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marta [7]
4 years ago
7

You estimate that you will owe $45,300 in student loans by the time you graduate. the interest rate is 4.25 percent. if you want

to have this debt paid in full within ten years, how much must you pay each month
Business
1 answer:
Artist 52 [7]4 years ago
4 0
Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 45300
PMT monthly payment?
R interest rate 0.0425
K compounded monthly 12
N time 10 years
We need to solve for pmt
Pmt=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=45,300÷((1−(1+0.0425÷12)^(
−12×10))÷(0.0425÷12))
=464.04...answer

Hope it helps
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When the year-to-year changes in comparative balance sheet accounts do not coincide with the changes implied from amounts report
hodyreva [135]

Answer: Operating activties section of the cash flow statement.

Explanation:

A comparative balance sheet refers to the statement which shows an organization's financial position over different periods through which comparism is made.

It should be noted that the current liabilities and the adjustment for the changes in current assets are included in the operating activities secction of the cash flow statement.

As a result of the fact that the changes in assets don't tally with cash flows, the section with regards to the operating activities of the statement of cash flows

can help in this scenario.

3 0
3 years ago
How has technology fragmented the audience for sports and entertainment commodities?
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Answer:

Actually, technology has allowed marketing in sports to become much more specialized and reach a much more targeted segment. For example, tv stations showing many kinds of  sports at one time and social media followings for specific sports.  Fragmented audience is a crucial challenge because if something is done that the audience perhaps doesn't like then there are no other segments to rely on for support. It is an opportunity because it allows the marketers to gear their strategies to a small audience and develop better PR and customer loyalty.

6 0
3 years ago
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Newly issued securities are sold to investors in which one of the following markets?A. ProxyB. InsideC. SecondaryD. Primary
Harrizon [31]

Answer:

D. Primary

Explanation:

The newly issued securities are first sold to the investors of the primary market .

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3 years ago
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12345 [234]

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7 0
3 years ago
There are ten firms in an industry. Five of the firms each have a market share of 12 percent and five of the firms each have a m
blondinia [14]

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1,040

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3 0
4 years ago
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