The federal bureaucracy has departments, agencies and commissions. Their staff helps their CEO run the operation smoothly. The largest unit with the bureaucracy is the department. The department handles all of the administrative duties of the company.
Answer:
D . The periodic rate of interest is 1.25% and the effective rate of interest is greater than 5%
Explanation:
Nominal rate = 5% compunded quaterly
rate of interest per quarter = 5% / 4
= 1.25%
effective rate of interest = ( 1 + 5% / 4 )4 - 1
= ( 1 + 0.0125)4 - 1
= 1.05094 - 1
= 5.094%
<span>B .There are 24 days remaining in July (31 - 7 ); 31 days in August; 30 days in September; and 5 days in October (24 + 31 + 30 + 5 = 90 days).
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The days are not only based on estimation but on Accurate number of days in each month. Since it is written in july 7 then its maturity will be on october 5
The financial markets are financed by those with money but no ideas, and they also include private investors as participants.
A marketplace where bonds, equities, securities, and currencies are traded is referred to as a financial market. Few financial markets do daily security transactions worth trillions of dollars, whereas some are smaller and less active. These are marketplaces where investors gain more money, firms increase their cash flow, and dangers are reduced.
The selling and purchasing of financial assets and securities takes place in a venue known as a financial market. In the economy of the country, it distributes scarce resources. By facilitating the transfer of funds between investors and collectors, it acts as an intermediary.
On a financial market, the stock market enables investors to buy and sell shares of publicly traded corporations. The primary stock market is where new stocks are initially offered, together with other stock securities.
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