Answer:
It's Frence.
city of Verdun-sur-Meuse in northeast France
Hi there
The price of the car after a year would be
20,000×(1+0.04)
=20,800 because of inflation
The amount of down payment is
20,800×0.2
=4,160
So you need to deposit
P=4,160÷(1+0.06)
p=3,924.5 round your answer to get
P=3925
Hope it helps
Answer:
EAR = 8.24%
Explanation:
EAR = (1+APR/n)^n-1
Where n is number of compounding per year = 4
EAR = (1+8%/4)^4 - 1
EAR = (1 + 0.02)^4
EAR = (1.02)^4
EAR = 1.08243216 - 1
EAR = 0.08243216
EAR = 8.24%
Answer:
b. it is less volatile and more like a bond
Explanation:
Preferred stocks pay a fixed dividend and has the potential to appreciate in price.
Preferred share holders have no voting right but they are paid first before common shareholders.
I hope my answer helps you
