Answer:
I will pay $537.43 as interest.
Explanation:
Principal amount = F = $70,000
Effective rate = 6.3% / 12 = 0.525% monthly
t = 2 months
Interest Amount for 2 months = [2x (r x F) / 1 − ( 1 + r )^−t] = [2 x (0.525% x 70,000) / 1 - ( 1 + 0.525%)^-2 = $735 / 0.01042 = $70537.43
Interest Amount = $70537.43 - 70,000 = $537.43
Interest payment of two month margin loan for amount $70,000 at effective rate 6.3% is $537.43.
Answer:
in the explanation we can see the relationship between supply and demand.
Explanation:
The question is not clear, because some elements are missing. However, this is a situation where we want to describe the relationship between supply and demand for 3d TVs and how this varies if there is an increase in demand.
So let's analyze it in general terms.
Be D=Demand, E=equilibrium , P=Price, Q=Quantity.
Since Tabitha now earns more, she decides to buy a TV, then this increases demand (D2), which causes the equilibrium point (which in the graph corresponds to the intersection of the supply and demand curves) to change (E2). Thus, the higher the demand, the higher the price.
Answer:
The clients may initiate a civil lawsuit to recover their losses
Explanation:
It is assumed that the agent sold the securities with an intention to defraud. Under the Uniform Securities Act, the client may initiate a civil lawsuit so as to recover losses. Clients would sue based on the fact that the securities were unregistered and non-exempt while attempting to get back what they have lost in finance, attorney fees, and interest inclusive. These 3 damages are only applicable to insider trading.
<span>Financial experts advise you will need approximately 80 percent of your pre-retirement income in order to maintain your standard of living after you retire.
So, let's say that you earned 3,000 dollars a month while you were still working. That would mean that you would need at least 2,400 dollars when you retire if you want to keep on living practically the same as you did while you still had a job.
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Answer:
c. $8,600
Explanation:
The computation of the cost of Wren Pork allocate to Loin chops is shown below:-
Total Joint Cost × (Loin Chops sales value ÷ (Loin Chops sales value + Ground Sales value + Ribs sales value + Bacon Sales value)
= $43,000 × ((3,000 × $5) ÷ (3,000 × $5) + (10,000 × $2) + (4,000 × $4.75 ) + (6,000 × $3.5))
=$8,600
So, for computing the cost of Wren Pork allocate to Loin chops, we simply applied the above formula.