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Sergeu [11.5K]
3 years ago
12

You take out a bank loan today for $6,000 . You will repay the loan with two equal payments in years 4 and 5 . If the loan inter

est rate is 5.00% compounded annually, how big are the payments?
Business
1 answer:
tankabanditka [31]3 years ago
7 0
You should know the pay ments are realy big
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If a one-year bond has a face value of $5,000 and is sold for $4,500, what is the interest rate on the bond?
Arada [10]

Answer:

11.1%

Explanation:

The face value is $5000

It is sold for $4,500

Therefore the interest rate of this bond can be calculated as follows

$5000-$4500

= 500

500/4500 × 100

= 0.111 × 100

= 11.1%

Hence the interest rate is 11.1%

6 0
3 years ago
Which event occurs in the large intestine?
OLEGan [10]
The main function of our large intestine is to absorb the water that is present in the insoluble food components we take in and its by-product would be the waste that is excreted from the body as faeces. The large intestine is followed by the anus and is preceded by the small intestine.
7 0
3 years ago
1 If Peter temporarily takes over Thomas's job in his absence, what does this move represent? Briefly explain what this entails.
Ludmilka [50]

Answer:

This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.

4 0
3 years ago
Mr Doolittle has Medicare Parts A and B coverage . He was well during the entire past year. On January 1 , Mr. Doolittle is rush
DerKrebs [107]

The completion of the following Medicare mathematical calculations by putting in the correct amounts is as follows:

a. Medicare payment:  $173.60

b. Patient owes Dr. Input: $226.40

c. Dr. Input’s courtesy adjustment: $50

<h3>What is the courtesy adjustment?</h3>

Courtesy adjustment is the write-off of a part of the medical bills to reduce the payment burden on the patients not fully covered by Medicare.

<h3>Data and Calculations:</h3>

Original bill = $450

Unmet deductible = $183

a. Medicare payment:  $173.60 ($400 x 43.4%)

b. Patient owes Dr. Input: $226.40 ($400 x 56.6%)

c. Dr. Input’s courtesy adjustment: $50 ($450 - $400)

Learn more about Medicare Payments at brainly.com/question/1960701

#SPJ1

<h3>Question Completion:</h3>

a. Medicare payment:

b. Patient owes Dr. Input:

c. Dr. Input’s courtesy adjustment:

4 0
2 years ago
Smith Pharmaceuticals is trying to estimate the breakeven volume of sales on a newly developed drug. Which of the following woul
ahrayia [7]

Answer:

An increase in the unit (per pill) contribution margin.

Explanation:

Breakeven point is defined as the level of sales where total cost is equal to total revenue.

The formula is given as

Breakeven= Fixed cost ÷ (Sales revenue -Variable cost)

Note the Sales revenue less variable cost is the contributing margin.

Breakeven= Fixed cost ÷ Contributing margin

To reduce breakeven we must either reduce the numerator or increase the denominator.

In this case an increase in contributing margin will result in a decrease in breakeven amount of the company.

8 0
3 years ago
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