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solmaris [256]
3 years ago
9

You are considering investing $6,789 at an interest rate of 7.345% compounded annually for 15 years or investing $6,789 at an in

terest rate of 8.123% for 15 years. Which is a better investment option?
Business
1 answer:
zaharov [31]3 years ago
3 0

Answer:

$6,789 at an interest rate of 8.123% for 15 years

Explanation:

As in the question, it is mentioned that there are two investment options who are compounded annually and the invested amount is also the same but the rate of the interest is different. In the first investment option, the rate of interest is 7.345% and in the second option, the rate of interest is $8.123%

The higher rate of interest, the better investment option it was as it gives the highest return as compare to the first investment option

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Explanation:

4 0
3 years ago
When the _____ value of debt is the same as its face value, it is said to be selling at _____ value.
Allushta [10]

Answer:

When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

Explanation:

Face value and par value is same. When market price of the bond is same as the face value of the bond it is said that this debt is trading on its par value. Par or face value is the value on which bond is initially issued and the value mentioned on the face of the bond. So, When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

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3 years ago
Select all that apply Determine which of the following statements are correct descriptions of a subsidiary ledger. (Check all th
djyliett [7]

Answer:

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Explanation:

A subsidiary ledger is defined as a supporting ledger that contains details of an account on the general ledger.

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Therefore the balance of the subsidiary ledger will equal the amount in the general ledger account.

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3 years ago
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Answer:

The correct answer is C

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So, marketing is the process of managerial and social through which the groups and the individuals obtain what they want and need by exchanging and creating products and value with others.

3 0
3 years ago
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