Answer: See explanation
Explanation:
Annuities are referred to as the loans that one would have to pay back over a period of time with a particular interest rate. It should be noted that annuities have consistent payments for the period that the loan will be paid back. An example of annuity is the car loan or the mortgage.
For a level principal loan, it should be noted that the principal payment will remain constant and won't change while there'll be a reduction in the interest rate over the period that the loan will be paid back. This means that there will be w reduction in the payments as the time progresses.
Answer:
$6.25 per person.
Explanation:
This can be calculated as follows:
Expected number of people = 100
Expected number of people that would free ride = 20
Number of expected people to pay = Expected number of people - Expected number of people that would free ride = 100 - 20 = 80
Cost to charge per person = Total cost / Number of expected people to pay = $500 / 80 = $6.25 per person.
Therefore, city officials should charge $6.25 per person for the concert series in order to cover the $500 expense.
Answer: Option D
Explanation: In simple words, controlling refers to the function of management in which manager sets the standards of performance, compares the performance with the standards and take corrective actions in case of any discrepancy.
Controlling helps the organisation to achieve its goals by making the employees working towards the same goal determined in the planning stage. Controlling sets the standards of performance for the employees which works as a guide in their job.
Hence the correct option is D.
Answer:
will, is obligated, exceed, discount,
Explanation:
The complate question is:
Bond valuationThe process of bond valuation is based on the fundamental concept that the current price of a security can be determined by calculating the present value of the cash flows that the security will generate in the future.There is a consistent and predictable relationship between a bond’s coupon rate, its par value, a bondholder’s required return, and the bond’s resulting intrinsic value. Trading at a discount, trading at a premium, and trading at par refer to particular relationships between a bond’s intrinsic value and its par value. These result from the relationship between a bond’s coupon rate and a bondholder’s required rate of return.Remember, a bond’s coupon rate partially determines the interest-based return that a bond (might/will)...........pay, and a bondholder’s required return reflects the return that a bondholder(would like/is obligated).............to receive from a given investment.The mathematics of bond valuation imply a predictable relationship between the bond’s coupon rate, the bondholder’s required return, the bond’s par value, and its intrinsic value. These relationships can be summarized as follows:• When the bond’s coupon rate is equal to the bondholder’s required return, the bond’s intrinsic value will equal its par value, and the bond will trade at par.• When the bond’s coupon rate is greater to the bondholder’s required return, the bond’s intrinsic value will (be less than/exceed/equal)................its par value, and the bond will trade at a premium.• When the bond’s coupon rate is less than the bondholder’s required return, the bond’s intrinsic value will be less than its par value, and the bond will trade (at a premium/at par/at a discount).............................For example, assume Noah wants to earn a return of 9.00% and is offered the opportunity to purchase a $1,000 par value bond that pays a 7.50% coupon rate (distributed semiannually) with three years remaining to maturity.
Answer:
Unitary fixed overhead= $3.24
Explanation:
Giving the following information:
When it produces and sells 4,000 units, its average costs per unit are as follows:
Fixed manufacturing overhead $ 4.05
<u>First, we need to calculate the total fixed overhead:</u>
<u></u>
Total fixed overhead= 4.05*4,000= $16,200
<u>Now, for 5,000 units:</u>
Unitary fixed overhead= 16,200/5,000
Unitary fixed overhead= $3.24
