Answer:
$8,120
Explanation:
<em>To calculate the proceeds, the gross proceed less the discount charged by the bank. The gross proceed is the total amount that would have been received should the note is held to maturity.</em>
Gross proceed= P + (P×R×T)
P- 8,000 R- 6%, T- 10/12
Gross proceed = (8,000 + 8,000× 6%× 10/12)
= $8,400
Discount charges = Gross proceed × discount rate × time to maturity
Time to maturity = 10 - 5 = 5 months
Discount rate - 8%, Time- 5/12
Discount charges = 8400× 5/12× 8% = $280
Proceeds to be received = $8,400 - $280
= $8,120
Answer:
Option D
Explanation:
When providing an online service, a company firstly targets to reach the maximum audience. With the increase in reach of audience the chances and feasibility of sales also increases.
But, still there are many customers who desire to have a free trial of service, in order to ensure themselves about the quality and detailed description of service.
In case company agrees to provide free trial, those customers are also satisfied and tend to avail the online service.
Thus, although the sales is directly proportional to the number of visitors, but it would definitely increase by providing the free trial of online service, as ensures more satisfaction in customers.
Final Answer
Option D
The correct statement is that the minimum contribution to be saved by Jarrod on a monthly basis should be $461. So, the correct option from the choices given above is B.
The monthly contribution can be calculated by taking into consideration the rise in tuition fee and then dividing such obtained amount by number of months left for such accomplishment of savings.
<h3>Calculation of monthly contribution.</h3>
- The formula for calculation of tuition fees of university will be computed by the formula using the given information as,
- The monthly contribution can be calculated by using the available values in the formula as,
- So the approximate monthly contribution to be made by Jarrod will be $461 every month.
Hence, the correct option is B that the approximate minimum monthly contribution to be made by Jarrod to save for university tuition fee will be $461.
Learn more about monthly contribution here:
brainly.com/question/6189853
Answer:
True
Explanation:
until the bond matures the market value of the bond will always be below its par value. Especially if the required rate of return on a bond (rd) is greater than its coupon interest rate.
Hence the statement is very true.
Answer:
forming a work team. A company unit responsible for its own costs and profits is referred to as______ -departmentalization. -specialization.
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