Answer:
- Compound Interest ⇒ FV = PV x (1 + I ) ^N
- Simple Interest ⇒ FV = PV x I x N
Explanation:
With compound interest the rate of growth needs to be compounded which is why the time period is used to exponentially adjust it.
With simple interest there is no compounding so the value is simply the interest that will be earned every period (which is a constant value) multiplied by the number of periods and the amount to be invested.
Her decision is known as a "satisfice" decision
The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with receipt of cash.
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What is a merchandise?</u></h3>
- Any form of items, including those used for personal or professional purposes, as well as goods sold to the general public (retail) or other enterprises, are referred to as merchandise (wholesale).
- 'Freebies', or promotional things like the bespoke drink bottles in this example that are given away or not charged for, can also be referred to as merchandise.
- Calendars, magnets, wall art, stationery, greeting cards, textiles, badges, and a wide variety of other goods may be included in this category.
- A T-shirt with a slogan or logo that a political party distributes to voters during an election campaign or a calendar with a logo that a supplier offers its clients at the end of each year are two examples of freebie products.
Buying merchandise can be done with cash or on credit. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account.
Know more about Merchandise with the help of the given link:
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Answer: $4.24
Explanation:
According to the Put-Call Parity, the value would be expressed by;
Put Price = Call price - Stock price + Exercise price *e^-(risk free rate *T)
T is 90 days out of 365 so = 90/365
= 2.65 - 26 + 28 * 2.71 ^ (-0.06 * 90/365)
= $4.24