Answer:
written guarantee that states an item will be fixed or replaced under certain conditions
Explanation:
A warranty by definition is a written guarantee that states an item will be fixed or replaced under certain conditions. Examples of warranties include elements of houses or cars. Warranties reduce consumers' risk by protecting against failure and risk.
Answer:
the answer C
Explanation:
As long as the documents strickly comply with the letter of credit requirements, the bank will not have to reimburse the buyer
b. If there is fraud in the transaction, the bank will have to reinburse the buyer and seek its remedies against the seller
c. The strick compliance insulates the bank from liability, since it assures the bank that the underlying contract between the buyer and seller is entirely independent from the letter of credit contract
A 401(k) gives you tax breaks, therefore I'd say A.
Answer:
15.18%
Explanation:
Calculation for the nominal annual rate
First step is to find EFF% using this formula
EFF%=[1+(Nominal rate percentage/Numbers of months in a year )]^Numbers of months in a year
Let plug in the formula
EFF%=[1+(15%/12)^12
EFF%=(1+0.0125)^12
EFF%=(1.0125)^12
EFF%=1.1608×100%
EFF%=116.08%
Second step is to find Rnom compounding quarterly of 116.08% using this formula
Rnom compounding quarterly = (1+(R/4)^4
Let plug in the formula
Rnom compounding quarterly= (116.08%)^(1/4) Rnom compounding quarterly= 1+ R/4
Hence,
Rnom compounding quarterly = 15.18%
Therefore Anne Lockwood should quote her customers with Rnom compounding quarterly of 15.18%
<span>D. understand and value employee differences.</span>
MUTUAL FUND is invested by managers in a diversity of stocks, bonds, and other securities.
A mutual fund is an investment vehicle where a pool of funds are collected from numerous investors and are invested in securities like stocks, bonds, money market instruments, and similar assets. It is operated by money managers, who invest the fund capital on the investors behalf.