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sergij07 [2.7K]
3 years ago
6

Sarah is concerned about identity theft. She wants to check her overall credit worthiness. Sarah should MOST LIKELY

Business
1 answer:
ElenaW [278]3 years ago
5 0

The answer is: D) check her credit history from a credit reporting agency.

Credit worthiness Credit reporting agency would determine the likelihood  that a person would abandon all of his/her credit obligation.  Credit reporting agency could measure a person's credit worthiness by considering several factors such as the amount of time Sarah late in making the payment, the amount of debt ratio compared to total earning, etc.

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Irene plans to retire on January 1, 2020. She has been preparing to retire by making annual deposits, starting on January 1, 198
worty [1.4K]

Answer:

$16,876

Explanation:

first we have to calculate how much money Irene saved until January 1, 2001:

P = PMT ×   [(1 + r)ⁿ - 1] / r

  • PMT = 2,300
  • r = 8.4%
  • n = 22

P = 2,300 ×   [(1 + 8.4%)²² - 1] / 8.4% = $134,089

if she stops making any more payments, in 19 years those $134,089 will be worth:

FV = PV x (1 + r)ⁿ

  • PV = $134,089
  • r = 8.4%
  • n = 19

FV = 134,089 x (1 + 8.4%)¹⁹ = $620,797

that means she still needs to get $1,350,000 - $620,797 = $729,203

we can use the first formula to determine the payments she will need to make during the next 19 years:

P = PMT ×   [(1 + r)ⁿ - 1] / r

  • P = 729,203
  • r = 8.4%
  • n = 19
  • PMT = ???

PMT = P /  {[(1 + r)ⁿ - 1] / r}

PMT = 729,203 / {[(1 + 8.4%)¹⁹ - 1] / 8.4%} = 729,203 / 43.21 = $16,876

7 0
3 years ago
Stein Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If these bonds
kherson [118]

The annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.

<u>Given data</u>

Coupon rate (CR) = 5.4%

Current price (B0) = 94%

Assuming maturity value (MV) = 100%

Years to maturity (n) = 15.

<h3>What is the Annual YTM?</h3>

YTM = CR + ((MV − B0)/n) / ((MV + B0)/2)

YTM = 5.4% + (100% - 94%)/15) / (100% + 94%)/2)

YTM = 0.054 + (-0.03866666666) / 0.97

YTM = 0.01533333334 / 0.97

YTM = 0.015333 * 2

YTM = 0.030666

YTM = 3.07%

In conclusion, the annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.

Read more about  Annual YTM

<em>brainly.com/question/15711043</em>

7 0
2 years ago
Dion, an accountant for Entertainment Sports, Inc., attempts to apply a duty-based approach to ethical reasoning in conflicts th
DaniilM [7]

Answer:

Avoid unethical behavior regardless of the consequences.

Explanation:

Unethical behavior has genuine ramifications for the two people and associations. You can lose your employment and notoriety, associations can lose their believability, general spirit and profitability can decrease, or the conduct can bring about critical fines and additionally monetary misfortune.  

Among the most exceedingly awful impacts of exploitative conduct on business is that an organization can't manufacture or keep up any long haul associations with clients.

4 0
3 years ago
__________is the ability to increase or decrease resources for any given workload. You can add additional resources to service a
dybincka [34]

Answer:

Scalability

Explanation:

Scalability is the ability to increase or decrease resources for any given workload.

  • When the resource is increased by the addition of more resources to service a workload, it is known as Scaling Out.
  • When the resource is decreased by the reduction of resources to service a reduced workload, it is known as Scaling In.
  • When additional capabilities is added to manage an increase in demand to the existing resource , it is referred to as Scaling Up.
  • Likewise, when capabilities is reduced to manage a decrease in demand to the existing resource , it is referred to as Scaling Down.

Scaling does not have to be done automatically.

4 0
3 years ago
Read 2 more answers
What are the two major components of a working capital management strategy
Sliva [168]

Answer:

The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.

6 0
2 years ago
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