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4 years ago

"a(n __________ accepts savings and checking account deposits and provides home mortgage loans."

1 answer:

7 0

The answer that will fill in the blank is savings and loan association. It is because a savings bank has the capability of providing an individual the ability acquire loans and that they could save and deposit on their bank. The loan association also provide these instances for they have the capability to do so.

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2. A company's board of directors votes to declare a cash dividend of $.80 per share of common stock. The company has 16,000 sha

jeyben [28]

Answer for the first one is $12,800

6 0

4 years ago

You are promised that when you retire from your current job, in 40 years' time, you will receive a gold watch valued at $1 000.

xxMikexx [17]

Answer:

Present Value= $142

Explanation:

Giving the following information:

In 40 years, you will receive a gold watch valued at $1,000. The interest rate is 5%.

We have to calculate the value today of $1,000. To do this, we need to use the following formula:

PV= FV/ (1+i)^n

PV= 1,000 / (1.05)^40

PV= $142

8 0

3 years ago

A long-distance hiker is trying to choose the most energy-dense 250-calorie snack for her hike. which should she take?

attashe74 [19]

As food energy is measured in caloric value, if each snack contains 250 calories they will all provide the same amount of calories, and which snack ihas the most readily digestible and available energy shoul be the focus. Fruit provides both short term energy in the form of available sugars, and long term energy in the form of slower to digest fiber.

7 0

3 years ago

Chris has three options for settling an insurance claim. Option A will provide $1,500 a month for 6 years. Option B will pay $1,

Papessa [141]

Answer:

Option B. $1,025 a month for 10 years.

Explanation:

Calculate the present value of each option:

$\text{Monthly rate: } 6.8\%/12 = 0.068/12 = 0.005\overline 6$

Formula:

$PV=C\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]$

Where:

PV is the present value of the constant monthly payments
r is the monthly rate
t is the number of moths

1. Option A will provide $1,500 a month for 6 years.

$PV=$\ 1,500\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(6\times12)}}\bigg]$

$PV=\$ 88,479.23$

2. Option B will pay $1,025 a month for 10 years. 

$PV=$\ 1,025\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(10\times12)}}\bigg]$

$PV=\$ 89,068.22$

3. Option C offers $85,000 as a lump sum payment today.

PV = $85,000

<h2 /><h2> Conclusion:</h2>

The present value of the option B, $1,025 a month for 10 years, has a the greatest present value, thus since he is only concerned with the financial aspects of the offier, this is the one he should select.

3 0

3 years ago

True or False.

RUDIKE [14]

Answer 3. Is in fact false

4 0

3 years ago