Answer:
$6,541.32
Explanation:
the formula that would be used to solve this question is :
The formula for calculating present value:
FV x (1+r)^-n = P
FV = Future value = $9,963
P = Present value
R = interest rate = 5.4%
N = number of years = 8
$9,963 x (1.054)^-8 = $6,541.32
Answer:
15.83%
Explanation:
Calculation to determine is the standard deviation of the returns on Kurt’s Adventures, Inc. stock
First step is to determine l E(r)
E(r) = (.30 *.30) + (.55 *.12) + (.15 *-.20)
E(r)= .09 + .066 -.03
E(r)= .126
Second step is to determine Var
Var = .30 *(.30 -.126)^2 + .55 *(.12 -.126)^2 + .15 *(-.20 -.126)
Var=0090828 +.0000198 + .0159414
Var= .025044
Now let determine the Std dev
Std dev = √.025044 = .15825
Std dev= 15.83 percent
Therefore the standard deviation of the returns on Kurt’s Adventures, Inc. stock.is 15.83 percent
Answer:
Alternatives :
1. Bank Overdraft facility
2.Suppliers Credit
Cost determination :
1. Bank Overdraft facility = Interest rate charged on the facility by the bank
2.Suppliers Credit = Opportunity cost of losing the early settlement discount.
Explanation:
If the company can not access sufficient external financing, consider internal sources such as bank overdraft or suppliers credit.
The cost of bank overdraft is evaluated based on the interest rate charged by the bank whilst the cost of the suppliers credit is determined by considering the opportunity cost of losing the cash discount available.
Answer:
c. was assassinated by an unsuccessful office seeker
Explanation:
James A. Garfield was the 20th president of USA and he was the first sitting member of congress to be elected as the president of the nation. His service was short lived only for six and a half months until his death by assassination.
He was shot dead by Charles J. Guiteau at the Baltimore and Potomac Railroad Station in Washington, D.C. and died in Elberon, New Jersey. Guiteau's motive was avenge against Garfield for an imagined political debt.
Hence the correct option is c. was assassinated by an unsuccessful office seeker.
