The interest earned is 5%.
Interest / Price is 4.76%
How to solve for the interest and the priceInterest can be defined as the cost of borrowing. That is, it is the additional amount that the borrower pays to the lender for a principal sum of money that was received.
How to solve the yield on the bond
Part A
Yield = Interest / Price = $50 / $1,000 = 0.05 or 5%
So, the yield on the bond is 5%.
Part B
Yield = Interest / Price = $50 / $950 = 0.0526 or 5.26%
If Dmitri paid $1,050 for the bond, the yield would be lower
Yield = Interest / Price = $50 / $1,050 = 0.0476 or 4.76%
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Which situation best illustrates the role of households in the circular flow of
goods?
A. A runner buys a new pair of athletic shoes.
B. A website sells cheap books and magazines.
C. A factory produces screws used to build furniture.
O D. A company designs websites for big businesses.
A runner buys a new pair of athletic shoes best illustrates the role of households in the circular flow of goods. Thus, option A is correct.
What is circular flow of goods?The circular flow is the continuous movement of revenue, expenditure, and the production of products and services in an economy.
It demonstrates the circular redistribution of revenue between the producing unit and households. They include entrepreneurship, labor, capital, and land. Rent is the fee received in exchange for the fixed natural resource( also known as land)contribution. Wage is the comprehension received for the contributions made by human worker. Interest is the compensation received for the capital contribution. Profit is the reward for the contribution produce by the enterprise.
Therefore, we can conclude that option A is correct.
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1. The economic system that is most indicative of Capitalism is known as a: 1 point
a. Command Economy
b. Free Market
c. Mixed Economy
d. Fascism
Answer:
b
Explanation:
The difference in income between the richest and poorest citizens is called a command economy. unemployment. private property. the wealth gap.
Answer:
the wealth gap.
Explanation:
The difference in income between the richest and poorest citizens is called the wealth gap.
This ultimately implies that, the wealth gap is the difference between the richest and poorest citizens living in a geographical location based on the level of their assets and net worth i.e assets minus their debts.
Hence, the information generated by the government based on the wealth gap of its citizens is typically used for formulating economic policies, plan and financial budgets.
The difference in income between the richest and poorest citizens is called the wealth gap.
What is wealth gap?Wealth gap can be defined as the difference in the income earned by the richest and the poorest citizen.
When a rich person earn more than a poor person this indicate a disparity in wealth distribution between the rich and the poor.
This tend to lead to what is called wealth gap based on the fact that their is no equality as the rich earn more than the poor.
Inconclusion the difference in income between the richest and poorest citizens is called the wealth gap.
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What are the functions of money?
A. A measure of debt
B. A storehouse of value
C. A form of bartering
D. A unit of account
E. A medium of exchange
Answer:
E,C, and D, and B
Explanation:
The functions of money are- a measure of debt, a storehouse of value, a unit of account, and a medium of exchange. Thus all the options except C are the functions of money.
What is money?Money is any item or verifiable record that is widely accepted in a particular country or socio-economic context as payment for goods and services and repayment of debts, such as taxes.
Money serves as a medium of exchange, a unit of account, a store of value, and, in some cases, a standard of deferred payment. Money was historically an emerging market phenomenon with intrinsic commodity value.
Its value is derived as a result of social convention, having been declared legal tender by a government or regulatory entity; that is, it must be accepted as a form of payment within the borders of the country, for "all debts, public and private."
Therefore, options A, B,D, and E are the functions of money.
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A broker-dealer that accepts the risk of holding a particular security in its account to facilitate trading and provide liquidity in that security is best described as
Answer:
Market maker.
Explanation:
A broker-dealer that accepts the risk of holding a particular security in its account to facilitate trading and provide liquidity in that security is best described as a market maker.
A market maker also known as a liquidity provider refers to an individual or business firm who is saddled with the responsibility of quoting a buy or sell price for a commodity with the hope of making profit on the ask-bid price.
A complete listing of your investments is called a Manifest.
True
False
Answer:
False
Explanation:
A portfolio is a term used to describe a listing of one's investments. A Portfolio will show the different classes and types of financial investments that an investor possesses. They may include stocks, bonds, real estate, and all other investments.
Manifest means to be revealed through sight or demonstration.
Listeners offer prompts to their speaker by___.
Answer:
asking "what happened then"
Explanation:
I took the quiz and got it correct
Which of these career clusters are most interesting to you? Check all that apply.
Business, Management, and Administration
Marketing, Sales, and Service
Finance
Government and Public Administration
Law, Public Safety, and Security
Answer:
Marketing is interesting and makes big money
Explanation:
The career clusters that are most interesting is Marketing, Sales, and Service Option(b) is correct.
