1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeka57 [31]
3 years ago
13

Which type of Financial Aid am I? I am given to students who come from lower-income families and I do not need to be repaid. *

Business
1 answer:
Bas_tet [7]3 years ago
8 0
Grant. A grant, is a form of financial aid that doesn’t have to be repaid.
You might be interested in
Georgina is the owner of a company called piquant (which means having a pleasantly sharp taste or appetizing flavor). she was lo
Genrish500 [490]
The answer is "open innovation".

It is because that organizations have found that with a specific end goal to create enough helpful new item thoughts, they have to make utilization of open advancements by which an association creates key connections to outside individual or association keeping in mind the end goal to make new item thoughts. Open innovation is a term used to advance a data age outlook toward advancement that runs counter to the mystery and storehouse mindset of conventional corporate research labs.
5 0
3 years ago
What is the primary reason that we have 3 branches
Alex_Xolod [135]
To keep every other branch in check if we had only one then they could go corrupt. (separation of power)
8 0
3 years ago
Why are workers really quitting? you can boil it down to 1 simple reason
Stella [2.4K]

Answer:

the money bro

Explanation:

4 0
2 years ago
Assume that the reserve requirement for the commercial banks is 25%. If the Federal Reserve Banks buy $3 billion in government s
faltersainse [42]

Answer:

The lending ability will increase by $2.25 billion.

Explanation:

The reserve requirement is given at 25%.

If federal reserve bank buys $3 billion in government securities, the total reserve will increase by $3 billion.

The excess reserve will be

=Increase in total reserve-required reserve

=$3 billion-25% of $3

=$(3 billion- .25*3) billion

=$(3-0.75) billion

=$2.25 billion

5 0
3 years ago
For fixed-rate bonds it's important to realize that the value of the bond has a(n)-Select relationship to the level of interest
pogonyaev

Answer:

Answer is explained in the explanation section below.

Explanation:

It's necessary to remember that the value of fixed-rate bonds is inversely proportional to the level of interest rates. The value of the bond decreases as interest rates rise; moreover, the value of the bond rises as interest rates fall. A Bond with a lower coupon sells for less than its face value. When the going rate of interest is higher than the coupon rate, this condition arises. The value of the asset would increase over time. A higher coupon bond is one that sells for a higher price than its face value. When the going rate of interest is lower than the coupon rate, this condition arises. Its value will gradually decrease until it reaches its maturity value. A par value bond that sells at par, with a coupon rate equal to the current interest rate. The coupon is usually set at the going market rate on the day the bond is sold, so it sells at par at first.

Calculations:

C = Coupon Payments = $60 (Par Value x Coupon Rate)

n = number of years = 10

i = market rate or required yield = 7% = 0.007

K = number of coupon payments in 1 year = 1

P = value at maturity or par value = 1000

Present value of ordinary annuity formula:

Bond Price = C/k * [\frac{1 - \frac{1}{(1 + \frac{i}{k})^{nk}  } }{\frac{i}{k} } ] + \frac{P}{(1 + \frac{i}{k})^{nk}  }

Just plug in the values and you will get:

Bond Price = 60 x 7.02 + 508.35

Bond Price = 421.41 508.35

Bond Price = $929.76

Similarly,

Data:

C = Coupon Payments = $60 (Par Value x Coupon Rate)

n = number of years = 10

i = market rate or required yield = 7% = 0.007

K = number of coupon payments in 1 year = 2

P = value at maturity or par value = 1000

Present value of ordinary annuity formula:  

Bond Price = C/k * [\frac{1 - \frac{1}{(1 + \frac{i}{k})^{nk}  } }{\frac{i}{k} } ] + \frac{P}{(1 + \frac{i}{k})^{nk}  }

Just plug in the values and you will get:  

Bond Price = 30 x 14.21 + 502.57

Bond Price = 426.37 + 502.57

Bond Price = $928.94

8 0
3 years ago
Other questions:
  • In contrast to less cohesive groups, members of highly cohesive group members display all of the following EXCEPT:
    8·1 answer
  • The average human lifespan is expected to increase by how many years by 2100? 15 years 30 years 10 years 25 years
    8·1 answer
  • Tried and True’s accountant suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
    6·1 answer
  • On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative
    15·1 answer
  • What uses a systematic approach in an attempt to improve business effectiveness and efficiency continuously? static process dyna
    7·1 answer
  • 18 Select the correct answer. What term refers to the process of focusing website content to attract more visitors (or hits)? A.
    7·1 answer
  • Roland becomes ill so he signs and gives his daughter a document authorizing her to manage all of his affairs should he become i
    5·1 answer
  • The future of work is characterized by (choose all that apply):
    11·1 answer
  • what was the role of Winnie madikizela-mandela in the struggle against apartheid in the 1950s to 1970s​
    6·1 answer
  • What is an outcome in the game of economics
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!