Answer:
$42.50
Explanation:
The computation of the amount received at the end of each six month period is shown below:
= Issued amount × rate of interest × number of months ÷ total number of months in a year
= $1,000 × 8.5% × 6 months ÷ 12 months
= $42.50
By multiplying the issued amount with the rate of interest and the number of months we can get the amount of the check and the same is shown above
Answer:
The correct answer is B.
Explanation:
Capital requirement, also sometimes called regulatory capital, means the standard requirement required of banks and other institutions where funds are deposited, a requirement that determines the maximum amount of capital required that the entity must maintain as a proportion of a certain level of assets according to the regulations of regulatory agencies such as the Bank for International Settlements, the Federal Deposit Insurance Corporation or the Federal Reserve Council. These capital requirements are imposed to ensure that these institutions do not participate or maintain investments that can increase their risk of bankruptcy and that they have sufficient capital to maintain their operational losses while still being able to take care of new withdrawals.
Answer:
$738.68
Explanation:
the price of the bond is $738.68.
