Pete plans to pay off Lynn on the give-up of 9 years with 4% interest compounded semiannually=$116,815.96.
A = P(1 + r/100)t
A=59000(1+0.1/2)^(2*7)
=$59000*1.979931599
interest compounded =$116,815.96
Compounding hobby semiannually method that the fundamental of a loan or investment at the start of the compounding period, in this case, every six months, consists of the entire hobby from every preceding period.
Semiannual means an event that happens twice a year, every six months. In business surroundings, semiannual is something that is recurring like payments or an interest fee.
If you want to calculate what your investments may be really worth primarily based on returns that compound semiannually, first, divide the yearly fee of going back by way of 100 to convert it to a decimal. 2nd, divide the once-a-year price as a decimal by way of 2 to transform it into a semiannual fee for going back.
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Answer:
<u>Foreign trade</u>
Explanation:
Often times a major determiner of the value of countries currency is the amount of their exports.
Thomas therefore as a financial advisor <em>should advise the government to build more on production of locally available materials that are highly demanded internationally for exports, by so doing he could improve the country's currency</em>.
Answer:
c. (1) (3), (5
Explanation:
Based on the information if she is trying to make decision on which one of two job offers she will accept the items that are IRRELEVANT or not important to her decision will be the BASIC SALARY, MOVING ALLOWANCE and INCURRED JOB SEARCH COSTS reason been that what is most relevant to her is how she will choose the best job among the two job offers she has at hand .
Answer:
Explanation: Subtract from net income to arrive at net cash flows from operating activities.
Answer:
E) None of these
Explanation:
Calculation to determine which of the following is the mean time between arrivals
Using this formula
Mean time between arrivals = 1/Arrival rate
Let plug in the formula
Mean time between arrivals= 1/12
Mean time between arrivals= 0.0833 hours or 5 minutes
Therefore the Mean time between arrivals will be 0.0833 hours or 5 minutes