Answer:
The correct answer is $1990.10.
Explanation:
According to the scenario, the given data are as follows:
Present value = $1,000
Time period = 8 years
Time period (Nper) ( semiannual) = 16
Bond rate semiannual = 5%
So, Semiannual Payment (pmt) = $1,200 × 5% = $60
Annual yield = 18%
So, Semiannual yield ( rate ) = 9%
So, by putting all this in financial calculator, we get the following result.
Attachment is attached below.
The future value is $1,990.10.
Answer:
To Prepare an appraisal report
Explanation:
The steps which are involved in the appraisal process are:
1. Stating the purpose.
2. Listing the data needed and its source
3. Gathering, recording and verifying the data.
4. Gathering, recording and verifying the specific data.
5. Gathering, recording and verifying the data for each approach.
6. Analyzing and interpreting the data.
7. Reconciling the data for the final estimation.
8. Prepare an appraisal report.
If the country's money loses its value, people will remove their savings from banks, shift their money into other currencies and purchase investments that are not tied to the country's currency.
Realistic investigate artistic social enterprising and conventional. these are the holland codes that were made by john holland to help collage level students.
Answer:False
Explanation:
The potential advantage of online surveys are quick response rate and low cost than traditional surveys. This statement contradicts the above stamement.
Online surveys has faster medium to reach the target audience,cost-efficient.These are characteristics of online survey not traditional survey
So therefore it is false
