Simmons Company issued four-year bonds with a $1,000,000 par value. Interest is due semi-annually on the bonds, which have a 4% coupon rate. The market interest rate is 6%. $1002402.88 must Simmons pay investors in interest on a semi-annual basis.
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Understanding how loans and investments operate is essential to laying a solid financial foundation for both you and your company. How interest is calculated is one of the key aspects of loans and investments. Your loans and investments may have simple interest or compound interest terms. You will discover what it implies, why it matters, and how to compute interest that is compounded semiannually interest in this post.
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Answer:
0.12%
Explanation:
According to the given situation, the computation of E.U. emergency trust fund as a percentage of sub-Saharan GDP is shown below:-
E.U. emergency trust fund as a percentage of sub-Saharan GDP is
= (Amount of Plans ÷ Real gross domestic product) × 100
= (2 billion ÷ 1.65 trillion) × 100
= 0.12%
Therefore for computing the E.U. emergency trust fund as a percentage of sub-Saharan GDP we simply applied the above formula.
Answer:
<h2>Yes, the resume give HR / Technical person to understand and spot questions from the resume.</h2>
Explanation:
Though the question is little incomplete, I would try to answer assuming about the interview phases especially this resume review.
Resume is the first thing which the interviewer would see before they see you (Eg. Resume from job portal, resume received through friends or other employee referral, resume received through job fairs, etc)
So the interviewer
- can find whether the information given in the resume is true by spotting questions from that and testing your answer in the personal interview.
- can also understand how your work and the organization's expectation meet.
- can choose the best candidate by looking at the resume itself.
The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.
The initial deposit might have a higher purchasing power because of inflation.
When money is deposited in a savings account, the amount of money earns interest.
The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)
Interest earned = $$5,306.04 - $5,000 = $306.04
Interest rate = $306.04 / (3 x $5000) = 2.04%
Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.
To learn more about inflation, please check: brainly.com/question/18072639
