101
x 9
-------
909
Thats how ill explain how to solve that problem.
Calculation of equal amount to deposit each year to get the future amount:
It is given that a manufacturer of triaxial accelerometers wants to have $2,800,000 available 10 years from now. So we can say that Future value is $2,800,000. We are also given that the deposit rate is 6% per year.
In order to find out the equal amount to deposit each year we need to calculate the annuity using the future value of annuity formula as follows;
Annuity = Future value of annuity / FV of $1 annuity
FV of $1 annuity (at 6% rate for 10 years) is 13.18079
Hence,
Annuity =2,800,000 / 13.18079 = 212,430.36
Hence , equal amount to deposit each year is $212,430.36
Answer:
<u>international </u>
Explanation:
An international firm is typically headquartered in another country than its home country. But unlike a multinational, which has headquarters in several countries and different strategies for each market it participates, an international firm has the same operationalization model and availability of equal products and services in its units.
Answer: Only II
The contract approaches maturity
Explanation:
The value of a listed put option is usually lower when it's approaches maturity because at that point the seller has to sell the option before the expiration of the agreed date. A put option allows the investor to sell at any price before a specified date. Once the option is close to maturity, the investor will most likely sell lower than the normal price since he does not want to told the option beyond expiration date.
