Which option most accurately explains what take-home pay is?

A federal law that requires creditors to disclose the annual percentage rate (APR) and the finance charge as a dollar amount is

Nikolay [14]

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.

8 0

4 years ago

Steel Authority of India Ltd. (SAIL) is contributing regularly for education, agriculture, health care and clean drinking water

Ierofanga [76]

Answer:

Corporate social responsibility

Explanation:

In simple words, the given statement signifies corporate social responsibility. Corporate social responsibility (CSR) can be understood as the sort of worldwide commercial corporation self-regulation which tries to participate to humanitarian, activism, or philanthropic communal objectives by contributing or sponsoring ethically-oriented actions. Businesses are progressively resorting to corporate social responsibility (CSR) to make a significant change and develop a positive image.

3 0

4 years ago

"A cleaning company uses $10 of chemicals, $40 of labor, and $5 of misc. expenses for each house it cleans. After some quality c

Rus_ich [418]

Answer:

multifactor productivity = 8.3%

Explanation:

given data

Total cost for chemicals = $10

Total cost of labor = $40

Total cost of misc = $5

use of chemical = 50%

solution

first we get here total initial cost that is

total initial cost = 10 + 40 + 5

total initial cost = $55

and

Increase in cost of chemical is = 10 + (0.5) × (10)

Increase in cost of chemical = 15

so Total increase in cost will be

Total increase in cost = $15 + $40 + $5

Total increase in cost = 60

so

increase in cost % = $\frac{initial\ cost}{incresed\ cost}$ × 100

increase in cost % = $\frac{55}{60}$ × 100

increase in cost % = 91.67 %

so

change in multifactor productivity is = 100% - 91.7%

multifactor productivity = 8.3%

3 0

3 years ago

When assembling a Disaster Supply Kit for a hurricane which of the following items should you include? A. All of the answers are

RUDIKE [14]

A all answers are necessary

5 0

4 years ago

Read 2 more answers

Malmentier SA stock is currently priced at $85, and it does not pay dividends. The instantaneous risk-free rate of return is 5%.

Annette [7]

Answer:

you should hold <u>76</u> shares of stock per 100 put options to hedge your risk.

Explanation:

Current stock price, S = $85

Risk-free rate of return, r = 5%

Standard Deviation, v = 25%

Exercise price, X = $90

expiration date, t (in years) = 30 days = 1 month = 1/12 = 0.083333 years

The option price (OP) is given by the formula:

$OP = Xe^{-rt} * N(-d_{2} ) - S*N(-d_1)$

$d_1 = [ln(S/X) + (r + v^{2} /2)t]/vt^{0.5}\\d_1 = [ln(85/90) + (0.05 + 0.25^{2} /2)*0.08333]/(0.25*0.08333^{0.5})\\d_1 = -0.6982$

$d_2 = d_1 - (vt^{0.5})\\d_2 = -0.6982 - (0.25*0.08333^{0.5})\\d_2 = -0.7704$

Using the pro-metric calculator for the cumulative normal distribution:

N(-d1) = N(- (-0.6982)) = N(0.6982) = 0.75747

N(-d2) = N(-(-0.7704)) = N(0.7704) = 0.77947

$OP = Xe^{-rt} * N(-d_{2} ) - S*N(-d_1)$

$OP =[ 90e^{(-0.05*0.08333)} * 0.77947] - (85*0.75747)\\OP = 5.48$

Note that N(-d₁) = 0.76

This means that 76/100 (i.e to hedge your risk, you should hold 76 per 100 put options )

8 0

3 years ago