Answer:
We do this so that people can see your business and how it is
A mutual funds is the instrument that may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 days.
<h3>What is purchased on margin?</h3>
This generally involves the act of getting a loan from your brokerage and then, using the money from such loan to invest in more securities than you can buy with your available cash.
Through the method, an investors can amplify their returns if their investments outperform the cost of the loan itself.
In conclusion, the mutual funds can be purchased on margin. However, it may be used as collateral for a margin loan after being held for 30 days.
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Answer:
The answer is 1.8407.
Explanation:
To calculate interest rate for 228 days we will first calculate daily rate and than put value in compounding rate formula.
Daily interest rate = 2.92%/365 = 0.008 %
Interest rate 228 = (1+I%)^n -1
Interest rate 228 = (1+0.008%)^228-1 = 1.8407%
Answer:
Positive out comes in saving money is helping u make an investment in what ur passionate in.
Explanation: like say u want to buy or invest into a career by saving ur money you can get to that point and that is basically a positive outcome for you and the money you have saved.
hope this was a valid answer
Answer:
Total FV= $6,765.82
Explanation:
Giving the following information:
Year Cash Flow 1 $ 1,070 2 1,300 3 1,520 4 2,260
Discount rate= 8%
<u>To calculate the total future value, we need to use the following formula on each cash flow:</u>
FV= Cf*(1 + i)^n
FV1= 1,070*(1.08^3)= 1,347.9
FV2= 1,300*(1.08^2)= 1,516.32
FV3= 1,520*1.08= 1,641.6
FV4= 2,260
Total FV= $6,765.82
