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zlopas [31]
3 years ago
13

Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university

, Sandy accumulated $10,000 in student loans. She asks for your help in determining the amount of the quarterly loan payment. She tells you that the loan must be paid back in five years and that the annual interest rate is 8%. Payments begin in three months.
Required:
Determine Sandy's quarterly loan payment.

Business
1 answer:
Klio2033 [76]3 years ago
6 0

Answer: $611.57 or $612 rounded to nearest dollar.

Explanation:

She would have to make a constant payment per quarter which makes it an annuity.

The $10,000 is the present value of the annuity.

The quarters remaining are = 5 years * 4 = 20 quarters

Quarterly interest = 8%/4 = 2%

10,000 = Annuity * Present Value of Annuity factor, 20 periods, 2%

10,000 = Annuity * 16.3514

Annuity = 10,000/16.3514

= $611.57

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he following information relates to a company’s aggregate production planning activities: Quarter Demand Forecast 1 37,500 2 45,
Evgen [1.6K]

Answer:

20,000 units

Explanation:

Number of units in inventory at the end of quarter 3

= 3(42,500)

=127,500

Hence:

127,500- 37,500-45,000-25,000

= 20,000 units

Therefore if production strategy is used the number of units in inventory at the end of quarter 3 is 20,000 units

5 0
2 years ago
Evergreen Corporation distributes land with a fair market value of $200,000 to its sole shareholder. Evergreen's tax basis in th
Lady_Fox [76]

Answer:

True

Explanation:

As for calculating the gain or loss on distribution of any asset, in any case the company shall consider the fair market value at the time of distribution, and accordingly, the gain or loss shall be:

Fair market value - Tax basis of such asset.

Here, in the given instance

Fair market value of land = $200,000

Tax basis of land = $50,000

Thus, gain on distribution = $200,000 - $50,000 = $150,000

This will not be different in any case, whether the earnings are positive or negative.

Therefore, the statement is True

4 0
3 years ago
Dave works as a traveling pharmacist. He does not work at one pharmacy but fills in all over the country whenever another pharma
Anon25 [30]

Answer: This is an example of a RPh on the Go.

Explanation: RPh on the Go is a national health protection services company placing druggist and apothecary technicians into apothecary careers crosswise the country.

3 0
3 years ago
Sequential product development has the advantage of not only being a team-oriented approach, but also of being faster in bringin
wariber [46]

Answer:

False

Explanation:

During a sequential product development, each department works to complete its stage before the process continues to the next department.

A team-based new product development approach is used to develop products faster and to be able to sell them faster. This approach does not require that each department finishes its stage before passing to the next one. Instead, several departments work together simultaneously.

6 0
2 years ago
Elle wants to understand how much, on average, her ads cost her per click. Which metric would best help her understand this
liq [111]

To find out how much, on average, her ads cost her per click, Elle could use the cost-per-click (CPC) metric.

<h3 /><h3>How to calculate the CPC of an ad?</h3>

You must divide the total spent for an ad by the total number of clicks received. The CPC will be effective if it is aligned with the goals determined by the Return on Investment (ROI) forecast by the company.

Therefore, metrics in digital marketing ads help companies analyze the reach and effectiveness of their ads, increasing control and management.

Find out more about digital marketing here:

brainly.com/question/8367090

7 0
1 year ago
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