Answer:
$50,000
Explanation:
Since the partnership is valued at $300,000, then each partner's stake = $300,000 / 3 = $100,000
that means that each partner must purchase 2 policies (one for each of the other partners) that covers his/her stake = $100,000 / 2 policies = $50,000 per policy
Answer:
2.88%
Explanation:
Use the following formula to calculate the real rate of return
Real rate of return = 
Where
Nominal Interest rate = 7% = 0.07
Inflation rate = 4% = 0.04
Placing values in the formula
Real rate of return = 
Real rate of return = 
Real rate of return = 1.0288 - 1
Real rate of return = 0.0288
Real rate of return = 2.88%
Answer:
option B is the correct answer..
Explanation:
-
market for phones will decline; consequently the equilibrium price will decrease in the amount as well.
- The argument can be supported by the fact that perhaps the fall in production at the initial price would generate an excess supply.
- Prices will therefore fall; therefore suppliers will be prepared to supply fewer, thereby rising demand.
Answer:
Broker
Explanation:
A broker can be defined as an individual or a firm that acts as an intermediary between two or more entities undergoing a business exchange, usually a buyer and a seller. They act as intermediary between buyers and sellers to facilitate securities transactions. They are compensated via commissions after the transaction has been successfully completed. In this case, Cosima wants to be asking as an intermediary between the growers and processors in order to facilitate their business exchanges.
