2. how interest rate changes affect present and future value suppose you deposit $300 today into a bank account with a variable interest rate and will receive a payment in one year. true or false: if during the year the interest rate rises, this increases the future value of your investment.

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?

George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the duties of a:

Comparative financial statements for weller corporation, a merchandising company, for the year ending december 31 appear below. the company did not issue any new common stock during the year. a total of 800,000 shares of common stock were outstanding. the interest rate on the bonds, which were sold at their face value, was 12%. the income tax rate was 40% and the dividend per share of common stock was $0.40 this year. the market value of the company's common stock at the end of the year was $18. all of the company's sales are on account. time interest earned ratio