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Elan Coil [88]
3 years ago
12

Match each type of market with the items bought and sold there

Business
2 answers:
wolverine [178]3 years ago
7 0

Answer

A. Currency exchange-Foreign money

B.Commodity Market-Raw, unprocessed goods

C.Stock Market -Shares in corporations

Explanation

Currency exchange market- this is market that deals with the exchange of foreign currencies where the participants members are able to buy and sell currencies. They are normally made of banks, commercial companies, Forex brokers and many other participants.

Commodity Market- This is a type of market where unprocessed materials are sold. Many producers buy the raw materials from these market for further processing.

Stock market- This is the market that deals with trading of shares. Sellers and buyers of stocks which is also called shares gather here. This normally happens that a certain company needs to raise a certain amount of money so the stock buyer will have bought a piece of that company.

Lera25 [3.4K]3 years ago
5 0
A. Currency exchange-Foreign money

B.Commodity Market-Raw, unprocessed goods

C.Stock Market goes -Shares in corporations

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You have decided it’s time to buy a house, and you have found the one you want. The price is $500,000, and you will pay 10% in
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Based on the amount of the loan, the interest rate, and the loan period, the monthly payment would be <u>$3,302.</u>

<h3>Loan Amount</h3>

<em>= Price of house - Amount in cash </em>

= 500,000 - ( 500,000 x 10%)

= $450,000

<h3>Periodic interest </h3>

= 8% / 12 months

= 8/12%

<h3>Number of periods </h3>

= 30 x 12 months

= 360 months

<h3>Monthly Payment </h3>

This is an annuity as the payment is constant. The loan value will be the present value of the annuity.

<em>Present value of annuity = Annuity x ( 1 - ( 1 + rate) ^ - number of periods) / rate </em>

450,000 = Annuity x ( 1 - ( 1 + 8/12%) ⁻³⁶⁰) / 8/12%

Annuity = 450,000 / 136.283494

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Find out more on loan amounts at brainly.com/question/24576997.

4 0
3 years ago
Which of the following is TRUE about owning a share of stock?
MAVERICK [17]

Answer:

The correct answer is letter "B": Owning a share means you own a percentage of the company.

Explanation:

A share which is also called a stock is a <em>corporate or financial asset ownership unit</em>. Owning some shares in the business entitles the holder to a proportionate amount of the company's profits. Profits are called dividends when they are paid to shareholders.

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An engineer invests $5,000 at the end of every year for a 40-year career. If the engineer wants $1 million in savings at retirem
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Answer: 7%

Explanation:

Given data:

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<h3>What is meant by non exempt employees?</h3>

Employees who are not excluded from pay have a right to the minimum wage and overtime compensation if they put in more than 40 hours per week.

For each hour over 40 in a workweek, businesses are required by the FLSA to pay non-exempt workers no less than time and a half their usual wage rate. If a non-exempt worker isn't paid hourly, one can determine their hourly rate by dividing their total earnings by the number of hours they worked. When making these calculations, vacation, holidays, and sick days shouldn't be taken into account unless the person really worked on those days.

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