Answer:
$2592
Explanation:
Let the amount of loan applied for by both person be $x and $y respectively. If their loan differs by $72 each month, the second person would have applied for $(x+72) each month.
Amount applied by first person will be $x at the end of first month
Amount applied by second person will be $(x+72) at the end of first month
At the end of 36 months, the amount applied for by the first man will be $36x
At the end of 36 months, the amount applied for by the second man will be $36(x+72)
First person 'x' =$36x
Second person 'y' = $36(x+72)
If x pays $36x
y will pay $(36x+2592)
Their difference will become
$36x+$2592-$36x
= $2592
The person with the lower credit score will pay $2592 at the end of the 36-month loan
Answer:
The correct answer is I. Underestimate the percentage increase in bond price when the yield falls; IV. Overestimate the percentage decrease in bond price when the yield rises.
Explanation:
Convexity is the relationship between price and profitability of a bond. The duration has to do with the period in which the bonds mature, where some variables such as redemptions are taken into account in order to finally be able to measure the risk of changes in interest rates.
Answer to this Question is A): Contracting Officer
Explanation:
Contracting officer can cancel an invitation for bids after the formal bid opening. He can do it certainly, but after following a mentioned criteria. To fulfill that criteria he must make the determinations in writing which are required by the rules. (FAR - section 14 followed in 404 paragraph 1 (C) and next (e) 1. This is the only option left with the contracting officer when the bids have opened on the announced date. Furthermore, bid can still be cancelled if the offer has been received.
I would say that making the work more challenging and granting the employees more autonomy would reduce absenteeism significantly because the employees would become keen to go to work and decide how they were going to approach their work which would lead to more job satisfaction.
Answer:
A. Paying for a financial emergency