Answer:
The final value of the investment after 3 years is $7,146.10
Explanation:
Giving the following information:
Investment= $6,000
Interest rate= 6% compounded annually
The number of years= 3 years.
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 6,000*(1.06^3)
FV= $7,146.10
The final value of the investment after 3 years is $7,146.10
Exact interest method is using 365 days instead of 360.
We are going to use the formula: I = Prt, we will derived
the formula of rate.
r = I /Pt would be our formula, plugging in our amounts.
r = 93.37 / 2000 / (284/365)
= 93.37 / 2000 (0.7781)
= 93.37 / 1556.1643
= 0.06 or 6% when converted to percent.
To check:
I = Prt
= 2000 x 0.06 x 284/365
= 120 x 0.7781
= 93.37
Answer:
Their relative fair values
Explanation:
The relative fair value method is mainly used in the determination of straight debt that is similar, warrantee, or tradable options. When different assets have been purchased, it is common for their purchase prices not to separate individually out the total cash that would be paid for these assets. But these assets will be most likely to be depreciated at rates that are not similar. Therefore, the relative fair value method will be the best and most effective technique that would be used in the allocation of total purchase costs for each of the available assets. This technique will depend mainly on the appraised fair market value for the assets being considers. The goal, in this case, is to allocate the total cost of purchasing through the use of relatively reasonable value methods as the main formula.
Asset allocation = (Purchase Cost) * (Asset FMV/Total FMV)
Where FMV is the Fair Market Value
Usually, a lump-sum purchase will occur where different assets have been acquired mainly from a similar price. Therefore, each of these assets will have to be recorded differently (fixed assets), specifically in an accounting record. To this, the purchase price will be allocated among the available assets acquired based mainly on the fair market values. Relative fair market value can be considered as a method of valuations in consideration of the assets of an acquired –business. In this case, a basket purchase price (lump sum) will be allocated to these assets. All the assets will be treated as a group. As a result, the relative fair value can help investors, particularly when it comes to choosing among different investments, particularly those that are available at any given time. The method will look mainly at relevant management, economic data, and footnotes, which are essential in the assessment of value relative of any given stock to its peer.
Answer:
Quality assurance team, authorized factories and suppliers
Explanation:
H&M is a renowned fashion brand and it is expected to provide the best quality of products. As mentioned that H&M does not own the factories or the suppliers, then the firm will have to implement strict policies to ensure the quality of the product is maintained. Below are the measures that H&M can take to ensure only a high quality product comes out of the brand:
1. Quality assurance team: is the most needed and crucial department of H&M. This department needs to ensure the product entering and leaving with the name of H&M are able to maintain the standard of the brand. A hired team of professionals with strict instructions need to asses all the products and clear them if they pass the required tests of quality.
2. Authorized factories: ensuring that the makers of the product for H&M are reputable and are cleared by their own legal systems. In this manner the certainty of receiving a reliable quality and product.
3. Authorized Suppliers: having a trusted supplier assures the supply of a trusted product. Outsourcing the creation of its product, H&M needs to ensure that its suppliers can be trusted. Thus a thorough research into the suppliers need to be made to ensure the highest quality of products.
For real estate income property, mortgage loans are often made on a non-recourse basis. This means that the risk of default must be included in the mortgage interest rate.
<h3>What is a mortgage loan?</h3>
A mortgage is a form of loan used to purchase or maintain a home, land, or another type of real estate. The borrower agrees to repay the lender over time, often through a series of monthly payments divided into principal and interest. The property is subsequently put up as collateral for the loan.
Borrowers must apply for a mortgage through their preferred lender and meet specific criteria, such as credit score requirements and down payments. Mortgage applications are rigorously scrutinized before they reach the closing stage. Mortgage types vary according to the borrower's needs, such as conventional and fixed-rate loans.
To learn more about a mortgage loan, click
brainly.com/question/15082835
#SPJ4
