Answer:
The simple interest of $34100 at 4% for 3 years
Explanation:
(34100 x .04) x 3
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C coverage because it’s money to pay for the accident etc.
Answer:
Budgeted operating expense for Credit Card transactions:
Credit Card Transaction fee $0.20 x 30,000 + 1.5% of $9,000,000 = $141,000
Explanation:
The first element of the budgeted expense is $0.20 of 30,000 transactions. This gives a value of $6,000.
The second element is 1.5% of the transaction value. This gives a value of $135,000.
When added up, we have a total of $141,000 as the total expense to be budgeted for credit card transactions.
The essence of having such separate charges is to capture the volume of transactions as well as the value. Transaction-based services are usually priced to include costs based on volume and value.
It is generally considered to be fair for the two parties involved. Sometimes, the volume may be less but the value more and vice versa. In order to compensate the service provider fairly, such arrangements are made to integrate volume and value in the pricing scheme.
Answer: Tangshans required rate of return according to CAPM= 3+1.2*(8-3)
R=9%
Intrinsic Value= 5.5*1.05/0.09-0.05= $144.375
Stock is Overvalued as its intrinsic value is $144.375 but it is selling in the market for $160
Explanation:
A) gathering statistics online
as you didn't do the research yourself
