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3 years ago

What percent of rich people are self made in the USA?

Business

1 answer:

GaryK [48]3 years ago

6 0

In 2012,70%of rich people were self made in the USA.That is the updated answer in 2012.

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Two 1000 dollar face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the redemp

finlep [7]

Answer:

$ 915.71

Explanation:

In order to determine the second bond price we need to determine the number of years to maturity of the first bond using nper formula in excel.

=nper(rate,pmt.-pv,fv)

rate is the semiannual interest rate of 6% (12%*6/12)

pmt is the semiannual interest=$1000*8.3%*6/12=$41.50

pv is the current price at $813.04

fv is the face value of $1000

=nper(6%,41.50,-813.04,1000)= 16.00

The years to maturity=16/2=8 years

The years to maturity of second bond=8+3=11 years

price of second bond=-pv(rate,nper,pmt,fv)

rate is 6%

nper is 11 years multiplied by 2= 22

pmt =5.3%*$1000=$53

fv is $1000

=-pv(6%,22,53,1000)=$915.71

5 0

3 years ago

Read 2 more answers

Milton friedman argued that consumers are more likely to alter their behavior based on.

Bess [88]

The Right Response is Option C which is Long Term Changes in the Economy.

<h3><u>Why Did Friedman Argued So?</u></h3>

The concept of monetarism, which refers to the management of money in the economy, was developed by Milton Friedman. According to Friedman, changes in the money supply can have both long- and short-term consequences.

Friedman suggested that long-term changes in the economy had an impact on consumer behavior. Long-term economic developments have an impact on how consumers behave while making purchases. For instance, if long-term economic trends are favorable, consumer spending will rise; otherwise, it would fall.

Therefore, "long-term changes in the economy" is the right response.

To learn more about Long Term Changes in the Economy. Click the links.

brainly.com/question/20822981

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Correct Question - Milton Friedman argued that consumers are more likely to alter their behavior based on

a) changes in the unemployment rate.

b) short-term changes in the economy.

c) long-term changes in the economy.

d) changes in the inflation rate.

4 0

1 year ago

Leasing a car may be a better option than buying a car

AfilCa [17]

If you do t plan on having it for a long time, then you don’t have to worry about the maintenance issues and upkeep.

5 0

2 years ago

Read 2 more answers

A budgeting process where individuals who are impacted by a budget are directly involved in its development is called: A. parti

lina2011 [118]

Answer:

A. participative budgeting

Explanation:

Participative budgeting -

It refers to the type of method of budgeting , where the person implementing the budget as well as the person getting affected by the budget are involved in the process of creating the budget , is referred to as participative budgeting .

In this method the top - level managers are supposed to share the decision of budgeting with the bottom - level managers as well .

Hence , from the given information of the question ,

The correct answer is A. participative budgeting .

6 0

3 years ago

Roz takes care of the neighborhood children, and in exchange, she is given

Marina86 [1]

Answer:

Bartering

Explanation:

5 0

3 years ago