A credit card balance is the amount of money owed to the credit card company.
Answer:
Number of year = 10 year
Explanation:
Given:
Principal = $1,500
Rate of interest = 10% = 0.1
Amount = 2 × Principal = 2 × $1,500 = $3,000
Interest = Amount - Principal = $3,000 - $1,500 = $1,500
Find:
Number of year = ?
Computation:
⇒ Interest = Principal × Rate of interest × Number of year
⇒ $1,500 = $1,500 × 0.1 × Number of year
⇒ $1,500 = $150 × Number of year
⇒ Number of year = $1,500 / $150
⇒ Number of year = 10 year
Answer:
The correct answer is option a) keeping up in a market where sales come mostly from new products.
Explanation:
Since computer gaming is an ever evolving field where the gamer are always on the look out for new games to indulge in. Computer gaming companies keep a close eye on the changing trends so they can instantly replicate them and enter the trending high sales market.
This is a market that earns through keeping up with a market where sales and earning profit is dependent on new products.
No, The teacher will not likely succeed.
<h3>State aid-to-education statute</h3>
The teacher's will not likely succeed due to the absence of constitutional violation here, based on the fact that there was no any state action.
Hence, since the school was given the license to operate by the state and the receipt of state funds do not as well constitute state involvement as regards to its personnel matters or issues the teacher may not establish that the school exercised any state action.
Learn more about State aid-to-education statute here:brainly.com/question/11886724
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Answer:
The formula for calculating bond purchased at a premium written down for the period is
(coupon rate - interest due)n*m
m= times annually compounded= semi annually = 2
i.e., coupon rate = face value* r = 100*r
m 2
interest due = redeemable amount * yield rate = 105*4%
m 2
n = no of years * semi annually = 12 * 2 = 24
(coupon rate - interest due)n*m = (100*r/2 - 105*4%/2)12*2
r = 6.13%
Calculating for book value with 16 periods remaining we get the answer 118.1