Answer:
A business or firm is an organization that uses resources to produce a product which it then sells.
Answer:
$1,256,000
Explanation:
Data provided in the question:
Number of semiannual payments received = 16
Amount of each payment = $100,000
Annual interest rate = 6%
Thus,
Semiannual interest rate = = 3% = 0.03
Now,
Payment = Amount ×
or
Payment = $100,000 ×
Payment = $100,000 × 12.56
or
Payment = $1,256,000
Answer:
The correct answer would be, Fundamental Attribution Error. Dan's tendency to ignore bob's sickness and focus on his traits as a reason for his poor performance exemplifies Fundamental Attribution Error.
Explanation:
When people focus on the internal factors such as personality or disposition to explain someone's behavior in a certain situation, and ignoring the external factors like situational influences, the person is said to be exercising the Fundamental Attribution Error.
Just like in this question, Bob was sick, which is an external factor, due to which he was unable to perform well in the presentation. His colleague told to audience that bob is timid and lacks confidence, which is an internal factor of bob. So Dan exercised the Fundamental Attribution Error.
Answer:
The forward is discount, which is -1.8%
Explanation:
The forward rate is the rate of interest that is applicable or applied to the financial transaction, which will happen in the near future.
The percent is computed as:
= (Spot rate / Forward rate) - 1
where
Spot rate is $1.60
Forward rate is $1.63
Putting the values above:
= ($1.60 / $1.63) - 1
= $0.9815 - 1
= -1.8 %
which is forward discount.