Answer:
a. $10,783.68
b. $10,510.36 semi annual compounding
Explanation:
a. This question requires the present value of $26,700 given 8 years and compounded annually at 12%.
Present Value = 
Present Value = 
Present Value = $10,783.68
He would need to invest $10,783.68 today.
b. This is a duplicate of question 1 but I will solve it assuming semi-annual compounding just in case.
12% per annum would become = 12/2 = 6% per semi annum
Number of periods would become = 8 * 2 = 16 periods
Present Value =
Present Value = 
Present Value = $10,510.36
He would need to invest $10,510.36 today.
Answer:
B. Executives
Explanation:
Option E is wrong. Students do not need high-end briefcases for school or other tasks.
Option D is incorrect. Postal workers do not need any expensive briefcases to carry postal service and letters.
Option C is false. Construction workers cannot afford expensive briefcases.
Option A is not correct. Police officers have not necessary to have those briefcases.
Option B is correct. Executives often need high-end briefcases to keep essential things with them. They can also afford expensive bags.
Answer:
Upper state = 135
Down State = 92
Difference = 135-92= 43
<u>Exercise Price</u> <u>Hedge Ratio
</u>
135 0/43 = 0.0000
122 13/43 = 0.302
112 23/43 = 0.535
92 43/43 = 1.000
This is an example of release. Group of answer choices release rescission novation waiver arbitration.
- A waiver happens when a party purposefully renounces their ability to enforce a contract.
- A release is created when one party declares the other side is not required to fulfill its obligations.
- Damages are amounts given as compensation for costs directly suffered as a result of a contract breach, such as costs incurred from another source.
- The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer.
What are the laws of contract?
- The area of law that deals with creating and upholding contracts is known as contract law.
- An agreement that can be upheld by a court is referred to be a contract.
- The body of legislation known as contract law regulates the formation of contracts, their performance, and the creation of just reparations in the event of a breach.
Learn more about laws of contract
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Answer: a. Supply
b. Adjust back
Explanation:
Classical economics explains the importance off aggregate supply, and the ability of an economy to adjust back to achieve it full employment equilibrium without help or assistance but by itself.
By attaining equilibrium it means that Owing to the fair operation of opposing forces, a state of rest or equilibrium. Equal balance of any forces, or factors.
