Answer:
$2,933.40
Explanation:
For computing the owed amount, first we have to compute the daily rate per day which is shown below:
= Rent received ÷ number of days in a month
= $4,400 ÷ 30 days
= 146.67 per day
We know that the number of days in a month is 30 days and the landlord received a rent on December 10, so the remaining days would be 20 days ( 30 days - 10 days of march month)
Now the owed amount would be
= Remaining days × per day rate
= 20 days × 146.67
= $2,933.40
The correct answer is - Growth Oriented Investments.
The young investors are basically more interested in increasing their capital by frequent investments, thus they follow growth oriented investment.
Investment
- Where young investors are more interested in growth oriented investments, on the other hand, the older investors are more interested in conservative form of investments
- It is said that those who can take risks and want to grow their capital, usually invest in growth oriented investment, whereas those who want to take the minimum risk and want to invest in less risky options, they are called conservatives.
- For example, the young investors go for equity investment whereas older investors prefer fixed deposits.
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Answer:
Uneven distribution of natural resources often leads to countries trading with one another, explain how
In ancient times, trade by barter was first employed for trading as a result of uneven distribution of natural resources which calls for need for transacting with other countries. It has greatly benefited countries in such a way that it strengthens the tie between them and make wealth to be well distributed as the country with least natural resources still has something to sell to those with many. e.g Crude oil from Nigeria to other part of the world has made it easier for Nigeria and this still remains their major natural resources used in international trade for money and it has helped to boost their economy since oil was detected.
Explanation:
Answer:
Percentage of total return = 7.93%
Explanation:
As per the data given in the question,
Number of share = 160
Value = $27 per share
Gain distribution = $0.14 cent per share
Market value of fund = $25 per share
Total return for investment = $0.14 × 160 + ($27 - $25) × 160
= $342.5
The value of total return percentage = $0.14 × 160 + ($27 - $25) × 160 ÷ (160 × $27)
= 0.0793
=7.93%
