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user100 [1]
3 years ago
13

A borrows 10,000 from B and repays with 40 quarterly installments at a 4% annual effective rate. After 6 years, B sells the righ

ts to future payments to C, at a price which yields C 6% annual effective over the remaining installment periods. What price did C pay
Business
1 answer:
Vsevolod [243]3 years ago
6 0

Answer:

$4,303.68

Explanation:

Quarterly payment = $10,000 / 32.835 (PVIFA, 1%, 40 periods) = $304.55

After 6 years, the principal due = $4,483

Present value of an annuity = payment x PVIFA = $304.55 x 14.13126 (PVIFA, 1.5%, 16 periods) = $4,303.68

The difference is not significant since the remaining payments are not many, and the increase in quarterly rate is only 0.5%

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Indicate whether each of the following creates a demand for or a supply of European euros in foreign exchange markets:__________
DIA [1.3K]

Answer:

A: Demand of euros in foreign market.

B: Supply of Euros

C: Demand of Euros

D: Demand of Euros

E: Supply of Euros

F: Demand of Euros

G: Supply on Euros.

4 0
3 years ago
1. When you spend more than you make, you have a(n) _____?
Y_Kistochka [10]
I think the correct answer from the choices listed above is option A. When you spend more than you make, you have a deficit. <span>In economics, a </span>deficit is<span> an excess of expenditures over revenue in a given time period. Hope this answers the question. Have a nice day.</span>
7 0
4 years ago
Read 2 more answers
All of these are true about feedback except
Svetach [21]
The answer is D. <span>. most companies recognize the need for organizational leaders to get feedback from their employees
For most companies, the upper management level employee rarely took any form of advice/feedback from lower level employees.
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3 0
4 years ago
A firm commitment arrangement with an investment banker occurs when the: issue is solidly accepted in the market as evidenced by
Elina [12.6K]

Answer:

A firm commitment arrangement with an investment banker occurs when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.

The correct option is B.

Explanation:

A firm commitment arrangement happens when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.

However, the issuer receives a little less money than the offering price but he gets a specific amount for all the security being issued. The risk rests completely on the investment banker.

Therefore, the correct option is B.

6 0
3 years ago
In one nation, life expectancy is in the high 50s. Few citizens have access to modern technology, and the average yearly income
NARA [144]

Answer:

Developing

Explanation:

A developing country is one where,

  • Per capita income is lower which means individuals earn money for basic survival. There are no means of investment and savings.
  • Life expectancy is higher due to absence of modern medical facilities in all areas.
  • Technology is still reaching people in rural areas. Not everybody has access to modern technology.
  • High rates of population and unemployment.

Here, the country has all features of a developing world nation.

8 0
3 years ago
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