What do you mean by Career clusters?Career clusters are gatherings of related sorts of work. They give you a simple method for investigating various types of occupations inside one general class.
Begin with one of the clusters like medical services or development to realize what it includes, latest things, and the various careers it offers. It's frequently more straightforward to change occupations and advance inside a career bunch. Relating to a bunch can assist you with building your career and pick qualifications like a professional education, specific preparation, or confirmations that will qualify you for a wide range of, yet related, positions.
Ventures are gatherings of organizations that have related exercises or items. Where career clusters incorporate various careers that share comparative information, abilities, and interests, enterprises incorporate numerous irrelevant careers. The career bunch/industry pages show the ventures and kinds of associations that commonly utilize laborers in each career group.
Therefore Option(b) is correct.
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What is interest and what is it used for?
Answer:
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
I found that on internet XD
What are benefits of using OneDrive to store presentations? Check all that apply. It has syncing capabilities. It is affordable for most users. It can be accessed anywhere. It is easy to use and navigate. It has great search capabilities.
Answer:
A, C, D, E
Explanation:
edge
A permanent employee works in the same position for his or her entire career.
a. True
b. False
Answer:
false
Explanation:
What is the function of a ledger?
record only cash payments
record only credit payments
record and consolidate all financial transactions
record only sales
Answer:
Record and consolidate all financial transactions.
Explanation:
A ledger is a book that contains a record of all the transactions made- be it credit or withdrawals/ expenses. It is a book that maintains a record of any form of transaction that was ever done by a person or company.
It can also be a computer folder where the same record is made. The main point of maintaining a ledger is to keep track of, record, and also "make" solid evidence or proof of the transactions ever done. Thus, the function of a ledger is to record and consolidate all financial transactions ever done.
In order to search the internet you need to use software referred to as a__?
Answer:
search engine
Explanation:
A search engine is software designed to search web pages on the internet. Search engines work to provide answers to information sought from the internet. They locate, organize, and present the information sought on a database called index.
Yahoo and Bing are other examples of a search engine. It is the most known and most used.
An investor wants to purchase an annuity that will pay her £80,000 per year for the next 10 years. If the constant, annual effective interest rate is 2%. How much should she be willing to pay today for the annuity? Answer to the nearest pound.
Answer:
£718,607
Explanation:
Annuities are investment opportunities that require an initial settlement and gives a series of returns of a fixed amount for a specific number of periods.
In simple terms, the question requires us to calculate the amount to be paid today (Present Value) of an annuity that pays £80,000 per year for the next 10 years.
To establish the [Present Value of the Annuity, the future Cash Flows must be discounted to the Present Value using the appropriate discount rate. In our case, we will use the annual effective interest rate of 2%.
Present Value = PMT × [ 1 - 1/(1+r)^n ÷ r ]
Where,
PMT = £80,000
n = 10
r = 2%
Therefore,
Present Value = £80,000 × [ 1 - 1 / (1.02) ^ 10 ÷ 0.02]
= £718,606.80 or £718,607
Conclusion :
She be willing to pay £718,607 today for the annuity.
Sales tax is deducted from your gross wage.
True
False
Answer:
False
Explanation:
Sales Tax is applied when you purchase something.
Sales tax is deducted from your gross wage is the false statement, as sales and gross wages are two different things.
What is Sales tax?The government levies a consumption tax known as a sales tax on the purchase of goods and services. At the point of sale, a standard sales tax is imposed, collected by the shop, and paid to the government.
Thus, the statement is not true.
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1. The supplies of the materials are abundant and can suffice the demand of
the consumers.
A person who can afford a monthly payment of and signs a loan agreement with a monthly payment of is most likely a victim of predatory lending. O A. $800; $1100 O B. $900; $800 O C. $900; $900 O D. $1100; $900
Answer:
A. $800; $1100
Explanation:
Predatory lending is an unfair and sometimes illegal practice by lenders of imposing expensive loans to borrowers. In predatory lending, the lender withholds critical information or deceives the customer into signing a loan that they cannot afford to repay. Lender employs dirty and unjust tricks to get the customer sigh for the loans.
If a lender can afford to pay a maximum of $800 per month, advancing them a loan requiring payment of $1100 per month is putting a lot of financial strain on them. It is an example of predatory lending as it imposes an unfair burden on the borrower
A type of service that requires a CPA firm to issue a report about the reliability of an assertion that is made by another party is a(n) Group of answer choices
Answer:
no
Explanation:
creo