
Christina received an offer for a grant to pay for her college tuition. If she accepts the grant She will not be required to repay the money.
What is a payment from a grant?A payment called a grant is a type of financial aid that is given to a recipient by the government or another organization to help them pay for a project or program. Grants typically come in one lump sum, but they can also come in a series of smaller payments spread out over time.
Most of the time, grants are given out based on how well the applicant can show that their project or program is valuable to the public and will help the community in some way. Research grants, educational grants, community development grants, and business grants are all examples of grants. The recipient of a grant payment is not required to repay the grant money.
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a couple who participated in a study on personal finance reported the new monthly expenditures far less than their actual expenditures. this is an example of:
This is an example of social desirability bias. The tendency to overreport more desirable characteristics while underreporting socially undesirable attitudes and actions is known as social desirability bias.
The propensity for people to display themselves in a generally positive way is known as social desirability. The subject of social desirability has long been and continues to be a source of undesirable debate, especially within the field of self-report evaluation of personality and attitudes. When respondents in a survey reflect socially acceptable actions and attitudes, this is referred to as social desirability bias. In this case, the respondent might have inflated her overall charitable donations in an effort to impress the interviewer.
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How much will we end up buying?
When janelle decided to buy a new computer, she thought about all the brands she could recall seeing advertised, but when she visited her local best buy, she limited her search to only those brands she would consider buying. the brands available at best buy represent janelle's set.
Situational influences are transient circumstances that have an impact on consumer behavior.They include tangible elements like a store's layout, buying areas, music, lighting, and even odors.Businesses work to improve the physical conditions that shoppers encounter.
What are the situational factors that could alter the consumer decision making at the time of purchase?The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items.Complex decision-making is what is meant when this occurs. Which of the aforementioned purchases would consumers be most likely to make with limited problem-solving.A regular coffee drinker's typical purchase is generally coffee to go.But problem solving skills will likely be reduced as a result of college courses. Physical surroundings, social surroundings, temporal perspective, task description, and antecedent state are the five components that make up situational factors. There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. When acquiring high-involvement products, buyers don't exhibit routine response behavior.Instead, they participate in what is known as prolonged problem solving, spending a lot of time weighing various factors such product features, costs, and warranties.To learn more about decision making refer
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4. There are two goods, X and Y. The absolute price of X rises and the
absolute price of Y does not change. Prove that the relative price of X rises in
terms of Y.
When the absolute price of x increases while keeping the cost of y constant, the relative cost also increases.
What does absolute price mean?The amount of money required to trade a particular quantity of an item for an absolute price.
Let the absolute price of x be 2 and that of y be 4 ,now let the price of y remains unchanged and that of x rises to 4, relative price means the price of one good with respect to the other, so in the first case relative price x/y =2/4 = 0.5
Now as it rises to 4,
new relative price =4/4 =1
1>0.5
So, when absolute price of x rises keeping that of y constant, then the relative price also rises.
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what are the answers for all 3 of them?
Answer:
See below
Explanation:
(i) €585.00
As per the statement, Taylor owed €585.00 to Franklyn photographic supplies Ltd at the end of April. The closing balance for April is the Amount owed at the end of April.
(ii) €75.00
The opening balance for April as indicated in the statement is the closing balance for March.
(iii) €375.00
As per the statement an amount of €375.00 was paid on April 15
True/false: a defined-benefit plan specifies the benefits that you will receive at retirement age.
True. A defined-benefit plan specifies the benefits that you will receive at retirement age.
A defined-benefit plan is a type of pension plan where the employer guarantees specific retirement benefits to employees based on a predetermined formula. Under this plan, the benefits you will receive at retirement age are specified in advance, hence making the statement true. In a defined-benefit plan, the retirement benefits are typically determined by factors such as years of service, salary history, and a predetermined formula established by the plan.
The employer takes on the investment and longevity risks, ensuring that the promised benefits are provided to eligible employees upon retirement. This type of plan provides employees with the security of knowing the specific benefits they can expect to receive once they reach retirement age. It relieves employees of the investment decisions and market risks associated with managing their retirement savings.
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Select the correct answer.
A good document created with DTP software would have an ideal balance of which three tones?
A.
black, blue, and grey
B.
black, white, and grey
C.
blue, green, and black
D.
white, green, and blue
A good document created with DTP software would have an ideal balance of three tones (B) black, white, and grey.
When creating a document with desktop publishing (DTP) software, an ideal balance of tones includes black, white, and grey. Here's why:
Black: Black is a fundamental color used for text, headings, and important elements in a document. It provides strong contrast and readability, making it essential for conveying information effectively.
White: White represents the absence of color and is commonly used as the background color in documents. It provides a clean and neutral canvas, allowing other elements to stand out. White space is crucial for readability and visual balance, preventing the document from appearing cluttered or overwhelming.
Grey: Grey is a neutral color that can be used for various purposes in a document. It can be used for shading, borders, or backgrounds to add subtle contrast and visual interest. By using different shades of grey, you can create depth, hierarchy, and separation between sections or elements.
The combination of black, white, and grey allows for a visually balanced and professional-looking document. It ensures readability, clarity, and a cohesive visual presentation. This color scheme is versatile and widely used in a range of documents, including brochures, newsletters, reports, and presentations.
Option D (white, green, and blue) is not the correct answer because green is not typically considered one of the ideal tones for creating a good document with DTP software. While green may be used in specific contexts or designs, it is not one of the core tones that contribute to an ideal balance in most documents.
Therefore, the most suitable answer is B. black, white, and grey.
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Do you agree with the concept of respondeat superior? Why or wny not?
Yes, I agree with the concept of respondeat superior. By holding employers accountable, it increases the likelihood that injured parties will receive adequate restitution.
