Answer:
FV= $22,333.56
Explanation:
Giving the following information:
Semi-annual investment= $750
Interest rate= 0.08/2= 0.04
Number of periods= 10*2= 20
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= semi-annual deposit
FV= {750*[(1.04^20) - 1]} / 0.04
FV= $22,333.56
By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.
<h3>What is an empirical probability?</h3>
It should be noted that empirical probability simply means a experimental probability that is based on historical data.
In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.
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Answer: The Truth in Lending Act (TILA) of 1968
Explanation: TILA is a law enacted by the USA federal law to protect lenders and consumers generally are treated justly.
The laws requires lenders to disclose the APR (annual percentage rate) of loans, finance charge, repayment schedule and total repayment amount in the documents to be sent to and signed by the lenders.
This is to control the excesses of lenders and the terms used in the contact must be simple to understand by the borrowers.
Answer:
C. lower costs to attend
Explanation:
A technical school is a two year college program in fields like business, engineering, community work, among others. One of the benefits of attending a technical school program is the lower costs to attend compared to a four year college as the programs are shorter which means that the tuition fees are lower. Also, in most cases, the tuition in a technical school includes all the things that the student will need in the program, for example, books.
Answer: (A) Unfair competition argument
Explanation:
The unfair competition argument is one of the type of common argument that helps in applying while taking various types of unfair decisions in an organization.
It is one of the intellectual branch that basically substitute the competitor's products and the items in the market by using the deceiving techniques or methods.
According to the given question, Lobbyist is basically using the various types of Unfair competition arguments for the purpose of argue for the trading restriction on the steel rods as the foreign producers are using their unfair benefits over the domestic manufactures.
Therefore, Option (A) is correct answer.