This is a tricky answer, because:
the length of the loan, the interest rate, and the down payment will all affect the total cost of the loan
--BUT--
your credit history can help determine the interest rate you are offered, the length of the loan offered, and the downpayment required.
I think this is an unfair question, but the answer the teacher is looking for is A. credit history because it has an INDIRECT effect on total cost and not a DIRECT effect like the others.
Confidentiality is the answer you are looking for
To know how much will be you collection worth when you retire
in the year 2064, we will use the formula of the future value or FV.
To find the FV of a lump sum, we use:
<span>
FV = PV(1 +r<span>)^t where,</span>
t = 2064 – 1952 = 112
r = 4.5 x 100 = 0.45
PV = $54
Solution:
t<span>FV = $54(1.045)^112 = $7471.68</span></span>
Answer:
See answers below
Explanation:
Common stock ownership grants its holders the right to the following.
- right to receive a dividend when declared by the company. A dividend is a part of the profit for a given year that the management of a company has deemed fit for payment to the shareholders of the company
- right to attend and vote in a meeting of the stockholders/shareholders
- right of first refusal when the company wishes to raise additional capital. This means shareholders must be offered the option of providing the additional capital needed by the company first, before the option to raise outside capital can be taken.
