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WINSTONCH [101]
2 years ago
5

Assume Jennifer has owned an EE bond for 4 years. The fixed rate of interest is 10% and the current value of the bond is $4000.

If Jennifer were to cash in the bond tomorrow, how much interest will she lose (approximately) as a penalty
Business
1 answer:
lakkis [162]2 years ago
3 0

Answer:

400

Explanation:

Given:

Face Value of the bond = $4000

The fixed rate of interest is r = 10%

If f Jennifer were not to cash in the bond tomorrow, it means she have the value of $4000  after 4 years. But tomorrow she were to cash, so the interest she lose is:

I = FV*r = 4000*10% = 400

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N = 5
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In this situation there many skills that a person is capable to develop.

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Initiative serves to turn good ideas into practice. It is acting with speed and innovation. To leverage this ability: Offer help in solving difficult and unpredictable situations; If you tend to avoid risks, consider past mistakes as new opportunities for learning. develop activities that are related to the initiative such as delegating tasks, cost-benefit analysis; clarify your priorities to put them into practice.

Competitiveness is to have clear goals, don't settle for reaching the common goal. Worrying about doing a great job, going beyond the goals set by your superiors, having a tendency to innovate and enjoying things you couldn't before. All of these factors refer to sound competitiveness, a step to success. This skill is closely linked to your emotions and personal motivations.

Empathy is the key skill, especially for those who deal directly with customer service and service professionals, as it is up to these professionals to empathetically identify what their customers really need. In fact, empathy develops with practice, first consciously (taking notes of what the other says, listening to doubts and needs) and then converting it into a daily habit.

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3 0
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kati45 [8]

Answer:

D) Annual Percentage Rate

Explanation:

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