The correct answer is A) Power Dispatcher. Hope this helps.
The amount of money p will be payed in an annual payments at Annual percentage rate.
Annual percentage rate is the yearly interest produced by a sum that the borrower has to pay . Annual percentage rate is conveyed as a percentage that shows the real annual cost of funds during the term of a loan or income earned on an investment. It does not consider compounding into account.
"APR is calculated by multiplying the periodic interest rate by the number of periods in a year in which it was put in".
APR=((Fees+Interest/p/n)×365)×100
Where-
Interest=Total interest paid during life of the loan
P=Loan amount
n=Number of days in loan term
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Answer: a) The court found that the advertisements were not inherently misleading. However, it did find that regulating the advertisement in question was more extensive than necessary to protect the public interest.
Explanation: An advertisement is a notice or action promoting a product or service and soliciting patronage.
When there is no regulation of an advert, abuse is expected. Protecting the public interest is important as advertisement may be misleading if there are no extensive rules.
In a situation whereby the mechanics advertisement was found not to be inherently misleading, a different verdict may have been given.
Answer:
Explanation:
The <u>nominal</u> interest rate is quoted by borrowers and lenders-------------
then you <u>can</u> use the APR------------
different compounding periods, then the effective annual rate must------
If a loan or investment uses <u>annual</u> compounding, then the nominal--------
However, if compounding occurs more than once a year, EAR is the effective INOM
Quantitative problem:
Effective annual rate of Bank 2 (assuming its APR is 6%) = (1.015)^4 – 1 = 0.061364
To get the same EAR, Bank 1 should charge per half year 1.061364^(1/2) – 1 = 0.030225
The nominal interest rate (APR)= 0.030225*2 = 0.06045 = 6.05%
Answer:
The correct answer is B. non-exempt security under the Securities Act of 1933 because the purchaser bears the investment risk
Explanation:
With a variable annuity, the annuity funds are invested in securities such as bond funds or equity funds. In these cases, the performance of the funds will define the performance of the annuity money and how much the annuity owner will receive from it. In this case, in the variable annuities there is a certain investment risk that everyone must determine when investing their money. In summary, the amount of risk that everyone is in a position to adopt will determine the amount of acceptable risk and therefore what type of funds will be selected for the investment.
It is possible to consider using a variable annuity for those who:
- They feel comfortable with stock market fluctuations and are willing to accept them in exchange for a greater return to inflation for a longer period of time.
- They are young people who seek to plan for retirement by taking advantage of the long-term stock market.
