Business, 18.02.2020 01:00 toricarter00

Last year, Myron purchased a $10,000 certificate of deposit with a 3% rate of interest from his bank. The government reported that prices, on average, have fallen by 5% during the current year. Which of the following can be concluded as a result of this transaction?
Myron loses, while the bank gains.

Myron gains, while the bank remains unaffected.

Myron gains, while the bank loses.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 07:30, dimondqueen511

Which two of the following are benefits of consumer programs

Answers: 1

continue

Business, 22.06.2019 11:40, sabrinabowers4308

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Answers: 1

continue

Business, 22.06.2019 12:20, KindaSmartPersonn

Bdj co. wants to issue new 22-year bonds for some much-needed expansion projects. the company currently has 9.2 percent coupon bonds on the market that sell for $1,132, make semiannual payments, have a $1,000 par value, and mature in 22 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?

Answers: 3

continue

Business, 22.06.2019 16:50, taylorb9893

According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses

Answers: 2

continue

You know the right answer?

Last year, Myron purchased a $10,000 certificate of deposit with a 3% rate of interest from his bank...