Answer:
The penalty will be $133.333 for the early withdrawal.
Explanation:
On a $20,000 earning 4% annually, the amount of interest earned per year is:
$
20
,
000 x 4% = $
800
On a monthly basis, the CD earns:
$
800 / 12 = $
66.667
If the penalty involves a two (2) months worth of interest, then, the penalty for the early withdrawal will be:
2 x $
66.667 = $
133.333
Answer:
There are many of those problems. One of them is immigration. Naturally, there is a cost to receive thousands of people. The demographic figures are altered and as a consequence the labor fan grows, but the data shows that, although in the medium term the clearest results are seen, in a single year progress is also observed.
Answer and Explanation:
The summary of the process cost involves the physical flow of units, equivalent units of production, cost per equivalent unit, and the total cost assignment to the units worked on the given time period
Only these four things would be shown in the summary of the process cost
Other than this would be ignored
Answer:
$113.86 billion
Explanation:
Real GDP = nominal GDP/ price index
Real GDP = $14460 billion / 127 = $113.86 billion
I hope my answer helps you
Answer:
Amount for each stock to be paid at maximum = $54
Explanation:
Using Dividend growth model, we have,
Where = Expected price of share today
= Dividend to be paid at this year end
=
= Required return on investment
g = Growth rate
Therefore,
= = $3 + 8% = $3.24
= $54
Therefore, current price for this share or sock to be paid = $54 per share.