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Paha777 [63]
3 years ago
11

Nancy Groom owns one $1,000 corporate bond issued by General Motors. The bond pays 8.5 percent. If interest is paid semiannually

, what is the amount of the check that Ms. Groom will receive at the end of each six-month period.
Business
1 answer:
svlad2 [7]3 years ago
6 0

Answer:

$42.50

Explanation:

The computation of the amount received at the end of each six month period is shown below:

= Issued amount × rate of interest × number of months ÷ total number of months in a year

= $1,000 × 8.5% × 6 months ÷  12 months

= $42.50

By multiplying the issued amount with the rate of interest and the number of months we can get the amount of the check and the same is shown above

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Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge
inna [77]

Answer:

$214,000

Explanation:

The total reservation cost per month is given by the following expression:

R = \$14,000+\$1*n

Where 'n' is the number of monthly reservations.

If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

R = \$14,000+\$1*200,000\\R=\$214,000

Total reservation cost is $214,000.

7 0
3 years ago
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Durable ceramics, inc., provides inexpensive ceramic tile to builders of institutional buildings such as schools, prisons, and p
anzhelika [568]

Answer:

d. cost-less will go out of business, and durable will gain higher power over its customers.

Explanation:

Durable ceramics, inc will only reduce its prices if this is to its advantage. We live in a capitalist world where companies make decisions based on their own benefits. In this case, in order for Durable ceramics, inc to lower its prices and have no losses, it would expand its sales. In this way, Durable ceramics, inc would be able to capture customers from its competitors, and could make them go bankrupt.

Thus, we can conclude that if Durable ceramics, inc reduced its prices, Cost-Less would go out of business and Durable would gain greater power over its customers.

5 0
3 years ago
A public service ad on television shows a young boy resisting the attempts of someone off-camera to persuade him to accept drugs
Stells [14]

Answer: Attitude inoculation

Explanation:

Attitude inoculation is referred to as the technique or method which is used in order to make an individual immune to the attempts taken in order to change the attitude thereby firstly exposing themselves to the small arguments taken against their position. It is referred to as so since it tends to works similarly like a medical inoculation, that exposes an individual's body to the weaker state of the virus.

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A popular cartoon channel on television ran a holiday feature on the best and worst high-tech gifts for children. in the feature
VashaNatasha [74]

Video news release (ignore what im typing in the parenthesis im taking up space)

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3 years ago
Present values Suppose going to college costs 20,000 a year. The average earnings of a highschool graduate are 20,000 a year. By
o-na [289]

Answer:

Annual benefit from college education (Increase in earnings) = $50,000 - $20,000 = $30,000

<em>Assuming 4 years of college study period</em>

<u>The net present value of a college education if the interest rate is 10% is as follows</u><u>:</u>

Net present value = PV of benefits - PV of costs

Net present value = Annual benefit*P/A(10%,4) - Annual costs of attending college*P/A(10%,4)

Net present value = 30,000 * P/A(10%,4) - 20,000 * P/A(10%,4)

Net present value = (30,000 - 20,000) * P/A(10%,4)

Net present value = 10,000 * P/A(10%,4)

Net present value = 10,000 * 3.1699

Net present value = $31,699

<u>How does this change if the interest rate is 15%?</u>

Net present value  = 30,000 * P/A(15%,4) - 20,000 * P/A(15%,4)

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Net present value = 10,000 * 2.855

Net present value = $28,550

4 0
3 years ago
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