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Artemon [7]
4 years ago
14

If you borrow $5000 to remodel a home at 5% interest, what is the principle

Business
1 answer:
drek231 [11]4 years ago
6 0
Wouldn't it be available credit line because that =5,ooo$ and you were asking what the principle was so i think it's  available credit line.
Hope I helped :)
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Recent medical research revealed that the presence of gluten in oats can cause celiac disease in the elderly. Since the elderly
natali 33 [55]

Answer:

The supply of oats came down drastically, with some major participants exiting the market.

Explanation:

The price of oats actually increased because, due to the research that says oats contain gluten that can cause a disease in the elderly and therefore not good for consumption, the supply of oats decreased thereby resulting to the scarcity of oats in the market.

When supply decreases, price increases.

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4 years ago
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Virty [35]

Answer:

<h3>Reality is a state of consciousness and awareness whereby one can feel and comprehend his himself and his mind and his soul to live in.</h3>

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8 0
2 years ago
Evaluate the advantages and disadvantages of horizontal, vertical and conglomerate mergers.
Mrac [35]

Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.

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7 0
2 years ago
What is foolproof definition of looking like a fool
Neko [114]
<span>Falling for anything which makes companies and other people think you're too stupid or too young to know better. 
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8 0
3 years ago
On January 1, Year 1, a company issues $39.1 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30
Digiron [165]

Answer:

$42,969,487

$ 39,100,000  

$ 35,745,399  

Explanation:

The price of the bond using the pv formula in excel is given thus:

=-pv(rate,nper,pmt,fv)

rate is the market rate divided by 2 since interest is payable twice  a year

nper is 20year multiplied by 2 which gives 40

pmt is the semiannual coupon=$39,100,000*9%*6/12=$1,759,500.00  

fv is the face value of $39,100,000

market rate of 8%

=-pv(8%/2,40,1759500,39100000)=$42,969,487  

market rate of 9%

=-pv(9%/2,40,1759500,39100000)=$ 39,100,000  

market rate of 10%

=-pv(10%/2,40,1759500,39100000)=$35,745,399  

8 0
3 years ago
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