Personal qualifications, occupational requirement, responsibilities, financial remuneration (pay) , working conditions.
Days off and vacation flexibility are 2 examples of things that fall under the working conditions category.
Answer:
Yes they can be used to purchase goods or invest in a business.
Explanation:
Loans from formal channels like banks and government agencies are usually given for an specific purpose if you own a business or can be handed out for any type of personal use if you request them as an individual. This applies to developed and developing countries.
Loans from informal channels can also be used by a business, specially small businesses, and obviously personal use. Large businesses will probably not take a loan from an informal channel since the interest rates will probably be higher and the amounts will be too small. But even on developed countries, someone who has just graduated can ask his/her parents or a friend for a loan to start a small business or buy a car. Informal channels are based on personal relationships and even though they don't represent a large percentage of loans in developed countries, they also exist.
Answer:
Explanation:
(a) i. Payment = $7000
For cash flow payment = $750 (Per year at 5%, for 12 years)
= 750*8.863
= $6697.25
This shows it is better to receive $7000 right now.
ii. FV = $10000
PV = FV(P/F, 5%, 10 years)
= 10000*0.6139
= $6139
And Payment of $1000 per year, for 5 years
PV = 1000 (per year at 5%, for 5 years)
= $1000*7.722
= $7722
It is better to get $1000 per year for 5 years
(b)i. PV = $1000
fV = $1402.55
Interest = i
by formula
1000 = 1402.55 (p/f, i, 5)
1000 =
=
1 + i = 1.069
Collect like terms
i = 1.069 - 1
i = 0.069
i ≈ 7%
ii. PV = $166666.67
Perpetuity = 15000
interest is unknown
166666.67 = 15000/i
i = 15000/166666.67
i = 0.089
i ≈ 9%
Answer:
a) Zero
Explanation:
As we know that
beta = Covariance (Stock return , Market return) ÷ market return variance
Now in the case when the covariance of return that lies between the stock and the market equivalent to zero so the beta of the stock would be zero
As if you divide by zero so the result would be zero
Therefore as per the given option, the option A is correct
Answer:
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
Explanation: