Answer: this method takes longer to perfect than the bowsight method.
In instinctive aiming method. You aim at the target with your both eyes open so looking<span> at the target with the right eye closed or with the left eye closed is not true. </span> It is also not true that this method is less versatile than the bowsight method. <span>It is true that this method takes longer to perfect than the bowsight method.</span>
Answer:
The amount to be saved at the age of 65 is $1940755.74
Explanation:
To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13
Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]
= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]
= 7728742.2 * 0.2511089
= 1940755.74
It is indeed reasonable.We know this because interest rates rise when the economy is booming and fall when the economy goes into a
recession which is known as procyclic movement. What happens is that during recessions the government usually tries to keepcinterest rates low in order to stimulate investment. It is good because bond prices <span>and interest rates go in opposite directions so bond prices will rise when recession starts. </span>
Answer:
A. the liabilities of the First National Bank decrease by $10.
Explanation:
Answer:
12%
Explanation:
Initial investment =$5,000.00
Value of stock with 10%=$10,000*(1+10%)=$11,000
The amount repayable to the broker after one year is the amount borrowed plus interest of 8%
Amount borrowed plus interest= $5,000+( $5,000 *8%)
Amount borrowed plus interest=$5,400
Rate of return=(Value of stock with 10%-Amount borrowed plus interest-equity fund)/amount borrowed
Rate of return=($11,000-$5,400-$5000)/$5,000=12%
