Answer:
FV= $75,437.02
Explanation:
Giving the following information:
Number of cash flows= 5
Cash flow= $10,000
Total number of periods= 10 years
Interest rate= 6% compounded annually
<u>First, we need to calculate the future value of the 5 cash flows in 5 years using the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {10,000*[(1.06^5) - 1]} / 0.06
FV= $56,370.93
<u>Now, the value at the end of 10 years:</u>
FV= PV*(1+i)^n
FV= 56,370.93*(1.06^5)
FV= $75,437.02
<span>After completing your turn, and before changing lanes, you should:
use the turn signal to indicate which lane you're going to, check the rear-view mirrors and then center yourself in the lane.
These rules are easy to follow for your safety, the safety of your car as well as the safety of other cars and car drivers </span>
SEC reviews the information and have the authority of regulatory disclosure for the ADV.
<h3>What is SEC and how it works?</h3>
SEC is a Securities and Exchange Commission in United States who regulates the nation's securities industries.
The basic functions of the SEC is to protect the investors, capital formation and maintain the fairness in the market.
SEC is the governing body which has the authority in the case of ADV form.
Learn more about the ADV form here:-
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Answer: e. 8.61%
Explanation:
This is a perpetual bond so the price is calculable by;
Price = Coupon / Yield to Maturity
Coupon = 7.75% * 1,000
= $77.50
900 = 77.50/ YTM
900 * YTM = 77.50
YTM = 77.50/900
= 8.61%