Thomas Robert Malthus is the economist who supported it the most
It means that the currency that exist in forex market could be either sold or bought by anyone around the world.
for example ,
I live in United states. But through forex market, i could easily buy or sell Yen currency, which is used in Japan
Uhhh well how much Equity has been profitable and it’s usually around 10 percent
Answer:
The annual payment to the lender is 
The monthly payment for the same loan assuming is 
Explanation:
Annual Payment 
Monthly Interest Rate 
Monthly payment:
Learn more about loan refer:
Answer:
6.997%
Explanation:
To find the answer, we use the Yield to Maturity (YTM) for a Zero Coupon Bond:
YTM = [(F/PV)^1/n] - 1
Where:
F: Face/Par value (the question is telling us that the par value of a 3-year bond is $816.367)
PV: Present Value (which is the same as the price: $1,000)
n: number of periods (in this case 3 years because the coupon is annual)
Now, we plug the amounts into the formula:
YTM = [($1,000/$816.37)^1/3]-1
YTM = 6.997%
