Answer:
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Answer:
C
Explanation:
which is a legal tender and it's generally acceptable
More efficient
Ceramics or earthenware production are high temperature materials, a clay based motor engine ought to have the capacity to work at higher temperatures empowering ignition of fuel to be more total bringing about expanded burning productivity. This should build execution, diminish fuel utilization and decrease contamination. This ought to likewise empower different energizes to be utilized
Answer:
C) 0.5 USD
Explanation:
Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.
Future value FV = $325,000
Investment I = $40,000
Number of years n = 16
Annual rate = r
We have the equation FV = I (1 + r) ^n => 325000 = 40000(1 + r)^16
(1 + r)^16 = 325 / 40 => 1 + r = (325 / 40) ^ (1/16) => 1 + r = 1.1398
Rate of Interest r = 1.1398 - 1 = 0.1398 that is 13.98%
Annual rate of Interest r = 13.98%