Did you get the answer I have the same question..
Answer:
Myron gains, while the bank loses.
Explanation:
Fallen in prices is usually cause by deflation i.e a general decrease in the prices of goods and services which enhances the purchasing power of money.
In this case, 5% fall in price will increase the value of the Myron investment with bank and caused bank more money .
I inferred from an economic perspective.
Answer:
<u>contributing to the creation of new jobs, new technology, and innovations, while increasing their countries GDP. </u>
Explanation:
This is so because entrepreneurs are usually termed the backbone of every economy. For example, a country's decisions about how much of a product to produce would depend on the number of entrepreneurs it has in the country's economy.
Thus, by contributing to the creation of new jobs, new technology, and innovations, entrepreneurs can shape the decisions of the country's government.
Pension plans, health insurance, paid vacation and holidays, and the like are non financial forms of compensation provided to employees.
<h3><u>
Explanation:</u></h3>
The term compensation refers to something that is given to an individual for the things lost or for some injuries that happened at the working place. They can be either monetary or non monetary compensation. Compensation plays a major role in motivating the employees and make them work effectively.
Financial forms of compensation includes bonus, commissions, overtime pay, profit sharing, stock options,etc. Non financial forms of compensation includes Pension plans, health insurance, paid vacation and holidays, retirement and employment services,etc.
Answer:
Future Value= $10,000
N=13*2=26
YTM=4.7/2=2.35
PMT=0
PV=?
Enter these in a financial calculator
$5,466.59
Explanation: