Answer:
America is known as the land of opportunity, where one could achieve anything they put their mind to, no matter who they are. Thousands of people immigrate to the United States every year from different parts of the world to have access to these kinds of opportunities. This is what is known as "the American dream".
Explanation:
Answer:
a wage is a specific amount of money paid per business day
Answer:
$500
Explanation:
Accrued interest is the accumulated interest earned on savings. In a savings plan, interest earned increases the balance of the account. At the end of a period, the balance will be the amount saved plus the accrued interest. If an account is not earning interest, only the amount saved will reflect on the account.
If $30,000 is the amount required, it will be divided by the number of months in saving duration. The saving duration is 5 years, every month, a total of 60 months
every month, you will set aside $30,000 divide by 60 months
=$30,000/60
=$500
Answer:
Correct option is (c)
Explanation:
Principal amount of bond is also called face value of bond that is repaid in full at maturity. Bonds are issued for a fixed period called maturity period that could be 3 years, 5 years or 10 years. At the end of this period, Bond's face value that could be $100 or $1,000 is repaid fully. Repayment of principal amount is not dependent on frequency of coupon payment.
Coupon payments are paid annually or semi annually as the case may be. This is annual interest rate that is paid to the bond holder till maturity of bond. It is calculated on the face value. For example, 5% bond of face value $1,000 is issued. Semi annual coupon payment will be 0.025 × 1,000 = $25.
