Answer:
maximum interest rate = 3%
so correct option is A) 3%
Explanation:
given data
investment = $6000
receive = $6180
borrow = $6000
to find out
maximum interest rate bank needs to offer on the loan
solution
we consider here maximum interest rate bank needs to offer is = r
so value of investment will be express here as
value of investment = amount to be borrowed × ( 1 + r ) ................1
put here value we get rate r
6180 = 6000 × ( 1 + r )
solve it we get
rate = 0.03
maximum interest rate = 3%
so correct option is A) 3%
<h3><u>
Answer:</u></h3>
The commission can be shared between the two agents.
<h3><u>
Explanation:</u></h3>
Many times different companies collaborate with each other to sell a particular policy to maximize their profits. When there are two agents licensed in the same line and when the two companies collaborate to sell a policy then the commission is shared between the agents.
This is because they will work together for the profits and that when the two companies collaborate they become one to sell the policy. The agents work together and the commission is given to them as a whole. This is a common practice when two companies work together.
Answer:
$32.60
Explanation:
Data provided in the question:
Dividend paid per share = $0.60
Market price per share = $35.75
Required returns, r = 11.5% = 0.115
Now,
Current price = [ Dividend paid per share + Market price per share ] ÷ ( 1 + r )
= [ $0.60 + $35.75 ] ÷ ( 1 + 0.115 )
= $36.35 ÷ 1.115
= $32.60
Answer:
I believe this would be D
Explanation:
I say that it is D because it is asking about what they would do under certain circumstances and or situations to see what they would say
Answer:
The correct answer is D
Explanation:
Expatriate manager is the one or the workers who are migrated from their home country to the outside nations in order to earn more than the in the home country.
In this case, Company expands the operations in France where they sends Gerard who is a citizen of American. So, this is an expatriate manager as he was migrated to France.
