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Gelneren [198K]
3 years ago
11

Suppose that you purchase a 182-day Treasury bill for $9,850 that is worth $10,000 when it matures. The security's annualized yi

eld if held to maturity is about A. 1.5%. B. 2%. C. 3%. D. 6%.
Business
1 answer:
Ivahew [28]3 years ago
3 0

Answer:

Annual interest rate= 3%

Explanation:

Giving the following information:

Present value= $9,850

Future value= $10,000

Number of days= 182

<u>First, we need to calculate the daily interest rate. We will use a financial calculator (the formula is incredibly difficult to use):</u>

<u></u>

Function= CMPD

n= 182

I%= SOLVE = 0.0083

PV= 9,850

FV= -10,000

<u>Now, the annual interest rate:</u>

Annual interest rate= 0.0083*365= 3.02 = 3%

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erma4kov [3.2K]
A I believe is the correct answer
8 0
2 years ago
The Whole Foods chain of supermarkets has stated, "With great courage, integrity, and love, we embrace our responsibility to co-
damaskus [11]

Answer:

Values Statement.

Explanation:

Value Statement: It shows that what an organization believes in, what are their values, where does the company stands in terms of morality. Moreover, value statement reflects the priority of the company and tells if it is inclined towards profit or collective goods more.

<em>As</em> the whole foods communicated that they don't want any harm towards the planet and claim themselves as responsible ones to care for this planet, it suggests that this is their value statement.

3 0
3 years ago
The accounts of Melissa Manufacturing showed the following balances at the beginning of​ December: Account Debit Raw Materials I
Rudik [331]

Answer:

$115,000

Explanation:

Data provided as per the question is below:-

Beginning balance = $81,000

Direct material issued = $27,000

Direct labor incurred = $7,000

The computation balance Process Inventory is shown below:-

Balance in the​ Work-in-Process Inventory = Beginning balance + Direct material issued + Direct labor incurred

= $81,000 + $27,000 + $7,000

= $115,000

4 0
3 years ago
List three things you can do to improve job satisfaction
andrew-mc [135]

1. Respectful treatment of all employees at all levels

2. Trust between employees and senior management

3. Job security

Hope that helps :)

7 0
3 years ago
Read 2 more answers
The seller was told by the bank that she has a prepayment penalty due at the time of closing. the penalty is 6 months' interest
algol13
Using the formula for compound interest:

The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ

Where:

A = the future value = $95000
P = the principal investment amount = ?
r  = the annual interest rate = 0.06
n = the number of times that interest is compounded per year = 2
x = the number of years the money is invested = 0.5


95,000 = P (1 + 0.06/2)¹

95,000 = P (1.06/2)

95,000 = P (0.53)

P = 95,000 ÷ 0.53

P = 95,000 ÷ 0.53

P = 179,245.30

Total compounded interest = 179,245.30 - 95,000

Total compounded interest = 84,245
3 0
3 years ago
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