Solution:
Let x = amount invested at 6% and
let y = amount invested at 2%.
We can set up some equations that describe x and y:
"$17,200 is invested total" means
x + y = $17,200
"The interest earned from the amount invested at 6% exceeds the interest earned from the amount invested at 2% by $441.00" means
0.06x = 0.02y + $441.00
Solve for x in the first equation to get x = 17,200 - y, then plug that into the second equation and solve for y:
0.05(17,200 - y) = 0.02y + 441.00
860 - 0.06y = 0.02y + 865.35
5.35 - 0.09y = 0.02y
154.80 = 0.11 y
1407 = y
So, $1407 was invested at 2%. Plug y = 1407 into the first equation and solve for x:
x + 1407 = 17,200
x = 15,793
So, $15,793 was invested at 6%.
Based on the inflation rate and the yield to maturity, the real rate of return on the bonds will be 5.23%.
<h3>What is the real rate of return?</h3>
This can be found by the formula:
= (( 1 + nominal Return) / ( 1 + Inflation rate)) - 1
Solving gives:
= ( ( 1 + 8.0%) / ( 1 + 8.90%)) - 1
= 1.0523 - 1
= 5.23%
Find out more on real rates of return at brainly.com/question/1698368.
Answer:
----Either similar or identical products --------Difficult entry
----Mutual interdependence
Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.
Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc
Answer:
Explanation:
PECs stands for <em>Personal Entreprenurial Competencies.</em>
It is important to evaluate them because they have a way of predicting how successful one would be in a particular business.
Some of these attributes include but are not limited to the following:
- Ability to Influence other People: People here refer to customers, public and even staff.
- Self-Confidence: Confidence in one's abilities is key for survival in any business or endeavour.
- Persuasion: Persuasion goes hand in hand with influence and Self-Confidence. It's almost impossible to influence other people if ones does not have self-confidence or lacks the strategy to do so.
- Efficiency Orientation: The best entrepreneurs known how to create value from little or nothing.
- Problem Solving: This is one of the greatest skills of an Entrepreneur. The higher they go on this trait, the more their chances of success.
- Information Seeking: This is not just about reading. It refers to ones ability to seek related intelligence within and outside of one's environment. Good intelligence contributes to great decision making.
- Ability to spot and utilize Opportunities: This is two traits combined in one. Spotting opportunities is overrated. Ability to organise internal and external resources in order to translate such opportunities into value is priceless.
- Grit: Also known as persistence. This is key and is required for any idea which is receiving efforts to come to fruition.
Cheers!
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Such contract when issued are represented and controlled by the Florida Insurance Policy Code. These agreements must have certain arrangements in them as required by Florida law. The standard procedure when an insurance contract will be issue should have the following items: the agreement clause,grace period,secondary notice,misstatement of age, strategy loan,reinstatement, intrigue payable on death assert</span>
