The market price is the current price at which an asset or service can be bought or sold. The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price.
The answer would be C
Answer:
Amount of cash Mick receive from the bank: $768,450
Explanation:
Given:
- $750,000 note
- interest of 9%
- n = 6 months
- Effective interest rate of 12% = 0.12
At first, we need to find out the maturity value, which is:
= $750,000 + $750,000 × 9%
= $750,000 + $67,500
= $817,500
Hence, amount of cash Mick receive from the bank:
= <em>Maturity amount - Maturity amount × effective interest rate × number of periods in year</em>
<em>= </em> $817,500 - $817,500
*0.12*
= $817,500 - $49,050
= $768,450
Hope it will find you well.
Answer:
B) the rules, orders, and decisions of the Consumer Product Safety Commission.
Explanation:
Administrative law refers to the laws that govern and regulate the activities of federal government agencies. Administrative law helps protect citizens rights when they engage in activities with the agencies. It also covers all the regulations, rules and orders that the agencies establish. Administrative law is a part of public law.
Answer:
B. middle managers
Explanation:
Middle managers and lower managers are responsible for implementation of the organization's strategies. However, middle managers are in charge of the lower level managers and the former report to the top-level managers. Top level managers on the other hand are usually responsible for broad strategic planning that covers huge investment decisions, company polices and strategic alliances; they determine the trajectory of the company.