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dedylja [7]
1 year ago
14

an amount of 16000 is borrowed for 8 years at 3% interest, compounded annually. if the loan is paid in full at the end of that p

eriod, how much must be paid back?
Business
1 answer:
bezimeni [28]1 year ago
4 0

He must pay back 20268.32 of amount after borrowing 16000 for 8 years at the interest rate of  3% for one year.

<h3>How to calculate loan amount ?</h3>
  • The term "Loan Amount" refers to the sum of money we currently owe you for this mortgage. The loan amount may also include other fees, interest , defaulted payments, interest on defaulted payments, principal, and interest on unpaid principal.
  • The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The total interest on a loaned or borrowed sum is determined by the principal amount.

Amount he borrowed = 16000

No. of years = 8 years

Rate of interest = 3%

Calculate full amount (A) :

Equation for A = P(1 + r/n)^(nt)

A =  16000(1 + .03)^8

A = 20268.32

He need to pay 20268.32 after 8 years.

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Andreyy89

<u>Answer:</u>

D) Quantity supplied; Decrease

<u>Explanation:</u>

The newspaper will be supply most of the people would buy and read the news. Because it is necessary for all. To know about what is happening in the world. But the price is increase none of them are ready to buy it.

Nowadays people have a mobile phones which is very simple to know about what is happening. It is enough to all. So the people don't want to buy the newspaper. Hence the answer is Option D, i.e., This would cause the  Quantity Supplied of Baltimore Newspapers to Decrease.

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3 years ago
The long-run aggregate supply curve shifts right if:
Pani-rosa [81]

The long-run collective supply curve shifts right if productivity increases or the price of key inputs decrease. It makes the combination of the lower inflation, higher output and lower unemployment.

<h3 /><h3>What is aggregate supply?</h3>

Aggregate supply is also called total output, it is the total production of the goods and services within an economy at the overall price at the given period.

The main two elements of aggregate supply are consumption and saving. The sum up of the national supply is the consumption expenditure and savings.

Thus, The long-run collective supply curve shifts right if productivity

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5 0
2 years ago
Dell Computer's primary consumer business takes orders from customers for specific configurations of desktop and laptop computer
irina1246 [14]

Answer:

Assemble to order

Explanation:

The reason is that the customer places the order and all Dell does is just assemble the product and deliver it to its customers. Dell is using just in time mechanism and has all of its chips manufacturing, LED manufacturing, etc production facilities interconnected. Even its suppliers are close to its production sites. This enables Dell to produce products that the customer is desiring. So assembling products by just after taking the customer orders is "assemble to order mechanism".

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daily enterprises is purchasing a $10 million machine. it will cost $50,000 to transport and install the machine. the machine ha
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The value of a fixed asset less the total accumulated depreciation that has been recorded against it is its depreciated cost. The total amount of capital that is "used up" in a certain time frame, such as a fiscal year, is referred to as the depreciated cost in a broader economic sense. The accuracy with which depreciation is calculated allows one to assess patterns in a company's capital expenditures and how aggressive its accounting practices are. The terms "salvage value," "net book value," and "adjusted cost base" are all synonyms for "depreciated cost." Businesses and private individuals can calculate an asset's useful worth using the depreciated cost technique of asset appraisal.

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