Answer:
i = 5.48%
Explanation:
We can use the following method to solve the given problem in the question.
Two consecutive 3 year CDs:
=10000 * (1+(0.05/4))^12 * (1+.(0.05/4))^12 = 13, 473.51
One 5 year CD and a 1 year CD:
=10000 * (1+(0.0565/4))^20 * (1+.(0.04/4))^4 = 13,775.75
13,775.75 is the greater.
The annual effective rate is
=10000 * (1+I)^6 = 13,775.75
i = 5.48%
Answer:
A) Felix earns $450 per week working for Pillmart Pharmacy. Resource market: Felix sells his resources (labor) to the Pillmart Pharmacy in exchange for a salary.
B) Janet earns $875 per week working for Classy's Jewelry Store. Resource market: Janet sells her resources (labor) to the Classy's Jewelry Store in exchange for a salary.
C) Felix spends $325 to purchase necklace from Classy's Jewelry Store. Product market: the Classy's Jewelry Store sells its products to Felix.
Answer:
d. sinking fund.
Explanation:
A bond refers to a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.
Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.
A sinking fund is a provision of a bond indenture which is designed to ease the burden of principal repayment by spreading it out over several years.
<em>Hence, a sinking fund is generally viewed or assumed to protect the bondholders such as creditors or investors because the fund set aside would serve as a collateral incase the bond issuer can't pay in the future. </em>
Answer:
One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to
C) verify that the investment adviser still qualifies for SEC registration
Explanation:
Filing the annual Form ADV Part 1A gives the SEC and the state securities authorities information about the investment adviser's business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the adviser or its employees. The form enables the SEC to register investment advisers and to obtain information from and about exempt reporting advisers.
A country that has an absolute advantage in producing corn does not necessarily have a comparative advantage in producing corn - this statement is true.
<h3>What are absolute advantages and comparative advantages?</h3>
Comparative advantage exists when a country produces a good or service for a more subordinate opportunity cost than other countries. Opportunity cost estimates a trade-off. A nation with a comparative benefit creates the trade-off worth it. Absolute advantage is an economic concept that exists utilized to refer to a party’s superior production capability. Specifically, it directs to the ability to produce a particular good or service at a lower cost.
Comparative advantage exists concerned with producing at a lower opportunity cost Having absolute advantage doesn’t necessarily indicate an economy should produce that good. It is not advisable to try and produce everything. Absolute Advantage: The ability of an actor to produce better of a good or service than a competitor. Comparative Advantage: The capability of an actor to produce a good or service for a lower opportunity cost than a competitor.
To learn more about absolute advantages refer to:
brainly.com/question/8141905
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