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3 years ago

Describe some of the mistakes americans often make when it comes to money

2 answers:

8 0

Some of the mistakes that we made are:
- Getting loans unthoughtully
- Buying things that we don't actually need before we managed to fulfill all basic needs for our living.
- Too late to invest. In order to financially secure, it's best to set asie an investment and let the profit compound.

vovangra [49]3 years ago

3 0

<span>Some of the most common mistakes that Americans make most often when it comes to money are taking out too many loans, buying objects they cannot afford to purchase, and going deeply into debt that it is impost impossible to climb out of.</span>

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Compute the yield to maturity of a $100 face value zero-coupon bond that matures in exactly one year and has a current market pr

Step2247 [10]

Answer:

Yield to maturity is 1.51%

Explanation:

Zero Coupon rate does not offer any coupon payment and it is issued at deep discount value.

Face value = F = $100

Price = P = $98.50

Year to mature = n = 1 year

Yield to maturity = ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = ( $100 - $98.5 ) / 1 ] / [ ( $100 + $98.5 ) / 2 ]

Yield to maturity = $1.5 / 99.25

Yield to maturity = 0.0151

Yield to maturity = 1.51%

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3 years ago

Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The

frutty [35]

Answer:

$400,000

Explanation:

Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment

Differential revenue= $200x2,000 units

Differential revenue= $400,000

Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000

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To learn more about Environmental Protection Agency refer,

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