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2 years ago

Almost ___________________ percent of U.S. banks are FDIC members.

1 answer:

7 0

Answer: c 90%
Explanation: as of 2019, 4519 banks in the USA are and there are roughly 5000 banks in USA so that is roughly 90%

hope that helps if you have any questions let me know and if you could mark this as brainliest i would really appreciate it!

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Interest earned on a savings account is _____.

kondor19780726 [428]

Correct
b. the percentage a financial institution pays you to borrow your money

7 0

2 years ago

InSeason Inc. started a chain of organic supermarkets that had initial success. The managers achieved a mastery of the firm's cu

Hitman42 [59]

Answer: Resistance to change

Explanation: In the given case the managers of Inseason inc. made the focus on short term goals rather than the long term. The manager in the given case did not took proper actions to continue the firm with large scale operations.

The managers was resisting the change due to the risk factor that it might not lead to benefit and the continuous success that the entity is making might stop.

Thus, the correct option is A.

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3 years ago

Roadside Markets has 8.45 percent coupon bonds outstanding that mature in 10.5 years. The bonds pay interest semiannually. What

Anarel [89]

Answer:

Total $1,091.0030

Explanation:

The market value of the bond will be the sum of the present value of the cuopon payment and the maturity date:

present alue of cuopon payment will be calculate as present value of an ordinary annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 42.25 (1,000 face value x 8.45% /2 payment per year)

time 21 (10 years at 2 payment per year+ 1 payment)

rate 0.036 (here we use the YTM rate /2 because there are 2 payment per year)

$42.25 \times \frac{1-(1+0.036)^{-21} }{0.036} = PV\\$

PV $615.1803

<u>Then, for the present value at maturity, we calculate the present value of a lump sum</u>

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 21.00

rate 0.036

$\frac{1000}{(1 + 0.036)^{21} } = PV$

PV 475.82

<u>Finally, we add them both together</u>

PV c $615.1803

PV m $475.8227

Total $1,091.0030

8 0

3 years ago

Shelton Enterprises is expecting tremendous growth from its newest boutique store. Next year the store is expected to bring in n

Sedaia [141]

Answer:

B. $6,448,519

Explanation:

The computation of the present value of this growing annuity is given below:

PVA = [Cash flow at year 1 ÷ (interest rate - growth rate)] × {1 - [(1 + growth rate) ÷ (1 + interest rate)^number of years}

= [$675,000 ÷ (0.18 - 0.13)] × [1 - (1.13 ÷ 1.18)^15]

= $6,448,519

Hence, the correct option is b.

4 0

2 years ago

Your text suggests that you look for an agent who has been in the insurance business for how long?

Novay_Z [31]

Atleast 2 years.......

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2 years ago

Read 2 more answers