Interest rate is the cost of borrowing money. when you borrow money from a bank, a certain amount of money is placed on it that you pay back in respect to how long it takes you to pay.
Answer:
Stephen William Hawking CH CBE FRS FRSA was an English theoretical physicist, cosmologist, and author who was director of research at the Centre for Theoretical Cosmology at the University of Cambridge.
He was born on 8th January 1982 he was born in Oxford, United Kingdom. He grew up at St. Albas,he eldest of four siblings. His father Frank Hawkins, was a research biologist and his mother a medical research secretary, so it was not surprising that he was interested in science.
His mom was Isobel Hawkins who was a Scottish.
He died on 14th March 2018.Hawking's cause of death was likely amyotrophic lateral sclerosis, or ALS, a neurodegenerative disease that wears away at nerve and muscle function over time.
Explanation:
Hope this helps you
Crown me as brainliest:)
Answer:
Price = $3,241,718
Explanation:
To calculate issue price of the bonds we first calculate NPV of the bonds after 12 years and Interest payments of the bonds for 12 years.
NPV can be calculated by : Bond value * NPV factor after 12 years
so, Bond Value after 12 years = $3700 000 * 0.2567 = $949,790
We take the market interest rate for this.
Now we calculate Yearly interest payment = 3700000 * 10% = $370,000
we discount it back using annuity for 12 years so, 370000 * 6.1944 = $2,291,000. This is the total interest payments for 12 years in NPV terms.
To calculate issue price simply add Interest payments and Bond NPV value so,
Price = 2291000 + 949790 = $3,241,718
Hope that helps.
Answer:
$7.57
Explanation:
Return on investment (ROI) = Net profit/Investment = 14%
Net profit/$1,300,000 = 14%
Net profit = $1,300,000 × 14% = $182,000
Total costs = Variable costs + Fixed costs = $125,000 + $450,000 = $575,000
Total revenue = Total costs + Net profit = $575,000 + $182,000 = $757,000
Target selling price = Total revenue/Units produced and sold = $757,000/100,000 = $7.57