Answer:
$1,720
Explanation:
Total annual premium for both Karen and Mike = $400 + $600 = $1,000
If they insured both cars with the same company, they would save 15% on the annual premiums -> the annual saving = 15% * $1,000 = $150
We use formula FV to calculate the future value of annual payment:
= FV(rate, number of payment, - payment) = FV(3%,10,-150) = $1,720
Answer:
B. generally not affected by diversification, because investors can easily diversify their own portfolios
Explanation:
The reason is that the business itself is diversified and the result is that the company is earning an average return on its business operations. If the investor is managing the portfolio then it means the investor is making its portfolio a risk diversified which include the shares companies that had diversified its operations in the market. So portfolio return doesn't affect the return on an individual company shares because portfolio return is the aggregate return of different number of shares in different companies.
Answer:
The correct word for the blank space is: instrumental.
Explanation:
Social support is the different types of help individuals receive from others in situations when they are in need. That support could be <em>emotional </em>(increasing self-esteem), <em>informational </em>(facilitating useful data), and <em>instrumental </em>(giving a hand in duties).
Instrumental support refers to assistance in certain tasks individuals provide to help others fasten their work or to improve them. Thus, Anaya is giving instrumental support to Akono by helping her with the financial statements for Broadband Express.
Answer:
-$86.05
Explanation:
The computation of the net present value is shown below:
Year Cash flow Discount factor @11.5 Present value
0 $379 M 1 -$379 M
1 $105 M 0.8968609865 $94.17 M
2 $78 M 0.8043596292 $62.74 M
3 $79 M 0.7213987706 $56.27 M
4 $65 M 0.6469944131 $42.05 M
5 $65 M 0.5802640476 $37.72 M
NPV -$86.05 (Difference)
The discount factor should be computed below
= 1 ÷ (1 + rate) ^ years
