Answer:
Amount of cash Mick receive from the bank: $768,450
Explanation:
Given:
- $750,000 note
- interest of 9%
- n = 6 months
- Effective interest rate of 12% = 0.12
At first, we need to find out the maturity value, which is:
= $750,000 + $750,000 × 9%
= $750,000 + $67,500
= $817,500
Hence, amount of cash Mick receive from the bank:
= <em>Maturity amount - Maturity amount × effective interest rate × number of periods in year</em>
<em>= </em> $817,500 - $817,500
*0.12*
= $817,500 - $49,050
= $768,450
Hope it will find you well.
The amount of trumpeters total stockholder equity is $68,000
Answer:
Trademark is a product name and symbol that can be copied
Registered Trademark is a product name and symbol that cannot be copied
Explanation:
A Trademark is a symbol that notifies other producers that your product’s name and design are your company’s exclusive property, although this gives insufficient protection because it can be copied since this it does not protect you from another company producing a similar product and using a similar name. In the event of such occurrence you do not have a legal defense because your trademark is not registered.
A registered trademark is distinguished by the symbol ®. A registration protects your trademark from other companies use of the name or image, and in the event of products, names or images being too similar, the rival producing company could be found guilty of trademark infringement.
Calculating the the value of an economy by adding up the value of every good and service produced would lead to overcounting as the value of intermediate goods would be counted twice.
<h3>What is gross domestic product?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Intermediate goods are goods that are used in the production of goods and services. For example, flour that is used in the production of bread is an example of intermediate goods. It is not included in the calculation of gross domestic product.
To learn more about GDP, please check: brainly.com/question/15225458
