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Lisa [10]
3 years ago
13

If a one-year bond has a face value of $5,000 and is sold for $4,500, what is the interest rate on the bond?

Business
1 answer:
Arada [10]3 years ago
6 0

Answer:

11.1%

Explanation:

The face value is $5000

It is sold for $4,500

Therefore the interest rate of this bond can be calculated as follows

$5000-$4500

= 500

500/4500 × 100

= 0.111 × 100

= 11.1%

Hence the interest rate is 11.1%

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How will an increase in the percentage of older Americans affect the healthcare field
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4 0
3 years ago
Erin, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers at
Ksju [112]

Answer:

The correct answer is: Weak Position power.

Explanation:

The position power can be understood as the amount of influence that an individual has over a group. In other words, an individual with strong position power is able to administer either rewards or punishment to the members of a given group

Leaders, usually have strong position powers, specially when the people they are leading are from lower levels.

In this particular case, Erin who is a department manager is struggling trying to lead a cross-functional team because most members are other department managers at her level, and they see no reason to do what she asks. Here, Erin has Weak position power, because she is at the same level of the members of the group she is supoosed to lead.

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Anthony Walker plans to invest $28,400 a year at the end of each year for the next seven years in an investment that will pay hi
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Answer:

267,785.95

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