1) A zero coupon bond is a bad choice for Ralph because it is a bond bought at a very deep discount but does not earn any interest. He will only get the face value of the bond when it matures.
2) Defaulting means being unable to pay for the debt in time. They will pay for the debt when they have the available funds to do so. Allison will just have to wait until the Greek government has enough money to cover their debts.
For this problem, we can assume the total money is X, than we can get the equation of: 0.08*X*12=7680, than we can know X=8000, therefore, Mike's grandmother deposit 8000 in the account.
Answer:
1
Step-by-step explanation:
es el número de veces que respiras por minuto
Answer:
The formula for the volume of a sphere is V = 4/3 πr³.
Step-by-step explanation: