The securities or mutual funds can fluctuate in value much more than the interest rate on savings accounts plus the principal is protected for savings accounts so it cannot be lost therefore for very conservative investors the savings account is safer.
Answer:
$9,589.75
Explanation:
The computation of the present value of the cash flows should be shown in the excel spreadsheet. Kindly find the two attachment out of which one attachment contains the final values, the other attachment contains the formula sheet
After applying the formulas,
The present value of the cash flows is $9,589.75
Hence, the same is to be considered
Answer: Related diversification
Explanation:
The corporate-level strategy that T&P appear to follow is related diversification. Related Diversification is a situation that comes into place when there is an expansion or an addition of a company's existing production line.
In this scenario, we are informed that T&P is in the process of acquiring another company, its major music store rival ReBop Records. This will lead to an expansion of the production line of T&P.
Therefore, the corporate-level strategy that T&P appear to follow is Related diversification.
Answer:
The actual monthly payment is $206.08, which is slightly higher than the value given in the question, therefore, the given statement is not true.
Step by Step Explanation:
We have been given the loan amount as $12,000, term of loan as 6 years and annual interest rate as 7.25%.
Let us first find the monthly payment for this data, and then we can compare it with the given data to answer the given question.
We know that EMI formula is given as 
Upon substituting the given values.
Therefore, the monthly payment is $206.08.
Answer:
They came back home at 12 pm
Explanation:
Giving the following information:
The Burkes pay their babysitter $5 per hour before 11 P.M. and $7.50 after 11 P.M. One evening they went out for 4 hr and paid the sitter $27.50.
We need to formulate the total cost:
TC= 5*x + 7.5*y
x=5*4= 20
y=7.5*1= 7.5
TC= 5*4 + 7.5*1= $27.5
They came back home at 12 pm
