4 years ago

What are the main government restrictions on sole proprietorships?

Business

2 answers:

JulsSmile [24]4 years ago

5 0

They have the same legal existence

Mila [183]4 years ago

3 0

<span>the individual and the business are the same legal existance</span>

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3 years ago

Kevin wants to buy a bond that will mature to 5500 in seven years. How much should he pay for the bond now if it earns interest

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Answer:

Ans. He should pay $4,781.47 for this bond.

Explanation:

Hi, all we have to do is to bring to present value $5,500 at 2% per year compounded continuously, from year 7.

We have to use the following formula.

$PresentValue=\frac{FutureValue}{e^{rt} }$

Where:

r = the compounded continuusly compounded rate

t = time to its maturity

It should look like this.

$PresentValue=\frac{5,500}{e^{0.02*7} }=4,781.47$

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