Answer:
The amount of loan after two years is $2875.68.
Explanation:
Given information:
Interest rate = 7%, compounded continuously.
Time = 2 years
Initial value of loan = $2500
The formula for amount after continuous compound interest is
where, P is principal,r is nominal rate per year, t is time in year.
Substitute P=2500, r=0.07, t=2 in the above formula.
Therefore the amount of loan after two years is $2875.68.
Answer:
J-shaped curve
Explanation:
Project life cycle is the cycle or the phase, where the project goes or dealt with the initiation to its closure. In short, it can be defined and modified as per the aspects and the needs or requirements of the company.
J- shaped curve, is the curve which has the life cycle curve, that is convex to the baseline at the finish or end of the life of the project. And the curves runs or move parallel to the y axis.
Under this situation, the scenario of the project is J-shaped curve.
Answer: Option E
Explanation: In simple words, domestic security analyst refers to an individual having specialized knowledge and skills to analyze past data and present market condition to forecast future expectation of different securities whether debt, equity or preference.
These analyst predicts how the securities of the investor will perform in the future and take corrective actions to maximize the profit of those investors.
Thus, we can conclude that they work in an investment industry of securities in which different individuals buys various securities of different companies with the hope of earning higher returns than traditional investments.
What is the change due if a $5 bill is tendered for a charge of $4.21?
A.0.79