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Viktor [21]
1 year ago
14

Myrna borrows $500 at an annually compounded interest rate of 8 percent that she will repay at the end of 10 years. how much wil

l be required to pay off the loan at the end of 10 years?
Business
1 answer:
Burka [1]1 year ago
4 0

Myrna borrows $500 at an annually compounded interest rate of 8 percent that she will repay at the end of 10 years. She will be required to pay off $1,079.46 at the end of 10 years.

    Your loan principal amount, interest rate, and period are all factors in the straightforward loan payment calculation. The principal amount and interest payments are distributed equally across the length of the loan. Although your term's length may vary, you'll normally have 12 payments to make each year.

    Principal: The sum that is deposited into your account when you borrow money. Interest is the fee the lender charges you for a loan. Your interest rate and paid upfront expenses, like as origination fees, are included in your annual percentage rate (APR). Your monthly payments won't fluctuate over the course of the loan because the majority of personal loans have fixed interest rates. Your credit score and credit history impact interest rates; the better your credit score, the cheaper your interest rate will be. Fees: Extra loan costs including origination fees, late fees, insufficient funds fees, and more.

To learn more about loan click here:

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A(n) ________ is a specialized group of consumers with a structured set of relationships involving a particular brand, fellow cu
4vir4ik [10]

The answer is :- brand community.

A brand community is a particular kind of consumer group that has established ties with other brand users, other brand customers, and the product being used.

<h3>What exactly is a brand community?</h3>

A brand community, to put it simply, is the epitome of brand loyalty. People that are emotionally invested in your brand will buy from you, read your material, spread the word about you to their friends and family, and other things. But brand awareness is not the same as a brand community. The mere fact that someone is aware of your brand or has made a purchase from it does not imply that they are a member of your engaged or even engageable brand community. Instead, your brand community consists of people who like following your brand on social media, sharing your content and products with others, and subscribing to all of your company's updates.

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7 0
2 years ago
Delores Bierlein paid a $200 deposit toward the rental of the Silver Room at Alex's Continental Inn for her wedding reception. L
sweet-ann [11.9K]

Answer:

It does not

Explanation:

In this question, we are asked to evaluate if a particular transaction carried out between a customer and an inn falls within the dictates of the local consumer protection law in the state.

Firstly, we look at what the local consumer protection law of the state talks about. It explicitly stated that customers should get receipts when suppliers receive deposits from them. Thus, this make the receipt act as the first thing to have if there would be any claim under the consumer protection law for the transaction carried out in the state.

Now, looking at the particular scenario we have, the customer paid for the room, but he was not issued a receipt. This makes the case not treatable within the consumer protection law of the state as the receipt which should have been a prerequisite for further exploration is not available

3 0
3 years ago
Read 2 more answers
McCann Publishing has a target capital structure of 35% debt and 65% equity. This year's capital budget is $850,000 and it wants
levacccp [35]

Answer: $952500

Explanation: targeted equity ratio is 65% = 0.65

Capital budget = $850000

Dividend = net income - (target equity ratio × total budget)

400000 = N - (0.65 × 850000)

Make N the subject of formula

Net income N = $952,500

4 0
4 years ago
Describe the role of separation and termination in relation to broader human resources and business objectives
zimovet [89]

Answer:

Separation and or termination in HR relates to the cessation of the relationship between employer and employee.

Separation and or termination of the contract may occur in the following ways:

1. Constructive Discharge

2. Firing

3. Layoff

4. Termination by Mutual Agreement

5. Termination with Prejudice

6. Termination without Prejudice

7. Involuntary Termination of employment contract

8. Voluntary Termination of employment contract

9. Wrongful Termination of employment contract

10. Cessation of Temporary Contracts

Explanation:

Regardless of the type of separation or termination which occurs, the business owner and the the HR manager must realize that the HR funnel must never run short of hands with which the organization will attain its goals/objectives.

Recognizing the times lines for contracts that are terminal in nature, anticipating and preparing for sudden separation and planning adequately for these occurrences using HR Planning enables the business to continue to thrive regardless of its rate of turnover.

Cheers

6 0
3 years ago
Official unemployment rate statistics may:
Marianna [84]

Answer:

The correct answer is option D.

Explanation:

The unemployment rate shows the number of people who are unemployed. It is the ratio of the number of people unemployed and the total labor force.  

The discouraged workers are those people who are not employed and are not actively looking for jobs because they were not able to find one and stopped looking.  

In the official statistics, the discouraged workers are not included in either labor force or unemployed persons. This may lead to an underestimation of the amount of unemployment.

7 0
3 years ago
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