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anyanavicka [17]
3 years ago
5

The purpose of a budget is to

Business
2 answers:
galina1969 [7]3 years ago
6 0
The purpose of a budget it to help you achieve your short-term and life-span goals
fomenos3 years ago
5 0
The purpose of a budget is to put your money in a spendings account and spend a little bit each day/week
Vote for brainiest answer! :)
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Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $30 per basketball and
NemiM [27]
You would get 20 basketballs at $30 and 30 basketballs at $20.
4 0
3 years ago
What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 7 years if the appropriate disco
zvonat [6]

The current value of a zero-coupon bond is $481.658412.

<h3>What is a zero-coupon bond?</h3>
  • A zero coupon bond (also known as a discount bond or deep discount bond) is one in which the face value is repaid at maturity.
  • That definition assumes that money has a positive time value.
  • It does not make periodic interest payments or has so-called coupons, hence the term zero coupon bond.
  • When the bond matures, the investor receives the par (or face) value.
  • Zero-coupon bonds include US Treasury bills, US savings bonds, long-term zero-coupon bonds, and any type of coupon bond that has had its coupons removed.
  • The terms zero coupon and deep discount bonds are used interchangeably.

To find the current value of a zero-coupon bond:

First, divide 11 percent by 100 to get 0.11.

  • 11%/100 = 0.11

Second, add 1 to 0.11 to get 1.11.

  • 1 + 0.11 = 1.11

Third, raise 1.11 to the seventh power to get 2.07616015.

  • 1.11⁷ = 2.07616015

Divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $481.658412.

  • $1,000/1.2653 = $481.658412

Therefore, the current value of a zero-coupon bond is $481.658412.

Know more about zero-coupon bonds here:

brainly.com/question/19052418

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5 0
1 year ago
Which is considered good practice concerning the installation of acrylic plastics?
quester [9]

When rivets are used, adequate spacer or other satisfactory means to prevent excessive tightening of the frame to the plastic should be considered good practice concerning the installation of acrylic plastics.

A translucent plastic with exceptional strength, rigidity, and optical clarity is acrylic. Acrylic sheet is simple to manufacture, adheres well to solvents and adhesives, and is simple to thermoform.

Compared to many other transparent plastics, it offers better weathering characteristics.

Clarity, brightness, and transparency are characteristics of acrylic sheet that are similar to those of glass, yet it is half as heavy and has many times the impact resistance of glass.

Acrylic plastics offer exceptional versatility, durability, and aesthetic attributes for everything from sturdy signs and skylights to eye-catching retail store fixtures, displays, and shelves.

A practical, transparent substance that resembles glass, acrylic plastic, sometimes called plexiglass, has superior transparency and weighs 50% less than glass of an equivalent thickness. One of the clearest materials is acrylic.

Learn more about  plastics here:

brainly.com/question/8647954

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6 0
1 year ago
At a given level of income, the average black american household has _______ as much wealth as does the average white american h
Lunna [17]

The average Black American household when compared to the average income of a White American household has less than 15% of it.

<h3>How bad is the wealth disparity in America?</h3>

On average, it is said that White American families earn about $142,500 while the average Black family earns $24,100.

This means that the Black family has less than 15% of the income that White American families pull in every year.

Find out more on America's wealth disparity at brainly.com/question/26734565.

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6 0
2 years ago
A bond with par value of $1,000 has an annual coupon rate of 4.8% and currently sells for $970. What is the bond’s current yield
podryga [215]

Answer:

The Bond's Current yield = 4.95%

Explanation:

Annual coupon = Value of Bond * Annual Coupon rate

Annual coupon =  $1000 * 4.8%

Annual coupon =$48

The Bond Current yield =Annual coupon / Current price

The Bond Current yield =  $48 / $970

The Bond Current yield = 0.049485

The Bond Current yield = 4.9485

The Bond Current yield = 4.95%

8 0
3 years ago
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