Not all credit cards have an annual fee. You can expect an annual fee on most secured credit cards, some premium credit cards, charge cards, and subprime credit cards. The amount of the annual fee varies. It can be low as $19 or as high as $500, depending on the credit card.
Answer:
I believe it is C.
Explanation:
Hope my answer has helped you!
A)
- Firstly convert $3000000 into CAD
So, CAD is 3405221.33938
- Invest CAD in Canada 5% for 1 year
- In t= 1yr realize canadian investment with interest so, CAD on maturity
= CAD 3405221.33938 (1+ 0.05)
= CAD 3575482.40634
- Again now convert CAD into US $ so, equivalent US $ realised on conversion = CAD 3575482.40634 * $0.865/ CAD
= $ 3092792.28148
- US repayment = $ 3000000*(1+ 0.02)
= $ 3060000
That's why,
Profit over the year = $3092792.28148- $3060000
= $32792.28148
B) doesn't depreciates relative to USD
C) appreciates relative to Canadian dollar
D) BEEX = US$ borrowings to be repaid with interest/ CAD realized with interest on maturity
= $3060000/ CAD 3575482.40634
= 0.8558
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An ethical dilemma is a difficult situation in which an individual is unable to make a decision, due to moral conflicts. Picking one solution would mean undermining another.
I believe the answer to your question is A.
Hope I helped! Have an awesome day and plz mark brainliest!
Answer:
$5,506.14
Explanation:
In calculating the value of your investment at the end of the decade, we will use the formula below
A = P [1 + (R / 100)]^n
A = Total investment amount at the end of the decade, P = Principal amount invested, R = Annual interest rate in percentage, and N = Years
P = 1,000 , R = 18.6%, N = 10
A = $1,000 *(1 + 18.6%)^10
A = $1,000 *(1+0.186)^10
A = 1$,000*(1.186)^10
A = $1,000*5.506135
A = $5506.135
A = $5,506.14
Hence, the value of the investment at the end of the decade will be $5,506.14
