Standards because it represents how someone acts or how people want them to act
Ben's job is a Technology Solutions Project Manager. His job is to provide or give consultation on technology related conditions of businesses. He implements it through different projects at hand and ensures that it would help troubleshoot problems and make projects go on smoothly.
Answer:
D
Explanation:
A savings account is an account owned by an individual at a bank. He keeps his money there, and earn interest at the end of the month for his savings.
A minimum balance is sometimes required by the banks for a savings account, customers are expected to keep such minimum balance always if not, the account will be closed down.
Answer:
Bond's Coupon rate is 3.3%
Explanation:
Bond price is the sum of present value of coupon payment and face value of the bond. If the price is available the coupon payment can be calculated by following formula
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
$948.63 = C x [ ( 1 - ( 1 + 7.11%/2 )^-17x2 ) / 7.11%/2 ] + [ $1,000 / ( 1 + 7.11%/2 )^17x2 ]
$948.63 = C x [ ( 1 - ( 1 + 0.03555 )^-34 ) / 0.03555 ] + [ $1,000 / ( 1 + 0.03555 )^34 ]
$948.63 = C x [ ( 1 - ( 1.03555 )^-34 ) / 0.03555 ] + [ $1,000 / ( 1.03555 )^34 ]
$948.63 = C x [ ( 1 - ( 1.03555 )^-34 ) / 0.03555 ] + [ $1,000 / ( 1.03555 )^34 ]
$948.63 = C x 19.55 + $304.92
$948.63 - $304.92 = C x 19.55
643.71 = C x 19.55
C = 643.71 / 19.55
C = 32.93
Coupon rate = 32.93 / $1,000 = 3.3%
