A deep-discount bond can be purchased for $312 and in 20 years it will be worth $1,000. What is the rate of interest on the bond?
What will be an ideal response?
Using financial calculator: PV= -312, PMT=0, N=20, FV=1000, CPT I = 6 percent
Business
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________ is a situation in which a worker is forced to work part-time due to economic situations although she/he is willing to work full-time
FIll in the blank with correct word.
Business
Which of the following statements best describes two-valued reasoning?
A) The process of reaching conclusions from feelings rather than from logic. B) The process of viewing situations as either right or wrong with no possibilities in between. C) The recognition there may be more than two sides to a situation. D) The act of not practicing what you preach and believing what is wrong for others is okay for you.
Business