Answer:
The correct option is A
Explanation:
Under the Article 3 of the UCC (stands for Uniform Commercial Code), with few modifications, that govern or regulate the negotiable instruments.
The UCC describe the negotiable instrument as the instrument which is in writing as well as unconditioned promise or an orders of making a payment of the fixed amount of money on a particular date.
So, the negotiable instruments are the promissory notes, checks, COD (Certificate of Deposit) and drafts.
In a free market system, decisions about what and how much is produced are made by the producer.
<h3 /><h3>What is a Market?</h3>
A market is a place where buyer and seller. They exchange goods and services, for a barter or for an agreed price.
Free market system is a type of market which is ideal for the seller, as there is less intervention by the government, also the property is private, the seller have the choice to make decisions. There is competition also which makes it an ideal market for the buyer too.
The autonomy is with the seller about setting the prices and other business matters which enables good interest and motivation for the seller/ the owner of the business/ the participant in the free market.
In a free market it is the choice of the producer to take decision about what and how much of the produced is to be made.
Learn more about Free Market at brainly.com/question/27153904
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Answer:
$13.39
Explanation:
future value of an annuity = monthly payment x FV annuity factor
monthly payment = future value / FV annuity factor
future value = $1,000,000
FV annuity factor = [(1 + 0.5%)¹¹⁸⁸ - 1 ] / 0.5% = 74,670.60843
monthly payment = $1,000,000 / 74,670.60843 = $13.39
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Answer:
The answer is "5.4% and 15,23,500".
Explanation:
Calculating the capital cost:
Maximum amount to be spent
