Their primary goal is <span>To protect consumers by regulating financial products and services.
Without their regulations, many corporations that operate in financial services tend to do several things that would hurt the consumers such as doing inside tradings or not fully disclose their financial situation by opening a fake corporations offshore.</span>
Answer:
b. $524.94
Explanation:
We need to solve for the PTM of a 6 year annuity with quarterly payment discount for 6.25% compounding quarterly as well:
PV $10,438.8800
time 24 (6 years x 4 quarter per year)
rate 0.015625 8 ( 0.0625 / 4 )
The payment every quarter will be for:
PTM $ 524.942
The allowance for doubtful accounts has a normal credit account.
This account is a contra-asset account. Since assets have a normal debit balance, this account would have a normal credit balance.
Answer:
Affluenza.
Explanation:
It is a term that described to be psychological and socio-metaphorical illness seen amongst children or also in teens who grow up in a privileged lifestyle, largely isolated emotionally and developmentally from their working parents etc. In most cases according to research, it is seen to make such children feel more isolated than their friends, while at the same time feeling an increase in pressure to perform.
The effect of this affluenza is also seen to make such people to have a feeling of giving themselves excessive pressure to achieving things, these includes in both academic and extracurricular activities.
Answer:
0.0416483 or 4.16%
Explanation:
Annual percentage rate, APR = 4%
Value of toys sold = $200,000
Note period = 90 day
N = 365 ÷ 90
= $200,000 × [1 - (0.04 × 90/360)]
= $198,000
Effective annual financing cost:
= 1.0416483 - 1
= 0.0416483 or 4.16%