Answer:
Amount invested that is principal amount will be $3971.137
Explanation:
We have given that Sharon Lee wants to accumulate $10000 by the end of 12 years
Future value A = $10000 after 12 years
Rate of interest is given r = 8%
Time period n = 12 year ( which is required to accumulate the future value $10000)
We have to fond the amount invested, that is principal amount
We know that future value is given by
P = $3971.137
So the amount invested that is principal amount will be $3971.137
34,944 ÷ 12 = 2,912
He earned $2,912 a month which would add up to his year salary being $34,944
Answer:
Increase demand
Explanation:
Tastes and preferences of the consumers is one of the determinant of demand that would shift the demand curve rightwards or leftwards.
Now, if there is an increase in the taste of the consumers for a good then as a result this would increase the market demand for that particular good. This would also shifts the demand curve of that good rightwards.
If there is a positive change in the taste of the consumers for a good then they will buy more quantity of that good.
Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met, common shareholders are known as Residual owners.
<h3>What does Shareholders means?</h3>
A shareholder (in the US frequently alluded to as investor) of a company is an individual or legitimate substance.
A body politic, a trust or organization) that is enlisted by the partnership as the lawful proprietor of portions of the offer capital of a public or confidential partnership. The impact of a shareholder on the not entirely set in stone by the shareholding rate claimed. Shareholders of a company are legitimately isolated from the actual enterprise.
They are for the most part not at risk for the organization's obligations, and the shareholders' responsibility for organization obligations is supposed to be restricted to the neglected offer cost except if a shareholder has offered ensures. The company isn't expected to record the helpful responsibility for shareholding, just the proprietor as recorded on the register.
Therefore Shareholders might have procured their portions in the essential market by buying into the Initial public offerings.
Learn more about Shareholder here:
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Answer: d) Cannot sue Bob for misrepresentation
Explanation: A misrepresentation is a false statement made from one person to another that a certain fact is true or accurate when it is indeed false. The fact that the value of the stock I bought on Bob's opinion does not give me the right to sue him for misrepresentation (intentional). The reason is this, Bob's expression of his opinion concerning the HotNet stock does not usually constitute a misrepresentation even when it turns out that his opinion is incorrect. It wasn't intended, however, he could be sued for negligent misrepresentation.
