Answer:
B. $300
Explanation:
The interest revenue is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $20,000 × 6% × (3 months ÷ 12 months)
= $300
The 6 months is calculated from October 1 to December 31
Simply we use the simple interest formula by considering the principal amount, rate of interest and time period so that the correct revenue can be computed
Answer:
How long will it take them to cover the cost of refinancing = 29months
Explanation:
Number of months = $1,690 / $58
Number of months = 29 months
Answer:
the expected return of a portfolio that has invested is 0.0625
Explanation:
The computation of the expected return of a portfolio is shown below;
= (0.32 × (6052 × (-0.01) + 5060 × 0.23 + 8047 × 0.2) + 0.68 × (6052 × 0.21 + 5060 × (-0.06) + 8047 × (-0.06))) ÷ (6052 + 5060 + 8047)
= 0.0625041808027559
= 0.0625
Hence, the expected return of a portfolio that has invested is 0.0625
Therefore the same should be considered and relevant
Answer:
6 skirts
Explanation:
Given
Required
Number of skirts for 
Represent the required number of skirts by x
<em>To solve for this, we simply divide </em>
<em> by </em>
<em></em>
Convert to mixed numbers
Rewrite as multiplication
<em>Hence, she could make 6 skirts</em>
Answer:
Economic Freedom
Explanation:
Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please.
