Which of the following is an example of successive approximation

Roman buys seed packets for the school garden. One packet of radish seeds costs $1. 75. One packet of tomato seeds costs $2. 50.

bezimeni [28]

Roman may buy 23 tomato and 9 radish, for the school garden.

<h3><u>Calculation:</u></h3>

Let (r) represent the cost of one packet of radish seeds, and

Let (t) represent the cost of one packet of tomato seeds.

Amount spent by roman = $62.75

It denotes that;

$\ 1.75r +2.5t = 62.75.......equn. 1$

Roman bought 32 packets of seeds and one packet of radish seeds costs = $ 1.75.

One packet of tomato seeds costs = $ 2.50.

It denotes that,

$\ r+t=32.....equn.2$

Substitute t=9 , and r= 23, we have

In eq. 1

$\ = 1.75\times9 + 2.5\times23 = 62.75\\ = 15.75+57.5 \neq 62.75 \\ = 62.75 = 62.75$

In eq.2

$\ =32=23+9 = 32\\$

Here, both the equations are satisfied, therefore, option [C] is correct.

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Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates suddenly rise to 15 percent, wh

Mariana [72]

Answer: The value of the bond will decrease

Explanation:

The Interest rate has a negative inverse relationship with the value of a bond . When the interest rate increases the value of a bond decreases and when interest rate decreases the bond value increases. Bonds with low coupon rates tend to be more sensitive to interest rate changes this is known has coupon effect.

Bonds with long time frame (long term bonds), they also tend to be are more sensitive to changes in the interest rate this is known has the maturity effect. Therefore a change in the interest rate will cause a huge change in the value of a Bond with low coupon rate and long time period.

The Bond is a 20 year Bonds which qualifies it to be a long term bond and the coupon Rate is 7%, with these facts and knowing that long term bonds are more sensitive to interest rate changes we can conclude that the sudden increase of the interest rate to 15% will cause a huge decrease in the value of the bond

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TP sells franchises in the Old Fast Food chain. TP sells a franchise to Choi for $100,000 by cashier's check. Choi then hears th

Korvikt [17]

Answer:

a.the court will find that the third party is a holder in due course and, despite the fact that TP has defrauded Choi, not require the third party to repay Choi

Explanation:

In the event where TP who sold a franchise to Choi decides to go out of business and transfers everything to a third. In a lawsuit the court will find that the third party is a holder in due course and, despite the fact that TP has defrauded Choi, not require the third party to repay Choi.

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The general common law rule on contract modifications holds that an agreement to modify an existing contract requires a(n):

dlinn [17]

<span>agreement to modify an existing contract would be the answer</span>

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True/False

lara [203]

Answer:

the answer is True.

Explanation:

There are 2 traits in an effective market segment.

It is internally homogeneous (potential customers in the same segment prefer the same product qualities ).
It is externally heterogeneous. In other words, potential customers from different segments have different quality preferences. It responds consistently to a given market stimulus.

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