Answer:
Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.
Explanation:
Answer:
Either A or E (probably more A)
Hope this helps :)
Answer:
B. Dominant Strategy
Explanation:
A dominant strategy is one in which the individual wants higher payoff regardless of its others choice. In this strategy the individual does not consider what other players strategy is. They are looking for maximizing their returns.
In the given scenario Joe is also considering dominant strategy as he is not concerned with what strategy Sam will follow. Joe wants to keep its price at $3 per gallon even if Sam cuts the price.
Answer:
$1,045.05
Explanation:
If a Note is issues below the face value, it is issued on discount. This discount is recorded and amortized on Note's period to maturity. This amortized Discount will be added to the the coupon payment to calculate the interest expense for the year.
Discount on Note = $360,000 - $340,497 = $19,503
Amortized Discount = $19,503 / 3 = $6,501
Interest Expense = Coupon Payment + Amortized Discount = ($360,000 x 4%) + $6,501 = $20,901 per year = $1,045.05 per six month
