Answer:
The answer is £0.2055/$
Explanation:
Exchange rate is the price of one currency in terms of another. It is also the number of units of one currency(price currency) that one unit of another currency(base currency) will buy.
In US, an ounce of gold = $20.67
In british, it costs £4.2474
Therefore, exchange rate of pounds per dollar =
£4.2474/$20.67
=£0.2055/$
Buy the car if it is good quality... or if he has enough money
Values play a central role in ethical decision making.It is because core values are so subjective, they will be relative to the individual who holds them. Not all individuals have the same core values and conflicts about them will often arise.
$2,095.30 interest will she pay by the time the loan is repaid
Solution:
The $5,500 guaranteed Stafford loan is taken from Gertrude.
The loan has a monthly compounding interest rate of 6.8 percent.
Price current= $5,500.
Present Value = $5,500
Time period = 10 years
So , N = 10 x 12 = 120 months.
Interest rate, R = 6.8/1200 = 0.005666667
PV = Pmt * [1 - (1+R)^(-N)]/(R)
5500 = Pmt * [1 - (1+0.005666667)^(-120)]/(0.005666667)
Pmt = $63.29418157
She got full refund. = 63.29418157 x 120 = $7,595.30
Interest paid = Total repayment - Loan Principal
= $7,595.30 - $5,500
= $2,095.30
Answer:
Price earning ratio= 8 times
Explanation:
Price earning ratio = Price per share /Earnings per share
Price per share = 56, EPS =?
Price per share =56, EPS = Total earnings available to ordinary shareholders/Number of shares
7,000,000/1,000,000= $7 per share
Price earning ratio = 56/7= 8 times
Price earning ratio= 8 times