Answer:
1.10 dollars or 110 cents
Explanation:
We have a fall in the balance margin by contract.
We calculate the change as:
-1,500 =[ future price - (1.20)]*15000
We got 1.20 by dividing 120 by 10.
-1500 = [future price - (1.20)]*15000
Divide through by 15000
-1500/15000 = future price - 1.20
-0.10 = future price -1.20
Collect like terms
-0.10+1.20 = future price
1.10 = future price
Therefore the margin is $1.10 or 110 cents
Answer:
PV= $114,699.21
Explanation:
Giving the following information:
Annual payment= $10,000
Number of years= 20
Interest rate= 6%
<u>To calculate the present value, we need to use the following formula:</u>
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
A= annual payment
PV= 10,000*{(1/0.06) - 1 / [0.06*(1.06^20)]}
PV= $114,699.21
Answer:
The Ministry of Freedom Program was founded by Jono Armstrong who is a successful affiliate, generating 8-figure income. He's developed this full training + mentoring + coaching program to help others to achieve similar success.
