Answer:
Yes, Judy and Kristy do have an enforceable contract.
Explanation:
Kristy made a valid offer to Judy and Judy accepted.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
Restrictive because you need to restrict on using your savings money.
Answer and Explanation:
Average return = (Closing Price + Dividend - Opening Price) / Opening Price
For 1st year:
0 Return
For 2nd year:
($48.41 + $0.69 - $43.43) / $43.43 = 0.130
For 3rd year
($57.33 + $0.72 - $48.41) / $48.41 = 0.199
For 4th year:
($45.41 + $0.80 - $57.33) / $57.33 = -0.194
For 5th year
($52.33 + $0.85 - $45.41) / $45.41 = 0.171
For 6th year
($61.41 + $0.93 - $52.33) / $52.33 = 0.191
Arithmetic Return = Sum of all return / Total number of return
= [0.130 + 0.199 + (-0.194) + 0.171 + 0.191] / 5
Arithmetic Return = 9.96%
![Geometric Return = [(1+r1)(1+r2)(1+r3)(1+r4)(1+r5)] ^ {(1/5)}-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B%281%2Br1%29%281%2Br2%29%281%2Br3%29%281%2Br4%29%281%2Br5%29%5D%20%5E%20%7B%281%2F5%29%7D-1)
![Geometric Return = [1.52445]^{(1/5) }-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B1.52445%5D%5E%7B%281%2F5%29%20%7D-1)
Geometric Return = 1.0880 - 1
Geometric Return = 0.0880 = 8.80%
Answer:
$3,584
Explanation:
For the year 2020 if the married filed jointly so the amount should not exceed than $21,710 and eligible for the one child
So the maximum credit amount earned for the one children is $3,584
Also, the income for investment should be $3,650 or less for the particular year
So in the given options, this above amount is not given so the same is to be considered for the year 2020
And we assume that the question ask for the year 2020 only
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