When your doing an interview never ask how much money do you make that will make them think that your there just for the money and not the job
Answer:
It will take 3 years to have enough money to purchase the car.
Explanation:
We can use either Compounding or Discounting Formula to determine the time it will take to make $19,970 from $15,000 when the investment rate is 10%. Lets go with the Compounding Formula:
Future Value = Present Value * (1 + i) ^ n
<u>Re-arrange equation for "n" which is the Time Period:</u>
⇒ FV / PV = (1 + i) ^ n
Taking log on both sides;
⇒ log (FV / PV) = log (1 + i) ^ n
OR log (FV / PV) = n log (1 + i)
OR n = log (FV / PV) / log (1 + i)
Simply put values now;
⇒ n = log (19,970 / 15,000) / log (1 + 10%) = log (1.33) / log (1.1) = .12 / .04
OR n = 3
Answer: True
Explanation:
The valuation of marketable securities on the balance sheet requires the securities on the balance sheet requires the separation of investment securities into three categories.
The categories are held to maturity which are the securities that are bought and then kept until they mature; the trading securities and then the securities that are available for sale.
Answer:
I want to know the sides of a pizza if the width is 9 inches larger than the height and the area is 250 squared inches.
My brother wants to know how long his bed is if it has an area of 2m and the width is .5m larger than the height.
My father wants to know whats the size of a football field if the area is 57,600 square feet given that the length is 200 ft larger than the width.
Explanation:
To solve this you just have to think on the unknown value and represent it as "X" in the first problem we do not know the length or width but we have a values given between them, so if "x" is the height then the width becomes "x+9" so those two values multiplied become the area.
With this you just keep solving the others.
My brother wants to know how long his bed is if it has an area of 2m and the width is .5m larger than the height.
2m as an area and the height is "x"
My father wants to know whats the size of a football field if the area is 57,600 square feet given that the length is 200 ft larger than the width.
57,600 is the area and width will be "x"
Answer:
The amount to be paid is $100,440
Explanation:
When the bond matures, it is the due date on which the bond issuer need to pay off the bond on that particular date.
In this case, the bond matures in 2028, so
Interest amount = Face value of bond × Price × Interest
= $1,000 × 93 × 8%
= $7,440
The amount to be paid on maturity will be:
= $7,440 + $93,000
= $100,440
