Answer:
$12,300
Explanation:
I will assume that Joseph invested in the fund on July 14, 2013.
We have to calculate the future value to March 15, 2014 (8 months later).
since the interest is compounded semi annually, it will earn interest on January 14, 2014.
Future value = $12,000 x (1 + 2.5%) = $12,300
since the fund is going to earn interests again on July 14, 2014, the value on march 14 is the same = $12,300
Answer:
Credit card companies can invade your privacy by monitoring all your credit card transactions and making decisions, whether correct or incorrect, about your credit worthiness and your character.
Explanations:
All credit card transactions are logged into a data base which is accessible to credit card companies.
Therefore credit card companies can form opinions about your credit worthiness on the basis of your credit card transactions.
For example, if you use your credit card to pay for groceries, utilities, and ordinary bills, a credit card company could assume that you are in financial distress and make a decision to reduce your credit limit.
If a person uses a credit card often at a casino or gambling locations, that could also signify to credit card issuers that the person may not be using money wisely, and may not be willing to provide more credit to the gambler.
To sum it up, personal privacy is lost whenever a person uses a credit card. Credit card issuers may form opinions about a card holder that may be correct or incorrect, based on the person's credit card transactions.
A Masters Degree Because with that you can get any job you want
Answer:
€ 0.004871
Explanation:
Direct quote is a method of quoting a foreign currency per one unit of domestic currency.
Indirect quote is a method of quoting a foreign currency in which price of foreign currency is expressed in domestic currency.
In the given question to find the units Euro per Yen we need to divide the Euro per dollar rate with the Yen per dollar rate.
Euro 0.5547 / $1
Yen 111.83 / $1
Euro per Yen = 0.5547 / 111.83 = €0.004871 per ¥1