Answer: 6.51%
Explanation:
To get the interest rate at which the deal will be fair
Annual payment per year/ cost × 100
Perpetuity = D/r
476000 = 31000/r
r = 31000÷ 476000
r = 0.06512
r = 0.06512 × 100
r = 6.512%
Where D is the dividend
r is the rate
To solve for the semimonthly payments on Max's insurance cost:
Annual insurance rate: $11,700
Employer pays 60%
What is Max's amount to pay?
(11,700)(.60) = $7,020
Max's employer pays $7,020
Max pays $4,680 (11,700-7,020)
If Max pay's $4,680 a year and we want to know but he pays semimonthly, or twice a month then we need to divide his annual payment by 24 since there are 12 months and he pays twice a month.
($4,680/24)= $195
Max pays $195 semimonthly for his insurance.
Answer:
A
Explanation:
The investment A was more risky, but in general they were both pretty much a risk.
With both having a produced annual rates of return in under 10%
Reason for A being the riskier is that his annual rate of return in average was 8%, while B's annual rate was 9%
Difference may seem small, but for bigger investments 1% can be a deal breaker.
0.35 metric tons (mt) of crude oil will cost $112 if 0.90 mt cost $288.
Crude oil and other hydrocarbons can be found in liquid or gaseous form in tar or oil sands, small cavities within sedimentary rocks, and underground pools or reservoirs.
<h3>
What are crude oil and its uses?</h3>
Natural petroleum products like crude oil are made up of deposits of hydrocarbons and other organic elements. Crude oil, a sort of fossil fuel, is refined to create useful products like gasoline, diesel, and numerous other petrochemicals.
Given,
Crude oil = 0.9 (mt) cost is $288.
Required to Find Cost of Crude 0.35 (mt) =?
Find Cost of Crude (0.35 mt) = $288 multiply by 0.35 and divide by 0.9.
Find Cost of Crude (0.35 mt) = $288 x 0.35/0.9
Cost of Crude (0.35 mt) = $112
Thus, Crude oil will cost $112 for 0.35 metric tons (mt).
Learn more about Crude Oil here:
brainly.com/question/4433699
#SPJ4
Considering the functions and operations of the organizations, The NYSE is an example of a(n) <u>Organized</u> exchange while NASDAQ is an example of a(an) <u>Over the Counter</u> market.
NYSE is an acronym for the <u>New York Stock Exchange.</u> It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.
On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market
Hence, in this case, it is concluded that the correct answer is option A. "<u>Organized; over-the-counter."</u>
Learn more here: brainly.com/question/21993468
