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Business, 03.09.2019 03:30 gracekerleyy
While staying overnight at lily's house, martin indicates that he would like to buy her car. lily says she'll think it over. the next day martin finds a note on the kitchen counter from lily that reads, "i might be able to sell the car for about $22,000." martin writes her a check for $22,000, takes the car keys off the hook by the front door and drives off in the car. have lily and martin formed a binding contract?
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Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. assume you purchase a bond that costs $25. a. what is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $25 in 2017 at the then current interest rate of .27 percent year, how much would the bond be worth in 2027? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2037. what annual rate of return will you earn over the last 10 years? (do not
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While staying overnight at lily's house, martin indicates that he would like to buy her car. lily sa...
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