The new york stock exchange, where financial investors buy and sell existing stock, is an example of the secondary market.
A market is a composition of structures, institutions, approaches, social family members or infrastructures whereby parties interact in trade. at the same time as events can also alternate goods and offerings by way of barter, most markets depend upon dealers imparting their goods or offerings to shoppers in exchange for money.
A marketplace is an area wherein consumers and sellers can meet to facilitate the alternate or transaction of goods and offerings. Markets may be bodily like a retail outlet, or virtual like an e-store. other examples include illegal markets, public sale markets, and financial markets.
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Answer:
1) B
2) A
3) D
Explanation:
1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%
Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days
(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%
5.11 = 400(10,000 - x)/10,000
x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25
3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days
Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%
= 45/10 = 4.5%
Direct material
0.1×40
=4
Direct labor
12×0.25
=3
Manufacturing overhead
18×0.25
=4.5
the total standard cost for one unit of product is
4+3+4.5=11.5....answer
The balance in Marty’s account will be $1330
Simple interest= (P x R x T) / 100
Where,
P = Principal = $1,000
R= Rate = 7.2%
T = Time = 55 months = 4.583333 years.
Simple Interest = (1000 x 7.2 x 4.58) / 100
=$329.76 = $330 (approx.)
Amount = Principal + Simple Interest
=$1000 + $330
=$1330
What is Simple Interest?
Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, so a borrower will never have to pay interest on the interest already accumulated because a creditor will only pay interest on the principal amount.
How do I calculate simple interest?
Simplified interest (S.I.) is computed using the following formula: S.I. = P*R *T, where P stands for principal, R for the annual percentage rate of interest, and T for time, which is typically expressed as the number of years. Written as r/100, the interest rate is expressed as a percentage, or r%.
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