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Basile [38]
3 years ago
15

Danny is working to provide food, clothing, and shelter for his family. This is an example of which function of a family?

Business
1 answer:
tester [92]3 years ago
4 0

Explanation:

Danny is working to provide food, clothing and shelter for his family. These are the basic necessities of life that a person provides to his family. It involves the financial function of a family. Buying food, clothing and shelter for a person's family involves money. A person strives to earn money for his family to fulfill his family's needs of food, clothing and shelter. According to Maslow's hierarchy of needs, Food and clothing comes under the physiological needs level. Then comes the shelter, which comes under the safety needs.  These both levels make the Basic needs of a person. Meeting the basic needs of the family comes under the financial function.

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Consider the case of BTR Co.: BTR Co. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bo
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Answer:

Yield to maturity is 7.93%

Yield to call is  7.83%

Explanation:

I calculated both the yield to maturity and yield to call using the rate formula in excel which is =rate(nper,pmt,pv,-fv)

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pmt is the periodic coupon payment is 9%*1000=$90 in each case.

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