Answer:
The Gramm-Bliley-Leach Act gives the Rosserdam Bank the liberty to perform those activities
Explanation:
The Financial Services Modernization Act of 1999 as Gramm-Bliley-Leach Act is popularly known, came into effect to override some sections of Glass–Steagall Act of 1933 which earlier prohibited insurance companies,commercial banks and investment banks from acting as one-stop shop for investment,insurance and commercial banking activities.
With new act taking its effect,a commercial bank customer does not have to go next door to get his or her investment and insurance needs satisfied as his or her commercial banker effectively serves as investment banker and insurance broker.
Answer: Swiss chocolate will become more expensive in the United States.
Explanation:
If the American dollar depreciates relative to the Swiss Franc then Swiss chocolate will become more expensive in the US.
This is because goods belonging to the country with the stronger currency will be more expensive in the country with the weaker currency.
For example, let's say the rate of USD to Franc was 1:1 and swiss chocolates cost Fr5 that means it would cost $5 as well in the US.
Now suppose the rates become, USD to Franc, 1.25:1 meaning the Franc is stronger now. The price of chocolate in Switzerland is still Fr.5 but now in the US it will go to,
= 5 * 1.25
= $6.25 meaning Swiss things are now more expensive in the States.
NB - Your third option says, "American computers will become less expensive in Italy". If this was a typo and you meant, "in Switzerland" then this option is CORRECT as well because American goods will be cheaper in Switzerland.
Cheers.
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
A).Present Value of the Cash Flow for the Lump Sum Payout
= Prize of Lottery Amount × (1 -Tax Rate)
= $506,300 × (1 - 0.46)
= $506,300 × 0.54
= $273,402
B).Present Value of the Cash Flows for Annuity Payout is
= Annuity Payment × (1 - Tax Rate) × PVIFA 8%,20 Years × (1 + Rate of Return)
= $37,000 × (1 - 0.26) × 9.8181 × (1 + .08)
= $37,000 × 0.74 × 9.8181 × 1.08
= $290,325
c). According to the analysis, $290,325 is more than the $273,402, So he should be chooses option (b) $290,325 as a payout option.
2:3
And the total is 25,
Step 1: divide the total by 3 which is 8.333
Step 2: Multiply 8.333 by two which is 16.666
Step 3: there cant be .666 of a girl so you would round to 17 girls