Answer:
The correct answer is "$44,013.89".
Explanation:
Given:
Investment per year,
= $5,700
Required return,
= 5%
As we know,
⇒ 
Or,
⇒ ![Annuity \ factor=\frac{1-[\frac{1}{(1+k)}]^n }{k}](https://tex.z-dn.net/?f=Annuity%20%5C%20factor%3D%5Cfrac%7B1-%5B%5Cfrac%7B1%7D%7B%281%2Bk%29%7D%5D%5En%20%7D%7Bk%7D)
then,
The present value of 10 annual payment will be:
= ![5700\times \frac{1-[\frac{1}{(1+.05)}]^{10} }{.05}](https://tex.z-dn.net/?f=5700%5Ctimes%20%5Cfrac%7B1-%5B%5Cfrac%7B1%7D%7B%281%2B.05%29%7D%5D%5E%7B10%7D%20%7D%7B.05%7D)
= 
($)
Answer:
B. False
Explanation:
The banking system can expand the supply of money by a maximum of $1,000,000 ($200,000/0.2).
The maximum currency creation by the banking system is a function of the checkable deposits and the reserve ratio. The formula for this is called the money multiplier, and is given as the checkable deposits divided by the reserve ratio. With this multiplier factor, banks can increase the currency in circulation. This is why central banks use the reserve ratio to monitor the supply of money in their economies.
Answer: 1. Convertible bond
2. Putable bond
3. Purchasing power bond.
Explanation:
The $100,000 investment is a convertible bond. This is a fixed-income debt security which yields interest payments. It should be noted that it can also be converted to equity shares or common stock.
Nazeem should pick a putable bond. This is because the puttable bond has a put option that is embedded ans he can also demand his principal to be paid early.
Nazem also recently bought bonds that have their interest rate tied to the consumer price index (CPI) so that he will be protected if inflation rates increase. Nazem has invested in purchasing power bond .
B. creating positive media attention
