Answer:
A
Explanation:
The investment A was more risky, but in general they were both pretty much a risk.
With both having a produced annual rates of return in under 10%
Reason for A being the riskier is that his annual rate of return in average was 8%, while B's annual rate was 9%
Difference may seem small, but for bigger investments 1% can be a deal breaker.
Answer:
X=97.24
Explanation:
PV = Present Value = X+2000 by the 16th years
PMT = Payments = $100
FV = Future Value = 2000 at the end of 16 years
n= number of years
Applying the equation of future value for annuity
FV = pmt* ((1+r)ⁿ - 1
)/r
Inputting the values;
2000=100*((1+r)¹⁶-1)/r
Solving for r, gives r = 2.9%
Therefore using the formula for PV for annuity;
PV=PMT*(1-(1/1+r)/r)
X=100*(1-(1/1.029)/0.029
X=100*((1-0.9718)/0.029)
X=100*(0.0282/0.029)
X=97.24
Answer: Gemma took a <em>values inventory </em>in her career explorations class. This indicated to Gemma that money and status may mean a lot to her, but she also finds it healthy to maintain a work-life balance. The correct answer is B.
Explanation:
A values inventory is commonly given in school to help a student with their career goals. They are usually given a personality inventory, an aptitude assessment, and an interest inventory.
The values inventory worksheet has two separate sets of questions about life values and work values. On this worksheet, the student must choose from the columns of "must have, would like, and least important."
A few of the life values a student has to choose from are listed below.
1.) Being Healthy as can be.
2.) Having a happy family life
3.) Having a high status and prestige
4.) Having material possessions in life.
A few of the work values a student has to choose from are listed below.
1.) Being a leader at work.
2.) Working as a team member.
3.) Having experiences that are creative.
4.) Having job security.
It can be concluded that the Wheelz On Rent most likely
practices the concentrated marketing. Concentrated marketing is a type of
strategy in which the products are being made and produced because of a
specific segment of the population of the consumer of that they are likely to
be made for a specific segment.
Answer:
The answer is 5.47 percent
Explanation:
Firstly, we find coupon payment (PMT).
it can be gotten from the price (present value) of bond formula:
PV = PMT/(1+r)^1 + PMT/(1+r)^2 ....... PMT + FV/(1+r)^n
N = 10.5 years
1/Y = 6.2 percent
PV = $945
PMT = ?
FV = $1000
Using a Financial calculator to input all the variables above,
Annual PMT = $54.72
Semi annual will be $54.72/2= $27.36
Coupon rate is Annual PMT /par value
= $54.72/1000
0.0547 or 5.47 percent
