1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shepuryov [24]
3 years ago
8

An effective 12.68% per year, compounded monthly is the closest to:

Business
1 answer:
Sergio039 [100]3 years ago
8 0

Answer:

a. 12% per year

Explanation:

Effective interest rate

r = (1 + i/n)^n - 1

r = effective interest rate

i = simple interest rate compounded monthly

n =  number of compound intervals

12.68% = ((1+i/12)^12)-1)

1+0.1268 = ((1+i/12)^12)

1.1268^(1/12) =1+i/12

1.010 = 1+i/12

1.010-1 = i/12

0.010 x 12 = i

i = 0.12 = 12%

You might be interested in
Suppose the S&P 500 index is currently 950 and the initial margin is 10%. You wish to enter into 10 S&P 500 futures cont
vagabundo [1.1K]

Answer:

$930.89

Explanation:

The Notional value of position = Price of S&P-500 index future x Contract multiplier x no. of contracts

= 950x250x10

=$2,375,000

Margin = Total nominal value of position x Initial margin

=2375,000x10%

=$237,500

b) Maintenance margin = Initial margin x Maintenance margin

=237500 x 80%

=$190,000

Margin call will be receive when value of the Initial margin falls below maintenance margin

Thus 237500e^0.06/52 + (St -950) x250 x10 <190,000

From here St = price at which margin call will be made

=237500e^0.0011538 + (St -950) x 2500 <190,000

=237500(1.0011538) + (St -950) x 2500 <190,000

=237774.04 + (2500St - 2375000) < 190,000

=2500St - 2137226 <190,000

= 2500St <2327226

St < 930.89

Thus price below $930.89 will be called maintenance margin.

7 0
3 years ago
Bob is a project manager, and he is feeling pressure because of an impending deadline. he views time as a valuable resource and
Elena-2011 [213]

I believe the answer is: task-oriented listening

Listeners who prefers task-oriented listening tend to only pay attention if the communicators speak about something that relevant to the goals that they want to achieve. This type of listeners tend to be more effective in a situation when there is a limited time to finish a certain project, like bob.

5 0
3 years ago
Retail stores are often classified on the breadth and depth of their merchandise assortment. The breadth of the merchandise is t
Crank

Answer:

<u>narrow</u> ; <u>broad </u>

Explanation:

<em>Retail stores are often classified on the breadth and depth of their merchandise assortment. The breadth of the merchandise is the number of different lines available. The merchandise breadth may be classified as </em><u>narrow</u> or <u>broad</u>.

6 0
2 years ago
Producer surplus is A. the market price multiplied by the number of units sold by a firm. B. the difference between the highest
Ivahew [28]

Answer:

Producer surplus is

  • D. the difference between the lowest price a firm would be willing to accept and the price it actually receives.

How does producer surplus change as the equilibrium price of a good rises or​ falls?

  • As the price of a good​ rises, producer surplus <u>increases</u>​, and as the price of a good​ falls, producer surplus <u>decreases</u>.

Explanation:

Producer surplus refers to the difference between what a supplier or producer is willing and able to accept for their goods or services, and the actual price of those goods and services. If the supplier is willing to accept $2 per unit, but is able to sell them at $3 per unit, the supplier or producer surplus = $3 - $2 = $1

3 0
3 years ago
What country is projected to become the world's third major economic power within 10 years and provides information technology a
Keith_Richards [23]
India is the country projected to be the world's third major economic power within 10 years. It will provide information technology and software services to companies in other countries. Harvard researches project that this will happen because India is seeing a constant 7% annual growth rate at present. If this continues, they will be one of the leading countries for economic power compared to their South Asian rivals, particularly, China.
6 0
3 years ago
Other questions:
  • Which describes a type of tax that funds city programs?
    7·1 answer
  • Cyberhost Corporation's sales were $225 million last year. If sales grow at 6% per year, how large (in millions) will they be 5
    9·1 answer
  • Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current as
    12·1 answer
  • In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and
    8·1 answer
  • A career will be most productive, comfortable, and enjoyable when it fits well into one’s lifestyle. Which is the best definitio
    11·2 answers
  • Write a short paragraph about how to prevent yourselves against different crimes....
    5·1 answer
  • Jane's Donut Co. borrowed $200,000 on January 1, 2021, and signed a two-year note bearing interest at 12%. Interest is payable i
    5·1 answer
  • Can someone define these will mark as brainliest
    13·1 answer
  • The following information is available for Splish Brothers Corp. for the year ended December 31, 2022.Other revenues and gains 2
    11·1 answer
  • The managers of Tanika Enterprises are considering how well alternative plans may meet its high-priority goals, as well as ident
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!