Answer:
9.62%.
Explanation:
Set the values of the bond on the financial calculator as follows :
PV = - $785
FV = $1,000
PMT = $1,000 x 4% = $40
P/YR = 1
N = 5
I/YR = ??
Here the question requires us to determine the value of the yield to maturity or I/YR.
Inputting the values as above in the financial calculator gives the I/YR as 9.62%.
Answer:
tellers at JP Morgan Chase branches.
Explanation:
The organization i.e. customer focused along with it, it is inverted organization that empowered the front line workers at the upper level of the pyramid so this organization form represent the example of the tellers at the branches of JP Morgan chase where the same thing happen
So the same is to be considered
Answer:
12 years
Explanation:
The chilled water system lasts for in line with the building. To calculate break even useful life of chilled water we assume no salvage value. The company uses MARR of 6% . The conventional system costs $52,000 and annual operating cost is $15,000. We can calculated the useful life by adding the system cost and its operating cost with multiplying minimum acceptable rate of return.
$52,000 * A/P (6%, 10) + $15,000 = 12 years.
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Answer:
c. the dollar buys fewer euros. It will take more dollars to buy a good that costs 50 euros.
Explanation:
When a currency depreciates, it will decrease their value in relathinship wth the other currency.
This means the dollar will buy less euros.
This makes statment A and D FALSE.
If the dollar is worth less then, the amount of dollar required for a given amount (50) will be higher,
it takes more dollars to buy 50 euros of goods.
Option C is the only statment which express both situation.
