Business, 14.07.2019 07:00 YSGabino2991
What does the fdic do? a. provides insurance on money in bank accounts b. regulates national interest rates c. prints currency d. provides bank account information to customers select the best answer from the choices provided a b c d
Answers: 1
Business, 22.06.2019 12:30
Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.
Answers: 2
Business, 23.06.2019 10:30
Grant wants to transfer the ownership of his warehouse to holly by deed. to do so requires
Answers: 2
Business, 24.06.2019 00:00
What is the interest rate charged per period multiplied by the number of periods per year called? effective annual annual percentage periodic interest compound interest daily interest?
Answers: 1
What does the fdic do? a. provides insurance on money in bank accounts b. regulates national intere...
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