Answer:
The first annual depoisit will be of 3,373.49 dollars
Explanation:
Given the formula for future growing annuity
we need to solve for the yearly payment:
grow rate: 0.04
annual effective rate: 8% compounding semiannually:
r= 0.0816
FV 2,500,000
n 46
<em><u>Formula for future value fo an ordinary annuity:</u></em>
The first annual depoisit will be of 3,373.49 dollars
Answer:
The market price of this bond is: $1,069.8.
Explanation:
To calculate the market price of the bond, we have to use the following formula:
Bond Price= C*((1-(1+r)^-n)/r)+(F/(1+r)^n)
C= periodic coupon payments: $1,000*7%= $70
F= Face value: $1,000
r= Yield to maturity: 5.85%
n= No. of periods until maturity: 8 years
Bond Price= 70*((1-(1+0.0585)^-8)/0.0585)+(1,000/(1+0.0585)^8)
Bond Price= 70*((1-0.635)/0.0585)+(1,000/1.58)
Bond Price= 70*6.24+633
Bond Price= 436.8+633
Bond Price= 1,069.8
Answer:
D. There will be a greater quantity of computer operating systems available in the market.
Explanation:
The only certain consecuence of more producers entering the market is that there will be a greater quantity of the good or service in the market.
From the price perspective: <u><em>product price tends to fall or rise. </em></u>
As more competitors enter a market the price of the <u><em>product tends to fall</em></u> because the producers will look for a cheaper price than the prices existent for computer operating in order to capture more clients. But at the same time the already stablished producers will look for differentiation factors and will<u><em> increase the price of the systems. </em></u>
Answer:Speculative damages
Explanation:
These is a term of a contract to recover from loss that may occur in the future from the contract execution.
