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matrenka [14]
3 years ago
9

Consumers have certain rights that do not carry corresponding responsibilities. true or false.

Business
1 answer:
Over [174]3 years ago
3 0
Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:

</span><span> <span><span> <span> Right to Safety</span> </span> <span> <span> Responsibility of Right to Safety</span> </span> <span> <span> Right to Be Informed</span> </span> <span> <span> Responsibility of Right to Be Informed</span> </span> <span> <span> Right to Choose</span> </span> <span> <span> Responsibility of Right to Choose</span> </span> <span> <span> Right to Be Heard</span> </span> <span> <span> Responsibility of Right to Be Heard</span> </span> <span> <span> Right to Redress</span> </span> <span> <span> Responsibility of Right to Redress</span> </span> <span> <span> Right to Consumer Education</span> </span> <span> <span> Responsibility of Right to Consumer Education</span> </span> <span> <span> Right to Healthy Environment</span> </span> <span> <span> Responsibility of Right to Healthy Environment</span> </span></span></span>
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Answer:

$ 915.71  

Explanation:

In order to determine the second bond price we need to determine the number of years to maturity of the first bond using nper formula in excel.

=nper(rate,pmt.-pv,fv)

rate is the semiannual interest rate of 6% (12%*6/12)

pmt is the semiannual interest=$1000*8.3%*6/12=$41.50  

pv is the current price at $813.04

fv is the face value of $1000

=nper(6%,41.50,-813.04,1000)= 16.00  

The years to maturity=16/2=8 years

The years to maturity of second bond=8+3=11 years

price of second bond=-pv(rate,nper,pmt,fv)

rate is 6%

nper is 11 years multiplied by 2= 22

pmt =5.3%*$1000=$53

fv is $1000

=-pv(6%,22,53,1000)=$915.71  

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Answer:

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