Principal, P = $5,300
Rate, r = 6.9% = 0.069
Compounding interval, n = 365
Time, t = 4 years
Note that n*t = 365*4 = 1460.
The value after 4 years is
A = 5300*(1 + 0.069/365)¹⁴⁶⁰ = 5300*1.3178 = 6984.41
Answer: $6,984.41
Answer: Marketable title clause
Explanation:
Marketable title clause is a clause that is found in a mortgage which ensures that the borrower will maintain clear title on the property in the event the bank is forced to foreclose.
A marketable title is a title that can be given to a new owner and it should be noted that there's no likelihood that another party will make claims on it.
Answer: The correct answer is "Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.".
Explanation: In her testimony, the president claimed<u> Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.</u> Using traditional guidelines, Congress determined that Nikkei was not dumping.
It is known as dumping when companies sell products at a lower price abroad than they sell in their country.
Answer:
Larry's insurance policy cover = $729,000
Amount pay by Larry = $243,000
Explanation:
Given:
Number of insurance = 3
Each injured person awarded = $243,000
Find:
Larry's insurance policy cover
Amount pay by Larry
Computation:
Larry's insurance policy cover = Number of insurance × Each injured person awarded
Larry's insurance policy cover = $243,000 × 3
Larry's insurance policy cover = $729,000
Amount pay by Larry = $243,000 (For fourth person)