Money laundering involves three steps: The first involves introducing cash into the financial system by some means ("placement")
Answer:
Explanation:
This is an annuity question. You can solve this using a financial calculator with the following inputs;
Present value ; PV = -20,000
Duration; N = 15 payments
2 year interest rate; I = [(1.07)^2 ] -1 = 14.49%
One-time future cashflow; FV = 0
Then compute recurring payment ; CPT PMT = $3,336.28
Therefore, you'll pay $3,336.28 every 2 years
Answer:
The correct answer is option c.
Explanation:
Variable cost is the cost incurred on the variable factors. In the production process, to increase output more variable inputs are hired. So, the total variable cost will increase with an increase in production.
But the variable cost per unit is the variable cost incurred on a single unit of output. This will remain the same throughout the process and change only if there is a change in input prices.
The correct answer for the given question above would be option C. Bonds, compared to stocks, have the characteristic of having maturity dates. Maturity date<span> refers to the final payment </span>date<span> of a loan or other financial instrument in which the principal is due to be paid. Hope this answer helps.</span>
