The "Rule of 72" is a method used to determine how long an investment will take to double, given a fixed annual rate of interest. It is a shortcut to estimate the number of years required to double your money at a given annual rate of return. By dividing 72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to duplicate itself.
Meenal should apply for an internship or job shadowing.
- A job shadowing is like an internship, except in the detailed formality and duration. With a job shadowing, Meenal will be allowed to observe an experienced person on the job.
- Unlike an internship, a job shadowing does not enable Meenal to do actual work.
- Apprenticeship in networking involves the acquisition of more technical skills in the field rather than in an office environment.
Thus, the best choice is for Meenal is to apply for an internship or a job shadowing.
Read more about internship or job shadowing at brainly.com/question/21624359
Answer:
D) $26,688
Explanation:
The computation of the present value is shown below:
= Annual payment × PVIFA for 7 years at 6%
= $4,781 × 5.5824
= $26,688
Refer to the PVIFA table
Simply we multiply the annual payment with the PVIFA so that the accurate amount can come.
The present value is come after considering the discount rate for the given number of periods
Answer:
The answer is B
Explanation:
GDP is no affected by Scott's production of the jewelry box.
Answer:
The beta of the other stock or stock B is 2.34
Explanation:
The beta of the portfolio is the weighted average of the individual stock betas that form up the portfolio. To calculate the beta for the portfolio, we use the following formula,
Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N
Where,
- w represents the weight of each stock in the portfolio
As the portfolio is equally as risky as the market, the portfolio beta is assumed to be the same as that of the market and the beta is 1.
The beta is the measure of systematic risk and a risk free asset does not have risk and has a beta of 0.
To calculate the Beta of stock B in the portfolio, we simply put the available values in the formula for the portfolio beta,
1 = 1/3 * 0 + 1/3 * 0.66 + 1/3 * Beta of B
1 = 0 + 0.22 + 1/3 * Beta of B
1 - 0.22 = 1/3 * Beta of B
0.78 * 3 = 1 * Beta of B
2.34 = Beta of B
Thus, the beta of the other stock or stock B is 2.34
