Answer:
9.749 years
Explanation:
Given that :
Principal, P = 20,000
Total investment A = 35000
Investment 1:
P = $10,000
Compounded continuously at r = 5.2% = 0.052
A = Pe^rt
Investment B:
P = $10,000
Compounded annually at r = 6.4% = 0.064
A = P(1 + r)^t
Hence, final amount, A on both investment = 35000
A = Pe^rt + P(1 + r)^t
35000 = 10000e^0.052t + 10000(1 + 0.064)^t
Divide through by 10000
3.5 = e^0.052t + 1.064^t
t = 9.749123
t = 9.749 years
Answer:
a. content accuracy
Explanation:
The FTC, or Federal Trade Commission regulated the content of ads, it prohibits unfair or deceptive. Ads are therefore regulated in order to show the truth to the consumer, avoiding any misleading.
I hope you find this information useful and interesting! Good luck!
Answer:
(C) the forces of supply and demand
Explanation:
In a perfectly competitive industry, no single buyer nor seller will be able to influence prices thus marking the forces of demand and supply (the invisible hand) the determinant of pricing. Each buyer or seller will only account for a minute portion of total demand and supply thus making their influence of market price insignificant.
Options (A), (B) and (D) are incorrect as the largest firms, individual sellers and individual buyers do not influence pricing over price in a perfectly competitive market.
Explanation:
Information consists of data that has been organized to help answer questions and to solve problems.
An information system is the software that helps organize and analyze data. The purpose of an information system is to turn raw data into useful information that can be used for decision making.
Answer:
the purchase of a foreign asset and a forward contract in the market for foreign exchange.
Explanation:
An arbitrage is a type of trade that is caused as a result of market inefficiency.
For example, if a stock is trading at $50 on the London Stock Exchange (LSE) while it is trading for $52 on the New York Stock Exchange (NYSE) at the same time. Philip buys the stock on the LSE and sells the same shares immediately on the NYSE and earns a profit of $2 per share, this is referred to as an arbitrage.
This ultimately implies that, arbitrage allows an individual to profit from the price difference between similar goods, commodity, securities or currency in different markets.
A covered interest arbitrage can be defined as trading strategy in which an investor minimizes his or her currency risk by using a forward contract to hedge against the interest rate difference between two countries i.e the exchange rate risk. Thus, it's considered to be the most common interest rate arbitrage around the world.
Hence, a covered interest arbitrage involves both the purchase of a foreign asset and a forward contract in the market for foreign exchange.
