Johnstone should value the equipment at $125,096.
<h3>
What are installments?</h3>
- Simply put, an installment payment is a quantity of money that is paid over a specific period of time in smaller installments.
- A recurring payment called an installment payment plan enables clients to make larger purchases without having to pay the full amount up front.
<h3>What is the interest rate?</h3>
- 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, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
<h3>Solution -</h3>
PV = $28,000 + $5,000 (3.79079) = $125,096
Equipment Present value of an ordinary = $125,096
Therefore, Johnstone should value the equipment at $125,096.
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Explanation:
Grameen bank is one of the pioneers in the world of Micro Finance Institutes, which not only provides the poor with access to financial capital but also helps them build a better business which allows them to escape from the poverty cycle. This lead to an overall upward economic movement in the society, improving the economic condition of a country as a whole. Through these micro finance loans, a number of SMEs (Small and Medium Enterprises) emerges which further provide employment opportunities to other people thus starting a virtuous cycle of economic growth.
As the economic condition of the poor becomes better, these poor people inturn becomes customer for these business for other products thus being a huge source of profit.
<span>Usury The Answer
Hope This Helps</span>
Collision indemnification provides coverage regardless of the type of contingency, whether the insured driver hits another car or runs his car through the back wall of his garage. In states that have no-fault indemnification laws, it additionally covers the costs when the conveyance damage is caused by another driver. If the insured driver damages another car, collision coverage does not cover the rehabilitation costs for the other car. These costs are covered by liability (bodily and physical property damage) indemnification coverage, which is conventionally required by law.If an insured conveyance is vandalized, damaged due to natural causes like a hail storm or flood, or purloined then comprehensive indemnification coverage applies. Most policies withal provide coverage for damages caused by hitting or being hit by animals or birds.Whether required by law or not, most lenders require collision and comprehensive indemnification as a condition of financing. Rates charged for collision and comprehensive coverage vary predicated on age of driver, driving record, credit history and local car larceny rates.
The answer is "<span>goods and services are produced faster".
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Productivity is defined as the capacity to accomplish more and do it speedier, it doesn't simply expand your income. If you do it right, it can likewise build your wage. The issue is that customary frameworks misunderstand productivity. Real productivity isn't tied in with accomplishing more things. It's tied in with completing the correct things.