The answer is 200%.
If we see the world population index and compare the population
in 1960 and 2000, we see that population in 2000 is double than 1960.
World population in 1960 = 3,007,751
World population in 2000 = <span>6,104,538 which is approximately double than 1960.</span>
So when
we express it as percentage multiply 2 with 100 and we get the percentage 200.
Answer:
Borrow in dollars then at spot rate convert money to british pound. Invest in the pounds for half a year and convert back to dollars.
Explanation:
Access to credit = $20000000
We do a conversion to pounds
= 20000000/2
= £10000000
When this is invested for 6 months
10000000 x 1 +4% x6/12
= 10000000(1+0.04*0.5)
= 10000000x1.02
= 10200000
We then make a conversion back to dollars
10200000 x 2.2
= 22,440,000 dollars
Loan to be repaid
20000000(1+6%x6/12)
= 20000000 x 1 +0.06*0.5
= 20000000 x 1.03
= 20,600,000
Then arbitrage profit = 22440000 - 20600000
= 1840000
Answer:
D. He has a long term liability.
Explanation:
Answer:
the value of the MktRS (market rate of substitution) is 0
Explanation:
The computation of the market rate of substitution is shown below:
Since it is mentioned that
You like apples half as pears
So the equation would be
X = 1 ÷ 2 Y
X ÷ Y = 1 ÷ 2
Now the market rate of substitution of the price is
= $2 ÷ $4
= 1 ÷ 2
So,
= 1 ÷ 2 - 1 ÷ 2
= 0
Hence, the value of the MktRS (market rate of substitution) is 0
The same is to be considered
Answer:
$ 1,586.8743
Explanation:
Calculation to determine what will be the value of the certificate when it matures
Compounded annually
Principal P= 1000
Rate r=0.08
Period n = 6
Using this formula
A = P (1+r)^n
Let plug in the formula
1000 (1.08)^6
= 1586.8743
Therefore what will be the value of the certificate when it matures is $1586.8743
