Answer:
The nominal interest rate which the bank will offer is of 10.24%
Explanation:
according to Irwin formula the bank will charge a nominal rate that ensures a real rate of 6% thus:


1.06*1.04-1 = 0.1024 = 10.24%
They are a safety requirement in which if a person gets into a incident for example, in a car crash the person will be safer than just being without protection in the vehicle they are being transported or driving in
The 529 plan is the plan that offers a tax-free education
Answer:
Option d (Self-leadership) seems to be the appropriate response.
Explanation:
- Self-leadership seems to be a process through recognizing whoever you are, defining certain ideal perceptions, as well as consciously leading yourself towards yourself.
- It, therefore, tells people who you are, but whether you're a certain kind of individual individuals would like to emulate.
Other possibilities aren't connected to the circumstance in question. So that is indeed the right choice.
Answer:
The total dollar return on this investment is $1765
Explanation:
The total dollar return on the investment by Sue is a sum of the interest earned by Sue during this period and the profit due to the increase in bid/ask price of the bond.
Interest earned = [(0.035/2) x $100,000] = $1750;
The selling price by Sue today will be the bid quote today and for the purchase price on which Sue bought the bond we will take the asked quote on purchase.
bid quote today = 124.2175
asked quote on purchase = 124.2025
Profit earned on selling = (Bid quote today - Asked quote on purchase) * $100,000
= [(124.2175 - 124.2025) x $100,000] = $15
Total return = $1750 + $15 = $1765