Answer:
Number of year = 41.8 (Approx)
Explanation:
Given:
Total amount Amanda want (Future value) = $500,000
Amanda investment amount (Present Value) = $36,000
Rate of interest (r) = 6.50% = 6.50 / 100 = 0.065
Number of year (n) = ?
Computation of Number of year:
Number of year = 41.8 (Approx)
Before a business selects the process of transporting their goods, they need to consider some important steps in the transportation process. How long will the items take to reach their destination? How soon would the supplier need the product once they are produced? Which option would be the quickest? Safest? Businesses should also consider the self-life of their product. Is the item perishable? What is the weight of the item/s being transported?
Answer:
metropolitan .....................................
Answer:
b. Special damages
Explanation:
Damages are remedies paid to claimants or plaintiffs as compensation for loss or injury caused by the defendant.
Special damages compensate the claimant for quantifiable monetary losses which can be either direct losses or consequential damages. For example the cost of replacement of damaged property is categorized as a direct loss and lost earnings relates to consequential damages.
The $100,000 worth of porcelain that was damaged is a direct loss which may be recovered by CraftCo under special damages.
Answer:
YTM = 0.06409 or 6.409% rounded off to 6.41%
Explanation:
The YTM or yield to maturity is the yield or return that the bond will provide if it is purchased today and held till maturity. The formula to calculate the YTM will be,
YTM = [ (C + (F - P)/n) / ((F + P)/2) ]
Where,
- C is the coupon payment
- F is the face value of the bond
- P is the current value
- n is the number of years to maturity
Coupon = 1000 * 0.07 = 70
YTM = [ (70 + (1000 - 1062.50)/16) / ((1000 + 1062.50)/2) ]
YTM = 0.06409 or 6.409% rounded off to 6.41%
