Answer:
Saving plan
Explanation:
The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future
Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month
Therefore the same represent the saving plan
Answer:
$6 million
Explanation:
If 25% of the firm is worth $1.5 million, then 100% of the firm will be worth $6 million (= $1.5 million x 4).
This is an all equity firm, which means it has no liabilities, and it is also a closely held corporation which makes it harder for a stockholder to sell his/her shares. Basically the fair value of the 1,000 shares is the money you can get from your fellow shareholders.
Answer:
In the event that I go to a social equality promotion gathering, I will be an expert in my view to characterize the lawful foundation of the constitution and the nineteenth amendment. I'll give the standard to add alteration to stating "as you most likely are aware" to abstain from misunderstanding with them.I additionally utilize propelled phrasing to present to legal counselors. Let me quickly outline the ladies rights development for secondary school understudies and afterward disclose how to fix it. I additionally utilize less modern words to assist understudies with dodging disarray. In the two gatherings I might want to incorporate the fix procedure in light of the fact that the introduction is proposed and regardless of whether a few gatherings definitely know data, it is a significant piece of the introducing time.
Answer: True
Explanation: Entrepreneurship is the ability to create and run a business venture with the aim of generating a profit. This comes in the form of starting new businesses. It takes into account planning, organising, managing an assembling the 4 factors of production, and using these factors to create a product or service that customers can buy, in exchange for money. The four factors of production are: land, labour, natural resources and capital. It is important to note that although entrepreneurs aim to make a profit, they can also bear risks that can affect their business ventures and thus the profit that they make.
Answer: 12.67%
Explanation:
The effective interest rate on a borrowing is the net annual interest cost divided by the net available proceeds from the borrowing. Dichter gross annual interest cost is $240,000 ($2,000,000 x 12%). Dichter is required to maintain a compensating balance of $400,000, which is $200,000 more than their normal balance of $200,000. Therefore, Dichter earns incremental annual interest revenue of $12,000 ($200,000 x 6%) on the excess compensating balance. The net annual interest cost is $228,000 ($240,000 - $12,000). The net available proceeds from the borrowing is $1,800,000 ($2,000,000 loan less $200,000 excess compensating balance). Therefore, the effective annual interest rate is 12.67%
