Answer:
5.25%
Explanation:
The computation of the expected growth rate for MBP’s earnings is shown below:
Expected growth rate = Historical return on equity (ROE) × retention ratio
= 15% × 35%
= 5.25%
We simply multiplied the return on equity with the retention ratio so that the expected growth rate could come
The earnings that are mentioned in the question is not relevant. Hence, ignored it
To promote by introducing your product
Answer:
Option B is correct one.
<u>Slippery Slope</u>
Explanation:
A slippery slope argument, in logic, critical thinking, political rhetoric, and case-law, is often viewed as a logical fallacy in which a party asserts that a relatively small first step leads to a chain of related events culminating in some significant effect. Objecting an action using the argument that once it has been taken, it will lead to similar but less desirable actions.
False.
Explanation:
in addition to the service charges applicable to the no frills account was substantially lower than that of the regular savings accounts as a result the zero balance requirement that most banks offered,the account became commonly known as ZERO BALANCE ACCOUNT.
Answer:
$14,882.44.
Explanation:
Given
Future value= $1,200,00
Time= 27 years
Interest rate= 7.5%
let PV= present value
The question is solved by computing the amount of annual deposit.
Enter the below in a financial calculator to compute the amount of annual deposit:
FV= 1,200,000
N= 27
I/Y= 7.5
PV= FV÷(1+I)^N
putting values we get
PV= $1,185,117.56
Now Benefit = FV- PV= 1,200,000-1,185,117.85= $14,882.44.
Therefore, the amount of annual deposit is $14,882.44.
