Financial Calculations

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The currency of Brazil is called the Real, according to the XE website. The Real's currency code is BRL and its symbol is R$. The minor unit of the Real is the Centavo, which amounts to 1/100 R$.

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  • What Is the Importance of International Finance?

    Q: What Is the Importance of International Finance?

    A: International finance is important for determining exchange rates, comparing inflation rates, investing in foreign debt securities, ascertaining economic conditions in other countries and investing in foreign markets, according to For Dummies. The International Financial Reporting Standards (IFRS), adopted by more than 120 countries as of April 2011, are an important backbone of international finance and offer numerous benefits, according to Investopedia.
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  • What Is Profit Maximization?

    Q: What Is Profit Maximization?

    A: In economics, profit maximization refers to the process by which a business assesses the price and output of goods in order to ensure the greatest profit. During the assessment, businesses will determine the expense of fixed and variable costs during production in order to ascertain financial viability. There are two main ways a business achieves this total revenue-total cost and marginal revenue-marginal cost.
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  • How Much Do Teens Spend on Clothes Per Year?

    Q: How Much Do Teens Spend on Clothes Per Year?

    A: According to Statistic Brain, as of 2014, total spending by American youths aged 13 to 19 years is approximately $258.7 billion annually. According to Business Insider, teens spend 40 percent of their money on clothing. If that's correct, it translates to $103.48 billion spent by teens annually for clothes.
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  • What Is the Definition of "compound Interest"?

    Q: What Is the Definition of "compound Interest"?

    A: Compound interest is a financial term used to describe the process where the interest earned on a principal investment over a set period of time is added to the principal amount. The interest payable for the following periods is recalculated on the sum of the original investment and the previous interest earned. The word "compound" refers to the magnified effect that this method has on an investment's growth potential.
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  • How Do You Calculate Food Cost Percentage?

    Q: How Do You Calculate Food Cost Percentage?

    A: StarChefs explains that food cost percentage is figured by taking the total beginning inventory cost plus purchases minus the ending inventory costs; then dividing that number by food sales.
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  • What Are Financial Resources?

    Q: What Are Financial Resources?

    A: Business Dictionary lists financial resources as funds that are available to a business for spending. These funds may come in the form of money, liquid securities or credit lines.
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  • What Are Hedging Techniques?

    Q: What Are Hedging Techniques?

    A: Hedging techniques are strategies and tactics employed by investors to reduce financial risk. Pairing, short-against-the box, exchange-traded funds, futures and options are the most commonly used to predict and reduce financial risk.
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  • What Does "net Price" Mean?

    Q: What Does "net Price" Mean?

    A: The term "net price" refers to the cost of something minus the price of anything that lowers the total dollar value a consumer actually pays, according to U.S. News & World Report. The term is most commonly used by colleges and universities.
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  • What Is the Formula for Calculating Compound Interest?

    Q: What Is the Formula for Calculating Compound Interest?

    A: One formula for calculating yearly compound interest is M=P(1+i)n. "M" represents the final amount with the principal and interest combined, "P" represents the principal amount, "i" represents the interest rate, and "n" is the number of years invested.
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  • What Are Capital Gains?

    Q: What Are Capital Gains?

    A: Capital gains are the profits an investor makes on certain types of investments. Real estate, precious metals, collectibles, bonds, mutual funds, stocks and options are investments for which a person can earn capital gains, according to About.com.
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  • How Do You Calculate Interest Expense?

    Q: How Do You Calculate Interest Expense?

    A: Interest expense is calculated as the interest rate multiplied by the amount of the outstanding principal of the debt. Defined by Investopedia, interest expense is the cost incurred by an entity on borrowed funds.
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  • What Age Group Spends the Most Money?

    Q: What Age Group Spends the Most Money?

    A: According to The Daily Beast, Americans between the ages of 50 and 60 years old spend the most money, about 74 percent more than Americans aged 18 to 25 in 2010. Each group divides its expenditures in a different way.
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  • What Is Analytical Research?

    Q: What Is Analytical Research?

    A: Analytical research is a specific type of research that involves critical thinking skills and the evaluation of facts and information relative to the research being conducted. A variety of people including students, doctors and psychologists use analytical research during studies to find the most relevant information. From analytical research, a person finds out critical details to add new ideas to the material being produced.
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  • How Many Pennies Are in $1 Million?

    Q: How Many Pennies Are in $1 Million?

    A: There are 100 million pennies in $1 million. Since there are 100 pennies in each dollar, multiplying 100 pennies per dollar times $1 million yields 100 million pennies.
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  • How Can One Live Cheaply?

    Q: How Can One Live Cheaply?

    A: There are many ways to live cheaply. Before you spend any money, ask yourself if you really need the thing you are considering purchasing. Before shopping, write down all the items you really need and stick to the list. Doing so will help you save a lot of money and live much more frugally,
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  • What Is a Home Construction Cost Calculator?

    Q: What Is a Home Construction Cost Calculator?

    A: A home construction cost calculator is a calculator used to estimate the cost of constructing a new house. The calculator helps a person to determine how big the house, the kitchen and the rooms should be. It also asks a person what kind of finishing he wants around the house.
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  • What Is Net Monthly Income?

    Q: What Is Net Monthly Income?

    A: Net monthly income refers to the paycheck employees receive from their employers. Employers deduct taxes and Social Security contributions before creating checks for their employees.
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  • How Do You Calculate Net Purchases?

    Q: How Do You Calculate Net Purchases?

    A: To calculate net purchases, add all purchases and freight-in, or shipping, together to get gross purchases and then subtract purchase discounts, purchase returns and allowances from gross purchases. This process yields the net purchase total, according to Simplestudies.
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  • How Much Does It Cost to Buy a Star?

    Q: How Much Does It Cost to Buy a Star?

    A: The cost to buy a star ranges from $19.95 to $50 and higher, depending on the specific package chosen. Certain star packages include medallions while others include a commemorative plaque. It is also possible to name the star specifically for a particular person.
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  • What Is the Formula for Total Revenue?

    Q: What Is the Formula for Total Revenue?

    A: According to AmosWeb, total revenue is calculated by multiplying the price received from the product times the quantity of the product sold at that price. Total revenue is usually depicted as a total revenue curve with it being directly related to marginal revenue and average revenue.
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  • What Is the Currency of Brazil Called?

    Q: What Is the Currency of Brazil Called?

    A: The currency of Brazil is called the Real, according to the XE website. The Real's currency code is BRL and its symbol is R$. The minor unit of the Real is the Centavo, which amounts to 1/100 R$.
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