1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harkovskaia [24]
2 years ago
15

Economic formulas are available to compute annual payments for loans. suppose that you borrow an amount of money p and agree to

repay it in n annual payments at:_____.
Business
1 answer:
Lapatulllka [165]2 years ago
6 0

The amount of money p will be payed  in an annual payments at Annual percentage rate.

Annual percentage rate is the yearly interest produced by a sum that the borrower has to pay . Annual percentage rate is conveyed as a percentage that shows the real annual cost of funds during the term of a loan or income earned on an investment. It does not consider compounding into account.

"APR is calculated by multiplying the periodic interest rate by the number of periods in a year in which it was put in".

APR=((Fees+Interest/p/n)×365)×100

Where-

Interest=Total interest paid during life of the loan

P=Loan amount

n=Number of days in loan term

To learn more about  Annual percentage rate here

brainly.com/question/17613825

#SPJ4

You might be interested in
In a _________________________ economy, the individuals and the government share in the economic decision-making process. These
VladimirAG [237]

Answer:

I believe it's Command Economy

Explanation:

8 0
2 years ago
The hierarchy of qualitative characteristics of financial information require that, in order to be useful for decision making, i
Effectus [21]

Answer:

Relevance and faithful representation

Explanation:

The is a general consensus that accounting information must possess certain basic characteristics for it to be useful to the users of financial statement. The International Accounting Standards Board (1ASB) gave voice to this assertion when it prescribes some basic characteristics of accounting information which are 1. Understandability 2. Relevance 3. Reliability 4. Comparability. 5.    Materiality. 6.  <em>Faithful representation.</em> 7. Substance over Form. 8. Neutrality. 9. Prudence. 8. Timeliness. 9. Completeness.

Faithful representation is the requirement that financial statement must be accurate and  must show a true and fair view of the position of the business.

8 0
3 years ago
Which inventory method generally results in costs allocated to ending inventory that will approximate their current costs?
emmasim [6.3K]
Which inventory method generally results in costs allocated to ending inventory that will approximate their current costs? FIFO. The FIFO inventory method stands for first-in, first-out. This method allows businesses to keep track of their inventory on an old inventory out before the new inventory basis. The first out inventory is recorded as the first items sold even if they aren't exactly the oldest item.  
4 0
3 years ago
Charles Berkle is the manager of Nogain Manufacturing and is interested in doing a cost of quality analysis. The following cost
Georgia [21]

Explanation:

a. The classification is shown below:

Prevention cost: This cost incurred so that the faults, or defects could be minimized as compare to before. It includes the machine maintenance expense i.e $3,000

Appraisal cost: This cost incurred specially to meet the quality of the customer expectations. It is a quality control cost. It includes the inspection cost of $15,000

Internal failure: This cost is occurred before delivery the product from the factory. It includes  Scrap and rework of $8,600 and Machine breakdown cost of $4,000  

External failure: This cost is occurred after delivery the product. It includes the warranty expense of $21,000, product return due to defects of $6,000 and Estimated lost sales due to poor quality of $5,000

b. Now the percentage is

= (Prevention and appraisal cost) ÷ (Sales revenue) × 100

= ($3,000 + $15,000) ÷ ($250,000) × 100

= 7.2%

c. The percentage is

= (Internal and external failures) ÷ (Sales revenue) × 100

= ($8,600 + $4,000 + $21,000 + $6,000 + $5,000) ÷ ($250,000) × 100

= 17.84%

Below is the attachment for cost of quality report

7 0
3 years ago
Please list five words to describe your dominant culture. Please list five words to describe a culture with which you are not a
Karolina [17]
Dominant culture: male, white, middle-class, English speaking, heterosexual

Not a member of: Chinese, transgender, poverty, etc.
6 0
4 years ago
Other questions:
  • With which of the people below are you in a close relationship? The person who serves you coffee at Starbucks each morning. The
    7·1 answer
  • After completing the research process, writers should include their findings by
    5·1 answer
  • The manager of the Beach Division of Treat Time is evaluating the acquisition of a new mobile ice cream server. The budgeted ope
    9·1 answer
  • Trade schools are also known as which of the following?
    5·2 answers
  • Chris and Jordan are a two-person household. Chris's market hourly wage is $40, but Chris can also produce $20 of household prod
    15·1 answer
  • In 2009, the worst recession in 80 years hit the United States, generally reducing household incomes. Despite this, profits and
    11·2 answers
  • Item8 4 points Time Remaining 44 minutes 36 seconds00:44:36 Item 8 Time Remaining 44 minutes 36 seconds00:44:36 Information for
    14·1 answer
  • The Hendersons have just bought a home that requires some monthly yard maintenance. They are trying to decide if they should hir
    8·2 answers
  • The cash account for American Medical Co. at April 30 indicated a balance of $89,775. The bank statement indicated a balance of
    6·1 answer
  • How do you know when your plumber is the best?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!