Answer:
1.10 dollars or 110 cents
Explanation:
We have a fall in the balance margin by contract.
We calculate the change as:
-1,500 =[ future price - (1.20)]*15000
We got 1.20 by dividing 120 by 10.
-1500 = [future price - (1.20)]*15000
Divide through by 15000
-1500/15000 = future price - 1.20
-0.10 = future price -1.20
Collect like terms
-0.10+1.20 = future price
1.10 = future price
Therefore the margin is $1.10 or 110 cents
Leslee is a loan processor who is not required to perform her duties at the direction of or subject to the supervision. Leslee is an independent contractor.
An independent contractor is a self-employed person who is contracted in order to perform work for or provide services to another entity as a non-employee. Thus, independent contractors are not employees, nor are they eligible for employee benefits.
Here, as Leslee is a loan processor, so she is not required to perform her duties at the direction of or subject to the supervision and instruction of an individual who is licensed. As she is an independent contractor.
Hence, companies may also hire an independent contractor to do a job.
To learn more about independent contractor here:
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Answer:
4.15%
Explanation:
In order to determine the annual saving we must divide the extra cost of the hybrid by the amount of years it takes to recoup our investment.
annual savings = $4,180 / 11 years = $380 per year
our initial investment = -$4,180
since we are going to use the car during 15 years, then we have 15 positive cash flows of $380
using a financial calculator or excel spreadsheet, the internal rate of return (IRR) on our investment = 4.15%
Answer: e. Interest rates on long-term bonds are more volatile than rates on short-term debt securities like T-bills.
Explanation:
Long term bonds are considered to be more sensitive to interest rates as opposed to short term securities. If interest rates were to rise, the bond could lose value.
They are also more sensitive to inflation. If inflation rates rise, the value of payment reduces. It is for this reason that longer term bonds have maturity risk premiums added to them to cater for the amount of time the bond has till maturity.
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