Answer:
t = 69.4879 years ≈ 69 years 5 months and 27 days
Explanation:
A = P × 
Here,
A = total amount = $8,000
P = principal or amount of money deposited = $125
r = annual interest rate = 6%
n = number of times compounded per year = monthly i.e 12
t = time in years
thus,
$8,000 = $125 × 
or
= 64
taking natural log both the sides, we get
= ln(64)
or
12t × ln(1.005) = ln(64)
or
12t = 
or
12t = 833.85433
or
t = 69.4879 years ≈ 69 years 5 months and 27 days
Answer:
$605,000
Explanation:
According to the scenario, computation of the given data are as follows,
Face value = $605,000
Coupon rate = 6%
Rate of interest = 6%
As coupon rate and market interest rate is similar, then in this scenario issuance price of the bond is equals to face value of the bond.
Then, Issuance price of bonds = Face value of bonds
Issuance price of bonds = $605,000
Answer:
A. there is little room for price variations from the competition
Explanation:
When a company's product cannot be easily differentiated from competitors' products, it means that these companies sell homogenous products; the features and purpose are very similar to the customers and they would see little opportunity cost when they chose one over the other. The sellers are therefore price takers in the market and their sales revenues will depend on forces of demand and supply. Therefore, there is little room for price variations from their competitors.
Answer:
see below
Explanation:
Assets are the things a person or a company owns. They are items precious to a business or an individual. Assets are things that can be assigned a monetary value. They are in the form of cash, properties, money market securities, machinery, plants and equipment, intellectual property rights, and many others.
Liabilities are money a business or person owes others. They are loans, debts, and obligations that need to be paid. Common liabilities include bank loans, unpaid utilities, and creditors such as suppliers.
Answer:
It is the amount of moneylong dashcurrency and checking account depositslong dashthat individuals hold.
Explanation:
