Rahul needs a loan and is speaking to several lending agencies about the interest rates they would charge and the terms they offer. he particularly likes his local bank because he is being offered a nominal rate of 6%. but the bank is compounding monthly. what is the effective interest rate that rahul would pay for the loan? 6.074% 6.482% 6.253% 6.168%

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

It wil be manufacturing industrie, (a) hope this you.

Answeraugmented reality;