Answer:
Interest= $90
Explanation:
Giving the following information:
Initial investment= $3,000
i= 3%
Number of periods= 1
<u>First, we need to calculate the future value, using the following formula:</u>
FV= PV*(1+i)^n
FV= 3,000*1.03= $3,090
<u>Now, the interest earned:</u>
Interest= 3,090 - 3,000
Interest= $90
Answer:
e.people will not change the quantity of the good when the price of the good is changed.
Explanation:
When the demand curve for a good is vertical, it indicates that the demand for the good is perfectly inelastic ; a change in price has no effect on the quantity demanded.
Goods with perfect inelasticity usually have no or little close subsituites.
I hope my answer helps you
Answer: 8.23%
Explanation:
Firstly, we will calculate the cost of debt which will be:
= Yield (1-Tax rate)
= 9% × (1-0.34)
= 9% × 0.66
= 5.94%
Then, the Cmcost of preferred stock will be:
= 7/(104-9.40)
= 7/(94.6)
= 7.39%
We will also get the value of the cost of equity which will be:
= (Dividend expected common/Price common) + growth rate
= (2.50/76) + 8%
= 3.29% + 8%
= 11.29%
For Debt:
Cost after tax: 5.94
Weight = 50%
Weighted cost = 5.94 × 50% = 2.97
For Preferred stock:
Cost after tax: 7.39
Weight = 1%
Weighted cost = 7.39 × 10% = 0.74
For Common equity
Cost after tax: 11.29
Weight = 40%
Weighted cost = 11.29 × 40% = 4.52
Weighted average cost of capital = 2.97 + 0.74 + 4.52 = 8.23%
Answer:
2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O
Explanation:
<u>Step-1:</u>
Br₂ + NaOH → NaBrO₂ + NaBr + H₂O
<u>Step-2:</u>
Elements. LHS RHS
Br 2 2
Na 1 2
O 1 3
H 1 2
<u>Step-3:</u>
Elements L.H.S R.H.S
Br 2 × 2 4
Na 1 × 4 4
O 1 × 4 4
H 1 × 4 2 × 2
<u>Step-4:</u>
Elements L.H.S R.H.S
Br 4 4
Na 4. 4
O 4. 4
H 4 4
<u>Step-5:</u>
<u>2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O</u>
<u>-TheUnknown</u><u>S</u><u>cientist</u>
