Clean up the ocean by picking up all the trash in the water
Answer:
The maximum interest rate the bank needs to offer on the loan if Martin is at least to break even on this investment is A) 6%
Explanation:
Martin is offered an investment where for $4000 today, he will receive $4240 in one year. The interest rate of the investment = ($4,240-$4,000)/$4,000x100% = 6%
The maximum interest rate the bank needs to offer on the loan if Martin is at least to break even on this investment should equal the interest rate of the investment: 6%
Answer:
The answer is:
In general, you will receive higher rates of interest on your certificate of deposit the longer the maturity and the higher the dollar amount invested.
Explanation:
Interest rates are returns that an investor receive from their investment (under this situation - investment in certificate of deposit (CD)).
The higher the risk, the higher the return is required to compensate for the risk-taking of investor.
As long time commitment, that is long maturity, gives the investor higher exposure to risk and higher invested amount resulting to higher loss given default; investors will require higher return, that is - interest rate on CD, to compensate for their risk-taking.
Thus, longer and higher should be the correct choice to fill in the blank.
This is false again this can be classified as anything
Answer:
The correct answer is letter "B": has a physical trading floor.
Explanation:
An auction market is one where buyers and sellers simultaneously offer reasonable bids. The price of the asset being traded is the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. Even with the spread of technology, some auctions can be done online. Though, the auction always has a trading floor.
