Answer:
The annual payment at the end of each year: $4,572.23
Explanation:
The formular for calculating Present value of Annuity is applied in this case to help us find the equal annual payment.
Applying information in the question, we have the annuity that have:
n= 10 as there are 10 equal annual payments paid at the end of each year during 10 years;
i = 8.5% per annum compounded annually, as stated in the question;
PV = Borrowed amount = $30,000;
C = the equal annual payment.
The formular for PV of Annuity: PV = (C/i) x [ 1- (1+i)^(-n)] <=> C = (PV x i) / [ 1- (1+i)^(-n)]
Thus, C = (30,000 x 8.5%) / [ 1- 1.085^(-10) ] = $4,572.23
Answer:
Front running
Explanation:
Front running, also known as tailgating, is the prohibited practice of entering into an equity (stock) trade, option, futures contract, derivative, or security-based swap to capitalize on advance, nonpublic knowledge of a large pending transaction that will influence the price of the underlying security.
<span>The answer is, "cognitive" skills determine the ability to conceive information from data.
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Cognitive skills refers to the core skills that your mind uses to think, read, learn, recall, reason, and focus. Cooperating, they take approaching data and move it into the bank of information you utilize each day at school, at work, and throughout everyday life.
<span>in this case, the answer is false, Distribution centers emphasize the rapid movement of products through a facility and attempt to maximize throughput. This is a facility, sometimes like a warehouse, that holds products in a climate controlled environment and has them ready for shipping.</span>
Answer:
Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas, Capital Markets are used for long-term securities they have a direct or indirect impact on the capital. Capital markets include the equity market and the debt market.
Explanation: