Answer:
$16,379.75
Explanation:
Calculation for the annual payments that should be made
Using financial calculator to find the PMT
FV = $100,000
Interest rate = 10%
N= 5 years
PMT?
Hence,
PMT = $16,379.75
Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75
Answer:
It would be A Raina is correct because the loan is a line of credit.
Explanation:
Hope this helps!
Answer: True
Explanation:
Fiscal policy refers to the government suing taxation and spending policies to influence the economy of a country. If the government wants to improve production, they reduce taxes and increase spending and if they want to reduce production, they increase taxes and reduce spending.
Fiscal policy proponents believe that the government is right to use fiscal policy to correct the market because its effect is more direct. John Maynard Keynes was one of the most famous proponent for Fiscal policy.
Answer: The assets that are classified as plant assets on the company's balance sheet include :
(1) the showroom building, a separate building used to service customer cars, and various parking lots.
Plant asset is known as the long-term fixed asset that is used to bring forth or sell commodities and services for the institution. These assets are tangible and are expected to produce economic benefits for the organization.
They all are woody products being made up of wood.
