Answer: indirect transfer using the venture capital firm.
Explanation:
The capital market works to transfer funds from those who have it (savers) to those who need it (borrowers).
There are three ways this happens:
- Direct transfer - Savers transfer the money to those who need it directly without the need for any intermediary. For instance, your uncle loaning you money to start a car wash.
- Indirectly through Investment bank - Investment banks take the money savers deposit with them and invest in people and businesses to create a return for the savers.
- Indirectly through financial intermediary - Intermediaries like Mutual funds, Commercial banks etc, get money from savers and invest in opportunities.
Indirect transfer using Venture capital firm is not one of these ways as it falls under Indirectly through financial intermediary.
Answer:
The Last year, the government had a budget suplus of $ 10 million.
Explanation:
Government expenditure = $589 million + $416 million
= $1005 million.
Government revenue = $1015 million
Government budget suplus = government expenditure - government revenue
= 1005 million - 1015 million
= $10 million
Therefore, The Last year, the government had a budget suplus of $ 10 million.
Answer:
FV= $7,435.74
Explanation:
Giving the following information:
Initial investment= $6,400
Interest rate= 1.5%
Number of periods= 10 years
<u>To calculate the value of the account in ten years, we need to use the following formula:</u>
FV= PV*e^(i*n)
FV= 6,400*e^(0.015*10)
FV= $7,435.74
Answer: The available balance for your account may differ from the current balance because of pending transactions that have been presented against the account, but have not yet been processed.
Explanation:
