Answer:$31,379
Explanation:Applying the
Fishers international effect
1+Ic/1+Ib=S1/S0
Where Ib represents the interest rate in base country which is Japan in this case
Ic represents the interest rate in counter country in this case,US
S0 is the base spot rate or exchange rate at the moment while S1 is the spot rate at the end of the coming year
Ic =3%=0.03
Ib=1%=0.01
So=145
Substituting in the formula
1.03/1.01=S1/125
Cross multiplying
S1=125(1.03)/1.01=127.475
So price in US at spot 127.475 will be ¥4,000,000/127.475=$31,379
Answer:
- Compound Interest ⇒ FV = PV x (1 + I ) ^N
- Simple Interest ⇒ FV = PV x I x N
Explanation:
With compound interest the rate of growth needs to be compounded which is why the time period is used to exponentially adjust it.
With simple interest there is no compounding so the value is simply the interest that will be earned every period (which is a constant value) multiplied by the number of periods and the amount to be invested.
Answer:
the amount of increase in the common stock is $75,000
Explanation:
The computation of the amount of increase in the common stock is shown below;
= Number of shares of common stock sold × stated value per share
= 15,000 shares × $5 per share
= $75,000
Hence, the amount of increase in the common stock is $75,000
Idk never heard of this before
Answer:
Service
Explanation:
A service is any intangible offering that involves a deed, performance, or effort that cannot be physically possessed by the service takers.
