C. Future value of a series of deposits
It is not B, because although Future Value of a Single Amount (FV) is similar, it is only when you deposit a certain amount one time and let it grow in value.
Your question says they deposit money more than once, so it is C.
Answer:
A government department is a sector of the UK government that deals with a particular area of interest. Government departments are either ministerial or non-ministerial departments.
Ministerial departments are led politically by a Government Minister, usually called a ‘secretary of state’ and supported by a team of junior ministers and civil servants, themselves led by a Senior Civil servant known as a permanent secretary, in charge of administrative management. Ministerial departments cover matters requiring direct political oversight, such as the Department for Transport or the Foreign Office.
Explanation:
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Answer:
Option (D) is correct.
Explanation:
Dividend in year 12:
= $2.60 × 1.695881
= $4.409292
Price of the stock in 12 years:
= $70.89
What are the answers to your question
Answer: Recommend that such borrower should contact the representative of the lender before the signing of the documents.
Explanation:
In a scenario whereby a borrower is questioning the amount of the notary or the signing fee that appears on the settlement statement, the notary agent should simply tell the borrower that he or she should contact the representative of the lender before the signing of the documents.
If that is done, the borrower can then know the next thing to do after hearing from the lenders representative.
