If he was the first to say he wanted the product and the seller wants to sell it as fast as possible than yes. But not technically it would be a kind of verbal understanding and agreement.
Answer:
Blume's formula combines the geometric and arithmetic means of an asset to be able to predict its returns in a given period.
The formula is;
<em>= Geometric Mean*(T-1)/(N-1) + Arithmatic Mean *(N-T)/(N-1)
</em>
Where;
T = Period in question
N = Total period
10 years
= 8.3%*(10-1)/(90-1) + 10.3%*(90-10)/(90-1)
= 10.1 %
25 years
= 8.3%*(25-1)/(90-1) + 10.3%*(90-25)/(90-1)
= 9.76%
30 years
= 8.3%*(30-1)/(90-1) + 10.3%*(90-30)/(90-1)
= 9.65%
Answer:
$0.7577
Explanation:
The computation of the finance charge is shown below:
Finance charge = The account balance × monthly rate
where,
The account balance = $50.51
Monthly rate = 18% ÷ 12 months = 0.015
So, the finance charge is
= $50.51 × 0.015
= $0.7577
We simply multiplied the account balance with the monthly rate so that the finance charge could come
All other information is not relevant. Hence, ignored it
I believe that Kim would be concerned about moving to the next tax bracket because the more money you earn in a year, the higher the income tax, and oftentimes groups of people that make anywhere from someodd-thousand to someodd thousand get taxed so much, and once you move up out of that range, you'll get taxed more, leaving you less money in your bank account that you worked for.
Fingers crossed that I helped you! :)
