Answer:
$5,050.25
Explanation:
The daily interest multiplier has already been stated to reflect interest earned over a 180-day investment timing horizon, hence , in order to determine the compound of $5,000 saved for 180 days, we simply multiply the daily interest multiplier for 180 days by the actual amount saved as shown below:
FV=PV*interest multiplier
FV=future value=amount in the savings account after 180 days=the unknow
PV=the amount placed in savings account= $5,000
interest multiplier= 1.010050
FV=$5,000* 1.010050
FV=$5,050.25
Answer:
3%
Explanation:
Increase in money supply ($ billion) = Increase in reserves / Reserve ratio
Increase in money supply ($ billion) = 150 / 0.1
Increase in money supply ($ billion) = 1,500
Increase in price level = (Increase in money supply / 100) * 0.2
Increase in price level = (1,500/100) * 0.2
Increase in price level = 3%
Answer:
B. are primarily designed to protect bondholders
Explanation:
Protective covenants are designed primarily to protect bondholders from future actions of bond issuer. They are also part of a loan agreement that limits certain actions a company may take during the course of the loan to protect the person who lend the money interests. They provide extra protection for the investors. Creditors use it to protect their interests by restricting certain activities of the issuer that could endanger the creditor's interest.
Answer:
Sometimes following a disaster, a boil water alert is issued for areas connected to mains scheme water because the mains water may be unsafe to drink or cook with.
If a boil water alert has been issued, it is essential you follow this warning to prevent illness.
To prepare water for drinking and food preparation, you should heat the water to a rolling boil for at least 1 minute using a stove or kettle and then allow it to cool. This will help to kill any bacteria.
Be sure to keep children clear from any boiling water until the water has cooled down to room temperature.
Once it has cooled it should be placed in the fridge in a clean container with a lid.
Under no circumstances should you drink or cook with water that has not been boiled until the alert is lifted.
Alternatively you can use bottled water.
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Answer:
REV Co. has made disclosure in notes to the financial statement section. The disclosures include the details about related party transaction which was carried out by the brother of Chief Operating Officer. It is ensured that the transaction was completed on arm's length.
Explanation:
Disclosures are mandatory for any company which is listed. The companies provide details of specific transactions in Notes to the Financial statements. These additional information provides details of transaction to the shareholders and removes any ambiguity in the transaction. The purpose of disclosures is to ensure the shareholders that the company has not incurred any fraudulent activity in certain transactions and all transactions are fair and complies with International Accounting Standards.
