This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Leon's has a Don't Pay For One Year event on right now at the store, so you purchase an Italian, ... (Read 75 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jul 10, 2018
Leon's has a Don't Pay For One Year event on right now at the store, so you purchase an Italian, hand-stitched leather sofa. You will pay 1,267.99 for the sofa in one year. You have a savings account that pays 3 annual interest.
 
  How much must you deposit in your account today in order to have enough money to pay for the sofa in one year?
  A) 1,231.06
  B) 1,267.99
  C) 1,195.20
  D) 1,230.56
  E) 1,337.21

Question 2

Exotic bonds are ________ difficult to price than ordinary bonds and they attract ________ potential buyers.
 
  A) more; more
  B) less; more
  C) more; fewer
  D) less; fewer


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sokh

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

Answer: C


shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

The phosphorus cycle. Numbers are 1012 g P or fluxes as 1012 g P per year (data from Schlesinger 199 The phosphorus cycle. Numbers are 1012 g P or fluxes as 1012 g P per year (data from Schlesinger 199
Aftermath of the Tunguska Event Aftermath of the Tunguska Event
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
A basic principle of symbolic interactionism is that meaning is not inherent in an object or event, ... A basic principle of symbolic interactionism is that meaning is not inherent in an object or event, ...
Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ... Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ...
Store vitamin B–rich whole-wheat flour in an airtight container in your refrigerator or freezer Store vitamin B–rich whole-wheat flour in an airtight container in your refrigerator or freezer
Video: Egg and Sperm Formations in Animals Animation

For a complete list of videos, visit our video library