<span>Public opinion suggests that overall, Americans' commitment to the country and its core institutions is strong. Although the United States is composed of 50 states, it remains to be united in its cause. Until now, it is considered to be one of the most powerful countries in the world. This has been the case due to the Americans' strong sense of patriarchy. </span>
You can only be eligible for OSAP if you don't have enough money from other sources to cover your college or university expenses. The income that you report to OSAP generally needs to match what you reported to the Canada Revenue Agency (CRA) when you filed your taxes.
Answer:
The nominal value at the end of 17 years = $7,455.34
The real value at the end of 17 years = $2,437.95
Explanation:
Value at the end of 17 years = present value x (1+ interest rate)^t
The nominal value at the end of 17 years = $1,475 x (1.1)^17 = $7,455.34
The real value at the end of 17 years = $1,475 x (1.03)^17 = $2,437.95
Answer:
The expected return on the portfolio is:
16.75%
Explanation:
a) Data and Calculations:
Company A Company B Total
Investment $3,500 $6,500 $10,000
Expected returns 20% 15%
Expected returns ($) $700 $975 $1,675
Expected return on
portfolio = $1,675/$10,000 * 100 = $16.75%
b) The expected return on the portfolio is calculated as the returns on the portfolio in dollars divided by the total investment in the two companies, multiplied by 100. This gives a value in percentage terms.
