Answer:
Final Value= $565,593.64
Explanation:
Giving the following information:
It is estimated that she would need $1 million to cover all the expenses for both her children. She is willing to save $20,000 every six months for the next 10 years. The estimated rate of return is 7 percent annually that she would be earning on a semi-annual compounding basis.
Effective rate=0.07/2= 0.035
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {20000*[(1.035^20)-1]}/0.035= $565,593.64
Answer:
autocratic
Explanation:
The autocratic leadership style refers to a management style where all the important decisions are made by one single person, the leader. He/she will not even bother to ask their subordinates about their own ideas, they only trust their own judgment and generally refuse to take advice from others.
Answer:
Investor
Explanation:
A stock is a speculation. At the point when you buy an organization's stock, you're buying a little bit of that organization, called an offer. Investors buy stocks in organizations they think will go up in esteem. On the off chance that that occurs, the organization's stock increments in esteem also.
Investor is a person who purchase shares of a company in the market.
Answer:
buying the bill at a discount from the face value to be received at maturity.
Explanation:
Treasury bills also referred to as T-bills are short term financial instruments. T-bills are issued at a discount from the face value or par value of the bill. Therefore, a T-bill which has a face value of $2000 may have a purchase price of $1,500. The investor will buy the T-bill for $1,500 and upon maturity of the instrument, the investor will receive $2000. The difference between the purchase price of $1,500 and the amount received at maturity of $2000 is interest earned by the investor.
Dividend means that a company is how much a company pays of its profits to shareholders or investors.
