Answer:
correct option is e. $1,232.15
Explanation:
given data
Future value = $1,000
Rate of interest = 5.5%
NPER = 19 years
annual coupon bonds = 7.5%
solution
We will use here Present value formula for get current price of the bonds.
so here PMT is
PMT = Future value × annual coupon bonds ................1
put here value
PMT = $1,000 × 7.5%
PMT = $75
The formula we use in excel = -PV(Rate,NPER,PMT,FV,type)
so we will get here
after solving we get current price of the bond is $1,232.15
correct option is e. $1,232.15
Answer: Unit of account
Store of value
Medium of exchange
Explanation: Money has three functions:
Unit of account
Store of value
Medium of exchange
Unit of Account- Money can be used as a measure in determining value of goods and services. Norah compared the price of the dress to determine the dress costs less.
Store of value- money retains it value over periods of time, therefore it can be used to store value. Norah is saving money in a piggy bank.
Medium of exchange - money is used to facilitate transactions: it can be used to exchange for goods and services. Norah exchanged money for a dress.
I hope my answer helps.
The given statement,"Coordinating several hundred cargo containers at a port is a simple job to do so it does not require much experience or education" is True
.
<u>Explanation:
</u>
As a port operator, regular tasks may also include loading and unloading containers, utilizing cranes from the ship.
Moving cargo to truck storage spaces, Operating transporters and bulk freight pump such as feed, coal, and oil. Pumps
There are no basic criteria for formal qualifications. It is important for most port operators to operate. This supports running cranes, heavy goods equipment with training. It also aids surfing and operating at high altitudes.
A mother tongue is useful among passenger passengers in ports when ships travel overseas.
Many passenger operators operate at the age of 16 or 17 but are never hired until they're at least 18 years of age for safety reasons. Operator may need a medical doctor.
