Answer:
nominal interest rate = 4% annual
effective interest rate = 5.56% annual
Explanation:
the bond's nominal rate is basically the coupon rate
to calculate the bond's effective interest rate we must calculate its yield to maturity:
YTM = [coupon + [(face value - present value) / n]} / [(face value + present value) / 2]
- coupon = $1,000 x 4% x 1/2 = $20
- FV = $1,000
- PV = $800
- n = 40
YTM = [20 + [(1,000 - 800) / 40]} / [(1,000 + 800) / 2]
YTM = 25 / 900 = 2.777 semiannual ⇒ 5.56% annual
Answer:
expected cost = $2800 per month
Explanation:
given data
Copies (per month) = 4,000
probability = 40%
copies (per month) = 9,000
probability = 60%
lease new copier = $1,050
variable cost = $0.25
to find out
What is the expected cost
solution
we know that expected cost is here
expected cost = fixed cost + variable cost .................1
and here demand of copies per month is express as
= ( 40 % of 4000 ) + ( 60% of 9000 )
= 1600 + 5400 = 7000
so from equation 1
expected cost = fixed cost + variable cost
expected cost = 1050 + 0.25 × 7000
expected cost = 1050 + 1750
expected cost = $2800 per month
Answer:
<em>d. the mayor thinks demand is inelastic, and the city manager thinks demand is elastic</em>
Explanation:
<em>And I realized that </em>the mayor thinks demand is inelastic<em> because, if according to him I will increase the cost of the daily ticket then number of visitor will decrease but my expense will remain same. </em><em>This is the sign of in-elasticity as the visitors will decrease.</em><em> </em>
<em>But according to me what I realized that </em>the city manager thinks demand is elastic<em> because if I will reduce the price then the number of visitors will increase, and in this case also my expenses will remain same. </em><em>And, this is the sign of elasticity as the visitors will increase in this case.</em>
Answer: 90°
Explanation:
Here is the complete question:
During a year, which of the three latitudes you graphed (0⁰, 45⁰ N, and 90⁰ N), which of the three latitudes experiences the GREATEST variation in average daily insolation at the top of the atmosphere?
Latitude is an angle that ranges from the Equator at 0° the poles at 90°. Latitude is a geographic coordinate which simply specifies a point's north–south position position on the surface of the Earth.
Based on the question, the latitudes that experiences the greatest variation in average daily insolation at the top of the atmosphere is 90°.
Answer:
Target market
Explanation:
Target market is defined as a group of people or businesses who are receive the marketing efforts of a company.
They satisfy the criteria that is set for a.product that is being promoted.
In the given scenario the ideal target market are youth athletes.
Collection of demographic data will help them select clients based on their age.
So they can get across to youths in the families.
