Amortizing a loan P over n periods at i% interest / period, the payment per period is given by:
In given situation,
P=20000
period=month
i=10%/12
n=5*12=60 months
A. monthly payment amount
to the nearest cent
B. EAR (effective annual rate)
the APR is 10%, but compounded monthly.
So
EAR=(1+i/12)^12-1
=(1+0.1/12)^12-1
=0.104713
=10.4713% (effective annual rate)
Answer: RAID 10
Explanation: RAID is a data storage technology that joins various physical disk drives into 1 or more logical units. The aim of this is to improve performance, reduce data redundancy, or to incorporate both of these aspects.
RAID 1+0 or RAID 10, makes use of a minimum of 4 disks, to stripe data across these disks in pairs. This action combines disk striping with disk mirroring to protect data. Data is retrieved so long as 1 disk in the mirrored pair is operational. These functions can improve the system that the technician is trying to fix.
Answer:
$1400
Explanation:
Accumulated depreciation is the total depreciation of an asset and is recorded on the balance sheet while the depreciation expense is recorded on the income statement as an expense.
The depreciation expense is the difference between the accumulated depreciation at the end and the accumulated depreciation at the beginning. It is given as:
Depreciation expense = accumulated depreciation at the end - accumulated depreciation at the beginning = $10700 - $9300 = $1400
Depreciation expense = $1400
Answer:
I don't know
Explanation:
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