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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

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Companies can become reasonably mature in project management by designing the right support systems. in general, how much time u
KonstantinChe [14]
The answer is C) 5 years

Most companies start as small start-ups with little in funding. In the early years of a business, the founders would be most involved in only 2 things, either selling or manufacturing/development.


The early years of a business is linked to survival and growth. It is natural for the founders to not be able to focus on operational excellence.

However, as the company starts to make a profit, the founders are able to work on developing new processes to streamline everything and make it more manageable.

It can take up to 5 years before a company can reach organizational excellence.
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6 0
3 years ago
Miller Mining, a calendar-year corporation, purchased the rights to a copper mine on July 1, Year 1. Of the total purchase price
Mashcka [7]

Answer:

d. $4,500

Explanation:

The computation of depreciation expense on the new equipment is shown below:-

For computing the depreciation expense on the new equipment first we need to find out the Depreciation per annum which is here below:-

Depreciation per annum = (Cost - Residual value) ÷ Life

= ($76,000 - $4,000) ÷ 8

= $72,000 ÷ 8

= $9,000

Depreciation for 1 year calendar (July 1 to Dec 31) = Depreciation per annum × 6 months ÷ Total number of months in a year

= $9,000 × 6 ÷ 12

= $4,500

So, the depreciation expenses for the year end up-to 31st Dec is $4,500

8 0
3 years ago
You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and
Lostsunrise [7]

Answer:

The president realizes that you are acting as a <u>mentor</u> to junior employees.

Explanation:

Mentors are very experienced people that provide advice to less experienced peers to help them reach their full potential, make wise decisions and advance in their careers. They become role models to others as they have experienced success in their fields.

A <em>good mentor</em> is characterized by their leadership, knowledge and willingness to help others in their professional development. They are able to effectively transmit their expertise and provide feedback to others on how they can improve.

8 0
3 years ago
Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,300 in investment expenses. T
Veseljchak [2.6K]

Answer:

$3500 is deductible

Explanation:

The question is not complete . Please see the solution below :

The Investment Interest expense can be set off against Net Investment income ( Interest income - Investment expenses i.e $25000-$2000=$23000) to the extent and the remaining is carried forward to the next year. so here the investment interest expense is wholly set off against the interest income i.e $3500 is deductible

4 0
3 years ago
More than ________ percent of those holding patents win their infringement suits.
lara31 [8.8K]
<span>The correct answer is 60%.

Over 60% of patent holders are successful when bringing infringement suits. This high rate of success ensures that patent holders receive just compensation for their work and that others cannot wrongfully benefit from their ideas. A successful patent infringement suit can require the defendant to pay monetary damages to the patent holder in addition from stopping their wrongful use of the patent.</span>
6 0
3 years ago
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