Answer:
A financial system functions as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit. It is a composition of various institutions, markets, regulations and laws, practices, money managers, analysts, transactions, and claims & liabilities.May 29, 2016
(can u flag me)
Answer:
True
Explanation:
The Statute of Frauds requires some type of contracts to be put in writting. Some of theses agreements includes: any goods worth $500 or more, sale of land and contracts that can exceed a year. Statute of frauds is gotten from an Act of the Parliament of England (29 Chas. 2 c. 3) passed in 1677 (authored by Lord Nottingham assisted by Sir Matthew Hale, Sir Francis North and Sir Leoline Jenkins.
One of the requirement of the written agreements under the Statute is that the signature of both parties involved in the agreement is needed.
Answer:
<em>It will take 9 months longer to repay this loan</em>
Explanation:
<u>Financial Loan Payments</u>
Let's assume a loan has been received for a present value PV at an interest rate i during n periods. Being R the amount of each payment, then
![\displaystyle PV=R\cdot \frac{1-(1+i)^{-n}}{i}](https://tex.z-dn.net/?f=%5Cdisplaystyle%20PV%3DR%5Ccdot%20%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D)
Solving for n we have
![\displaystyle n=-\frac{log\left(1-PV.i/R\right )}{log(1+i)}](https://tex.z-dn.net/?f=%5Cdisplaystyle%20n%3D-%5Cfrac%7Blog%5Cleft%281-PV.i%2FR%5Cright%20%29%7D%7Blog%281%2Bi%29%7D)
The first agreement of payment has the following data
![PV=6,800](https://tex.z-dn.net/?f=PV%3D6%2C800)
![i=6.75/(12\cdot 100)=0.005625](https://tex.z-dn.net/?f=i%3D6.75%2F%2812%5Ccdot%20100%29%3D0.005625)
![R=310](https://tex.z-dn.net/?f=R%3D310)
Computing n
![\displaystyle n=-\frac{log\left(1-6,800\cdot 0.005625/310\right )}{log(1+0.005625)}](https://tex.z-dn.net/?f=%5Cdisplaystyle%20n%3D-%5Cfrac%7Blog%5Cleft%281-6%2C800%5Ccdot%200.005625%2F310%5Cright%20%29%7D%7Blog%281%2B0.005625%29%7D)
![n=23.5\approx 24\ months](https://tex.z-dn.net/?f=n%3D23.5%5Capprox%2024%5C%20months)
The new agreement changes R to 225, thus
![\displaystyle n=-\frac{log\left(1-6,800\cdot 0.005625/225\right )}{log(1+0.005625)}](https://tex.z-dn.net/?f=%5Cdisplaystyle%20n%3D-%5Cfrac%7Blog%5Cleft%281-6%2C800%5Ccdot%200.005625%2F225%5Cright%20%29%7D%7Blog%281%2B0.005625%29%7D)
![n=33.2\approx 33\ months](https://tex.z-dn.net/?f=n%3D33.2%5Capprox%2033%5C%20months)
This means that it will take 9 months longer to repay this loan
During communication between Herb and each of his teammates, there was some type of “blank space”. Herb was not communicating properly as a project manager should. His staff either did not understood what he was trying to say, missing information in his message, or did not communicated at all.
Alice- Encoding
Bob- Improper format for the message
Betty- Feedback
<span>Frank- Decoding/ Encoding</span>
Explanation:
When I think about the term marketing mix, I think about a set of tools that firms use to increase their profits such as price, product, promotion and place.