Respondeat superior, a Latin term meaning "let the master answer," is a legal principle that holds employers liable for the actions of their employees performed within the scope of their employment. This doctrine is important for several reasons. Firstly, it provides a means of ensuring that victims of wrongdoing have a recourse for seeking compensation. By holding employers accountable, it increases the likelihood that injured parties will receive adequate restitution. Secondly, respondeat superior promotes a culture of responsibility within organizations. Employers are motivated to exercise care in selecting, training, and supervising their employees to minimize the risk of harm to others. This principle acts as an incentive for employers to create a safe working environment and implement proper policies and procedures. Moreover, respondeat superior acknowledges the power dynamics in an employment relationship. Employers have the ability to control and direct their employees' actions to a significant extent. Therefore, it is reasonable to attribute legal responsibility to the employer for the consequences of those actions. While there may be cases where the application of respondeat superior is subject to interpretation and exceptions, overall, it serves as an essential legal doctrine to ensure fairness and accountability in the relationship between employers, employees, and those affected by the actions of employees.
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Determine the characteristic for each market segment. This segment contains a common element that unifies its members. This segment contains an element that separates it from other segments. This segment is based on the response of members with a certain outlook. distinction arrowRight homogeneity arrowRight reaction
Answer:
Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.
KEY TAKEAWAYS
Market segmentation seeks to identify targeted groups of consumers to tailor products and branding in a way that is attractive to the group.
Markets can be segmented in several ways such as geographically, demographically, or behaviorally.
Market segmentation helps companies minimize risk by figuring out which products are the most likely to earn a share of a target market and the best ways to market and deliver those products to the market.
With risk minimized and clarity about the marketing and delivery of a product heightened, a company can then focus its resources on efforts likely to be the most profitable.
Explanation: I was Just taking a test on this
Answer:
Got this correct on the Test.
Explanation:
distinction--->this segment contains an element that separates it from other segments.
homogeneity--->this segment contains a common element that unifies its members.
reaction--->this segment is based on the response of members with a certain outlook.
100 ponits !!!! what is net income. and how do you we calculate net income.
Answer:
Net income is an entity's income minus cost of goods sold, expenses, depreciation, amortization, interest, and taxes for an accouting period. Gross receipts / revenue less cost of doing business (including Cost of Goods Sold, operational and administrative expenses.) Your business' bottom line - what you pay taxes on.
Explanation:
Answer:
Businesses can calculate net income by taking their total incoming revenue for a specific time period and subtracting from it all business expenses for that same time period.
Explanation:
why is the potential for job loss something that many people ignore or fail to consider when choosing a career they wish to pursue?
The potential for job loss is often overlooked when people are choosing a career because they may not fully understand the current state of the job market or the potential for changes in the industry they are interested in. People may also be swayed by factors such as salary, job title, or personal interests without fully considering the job security of their chosen career.
Additionally, many individuals may be overconfident in their abilities and believe that they will always be in demand or able to find employment easily. This can lead to a lack of consideration for the potential for job loss.
Another factor is that people may not fully understand the impact of technological advancements and automation on their chosen career field. As technology continues to evolve, certain jobs may become obsolete or require different skill sets, leading to a higher potential for job loss.
Lastly, individuals may not have access to information or resources that would help them assess the potential for job loss in their chosen career. Without guidance or support, it can be difficult for people to make informed decisions about their career paths.
Overall, the potential for job loss is an important factor to consider when choosing a career, but it is often overlooked due to a lack of understanding, overconfidence, or limited resources.
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if+it+took+1000+hours+to+produce+the+first+unit+of+a+product,+and+the+learning+curve+is+80%,+how+long+will+it+take+to+produce+units+26+through+50?
It will take approximately 210.7 hours to produce units 26 through 50, assuming that the learning curve holds true and all other factors remain constant.
The learning curve is a concept used in production and manufacturing to represent the improvement in efficiency that comes with experience. It suggests that as the workers become more familiar with a task, their performance improves, and the time and cost required to produce each unit decrease.
In this case, we know that it took 1000 hours to produce the first unit of the product, and the learning curve is 80%. This means that for every doubling of the units produced, the time required to produce each unit will decrease by 20%.
To calculate the time required to produce units 26 through 50, we need to determine how many times the production has doubled. Since the first unit was produced, the number of doublings required to reach unit 50 can be calculated as:
log2(50) - log2(1) = 5.6438
So, production has doubled 5.6438 times. Since the learning curve is 80%, the time required to produce each unit will decrease by 20% with each doubling. Therefore, the time required to produce unit 50 can be calculated as follows:
1000 hours x (0.8)^5.6438 = 210.7 hours
Therefore, it will take approximately 210.7 hours to produce units 26 through 50, assuming that the learning curve holds true and all other factors remain constant.
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Southwestern Bank offers to lend you $50,000 at a nominal rate of 6.9%, compounded monthly. The loan (principal plus interest) must be repaid at the end of the year. Woodburn Bank also offers to lend you the $50,000, but it will charge an annual rate of 8.1%, with no interest due until the end of the year. How much higher or lower is the effective annual rate charged by Woodburn versus the rate charged by Southwestern?a. 1.68% b. 1.98% c. 2.08% d. 1.78% e. 1.88%
Answer:
0.98%
Explanation:
Note: Options provided is slightly different for this question
EAR = (1+APR/m)^m - 1
EAR = (1+0.069/12)^12 - 1
EAR = (1.00575)^12 - 1
EAR = 1.07122449517 - 1
EAR = 7.12%
Hence, higher EAR charged by Woodburn versus the rate charged by Southwestern = (8.1% - 7.12%) = 0.98%