Answer:
Explanation:
This action is only permitted if the customer returns the signed margin agreement promptly. Since a margin agreement is an agreement between a brokerage and a client governing a margin account and allows the client to borrow from the brokerage in order to buy securities. Without agreeing to all the details in this contract the individual cannot trade on a margin account or borrow money.
Answer:
28.85
Explanation
Keanu has decided to save a fixed amount of 70,000 for a given period. We would need to calculate the number of years to achieve 7,796,223 using the FVIFA formula (Future value interest for an annuity)
Fixed payment× FVIFA=Future value
<em>FVIFA</em> = 
where r is the periodic rate (9%)
and n is the number of periods
therefore; 70000×
=7796223
=(7796223×0.09)/70000
n=27.85
However, since Keanu will not invest until the end of the first year, he will spend 28.85 years to achieve his goal
Answer:
goods (like foods or necessities)
Explanation:
Answer:
The answer is: $57.30
Explanation:
To determine the expected value of each warranty policy that was sold, we can use the following formula:
expected value = policy price - (probability of failure x cost of replacement)
expected value = $60 - (0.6% x $450)
expected value = $60 - $2.70 = $57.30
Answer:
hope the images above answer your question.
Explanation:
Hope this helps!
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