Answer:
The monthly deposit is calculated using PMT function :
rate = 1.2%/2 (converting annual rate into monthly rate)
nper = 12 * 5 (5 years of deposits with 12 monthly deposits each year)
pv = -3200 (Amount put into account now. This is entered with a negative sign because it is a cash outflow)
fv = 26865 (Required value of account after 5 years)
PMT is calculated to be $379.70.
The monthly deposit is $379.70.
Answer:
Mark should invest:
- $30,000 in short term bonds
- $30,000 in intermediate term bonds
- $40,000 in long term bonds
Explanation:
S = short term bonds
I = intermediate term bonds
L = long term bonds
S + I + L = 100,000
0.04S + 0.06I + 0.07L = 0.058 x 100,000 = 5,800
S = I
2S + L = 100,000
L = 100,000 - 2S (now we replace both I and L)
0.04S + 0.06s + 0.07(100,000 - 2S) = 5,800
0.1S + 7,000 - 0.14S = 5,800
7,000 - 5,800 = 0.14S - 0.1S
1,200 = 0.04S
S = 1,200 / 0.04 = 30,000
I = 30,000
L = 100,000 - 60,000 = 40,000
Answer: d. Uncle John's
Absolute Advantage refers to the ability of an individual, company, region or country to produce a particular product or service at a price lower than that of his or her or its competitors.
When the price for the company's products are lower in comparison to other similar products, the demand for its products are more and it's able to sell more number of units than its competitors.
In this case, Uncle John's has the absolute advantage since it sold the most number of cookies (125)
Answer: Please refer to Explanation
Explanation:
1. A. Monitoring key stock prices.
This does not fall under what the Central Bank does when Monetary Policy is implemented. Monetary Policy allows the government to influence interest rates, monitor financial institutions and indirectly control money supply.
2. Low and predictable levels of inflation.
Under the mandate of PRICE STABILITY, the Fed aims to ensure low and Predictable inflation in the long run to preserve the purchasing power of money.
3. Management of interbank transfers.
The Fed monitors and manages Interbank transfers to protect the financial system.
4. Management of Macroeconomic fluctuations.
- The Fed just embarked on monetary policy to correct the Economy. This was a Macro Economic function as it dealt with the entire economy as a whole.
5. Regulation
The Fed acts as the regulator of Banks and ensures that they follow certain practices and rules to ensure the safety of the banking system and the money belonging to the people who put it there.
Answer:
One reason is speeding in those "heated situations" we tend to go faster than normal trying to escape or forget the problem at hand or putting it behind you
Second reason is driving aggressive when your upset you tend to “take your wrath” out on people who cut you off or don’t use their turn signals or push you
The third reason would be not seeing clearly. Your emotions impact your everyday life so whenever you are in one of those heated situations make sure to calm yourself down first before doing anything.
Explanation:
