Answer: $10029
Explanation:
Based on the information given in the question, if $10000 is invested today at the risk-free rate, the amount that'll be received in 90 days will be calculated thus:
= Investment × (1 + Asked) × (DTM/360)
= 10000 + (1 + 0.0115) × (90/360)
= 10000 + 1.011 × 0.25
= 10029
Therefore, the answer is $10029
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Section A = 22,500 seats
section B = 14,900 seats
section C = 7,600 seats
Answer: Service Charge
Explanation: a service charge goes toward the day to day running costs of a company, used to cover things like building costs, insurance, employee compensation. It is how companies like Costco are able to pass along reduced price products to members.