Answer:
The answer is "Choice D".
Explanation:
FedEx Express has developed or continued being a pioneer in high level, providing quick, which remains the global leader offering quick, efficient, or timely delivery to even more than 220 countries that connect more than 99% of the world's largest gross national product with markets, that's why the Two customers are in Wisconsin for Mighty Manny. Mighty Manny accepts phone orders or ships products via FedEx to its customers.
Answer:
60.60%
Explanation:
The computation of the percentage of your salary would go to pay for the first year of your child's college education is given below:
The salary after 10 years would be
= 80000 × 1.03^10
= 107513.31.
Now Similarly, the college fees after 10 years would be
= 40000 × 1.05^10
= 65155.78.
So, the percentage would be
= 65155.78 ÷ 107513.31
= 60.60%
Answer:
Second year :
Nominal rate = 8.15%
Real rate = 5%
Third year :
Nominal rate = 6.00%
Real rate = 4.95%
Explanation:
Nominal return =(Interest + price change) / initial price
Real rate of return = (1 + nominal rate) / (1 + inflation) - 1
Second year:
Nominal return = [53.05 + (1060.90 - 1030)]÷ 1030
(53.05 + 30.90) ÷ 1030 = 0.0815 = 8.15%
Real rate
[(1 + 0.0815) ÷ (1 + 0.03)] - 1
(1.0815 ÷ 1.03) - 1 = 0.05 = 5%
THIRD YEAR:
Nominal return = [53.58 + (1071.51 - 1060.90)]÷ 1060.90
(53.05 + 10.61) ÷ 1060.90 = 0.060 = 6.00%
Real rate
[(1 + 0.060) ÷ (1 + 0.01)] - 1
(1.060 ÷ 1.01) - 1 = 0.0495 = 4.95%
Answer:
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