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Karolina [17]
4 years ago
5

First national bank charges 11.5 percent compounded monthly on its business loans. first united bank charges 11.7 percent compou

nded semiannually. calculate the ear for each bank. (do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places,
e.g., 32.16.) ear first national bank % first united bank % as a potential borrower, which bank would you go to for a new loan?
Business
1 answer:
stich3 [128]4 years ago
5 0

APR=11.5% compounded monthly
EAR=(1+0.115/12)^12-1=0.121259=12.13%
EAR=12.13%

APR=11.7% compounded semi-annually
EAR=(1+0.117/2)^2-1=0.12042225=12.04%
EAR=12.04%
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What are the greatest challenges Apple is facing? Detail them by internal weaknesses and external threats. How can Apple transfo
alekssr [168]

Explanation:

The biggest challenges facing Apple today may lie in its biggest marketing construction: its brand.

The Iphone has become a world reference in cell phones with advanced technology and differentiated features. The success of the Apple operating system, the IOS and the latest generation device configured an expressive recipe that configured the company in the world ranking of technological companies in the world.

However, despite being a favorable condition for organizational success, the brand operates with a programmed obsolescence system for its iphones to launch new versions with minor changes for users, such as adding a camera or changes to the design of the device, what constitutes an internal weakness of the company.

An external threat to the company is Chinese competing companies, such as Huawei, which has been growing more and more in the world market offering products as functional and technological as the Iphone.

For Apple to be able to transform weaknesses into strengths and threats into opportunities, it is necessary for the company to use all the added value of its consolidated brand to rethink marketing strategies and offer exclusive advantages to encourage consumers to change their devices newer versions that offer greater differentials and benefits.

3 0
3 years ago
You are trying to choose between purchasing one of two machines for a factory. Machine A costs $15,500 to purchase and has a thr
maxonik [38]

Answer:

EAC of Machine A is $6,788.64

EAC of Machine B is $6,094.62

 We should purchase Machine B because of its ]lower EAC

Explanation:

Equivalent Annual Cost (EAC) = (Asset price x discount rate)/(1-(1+discount rate)^(-n))), in which n is the number of year for usage of asset.

EAC of Machine A is $6,788.64 = ($15,500x15%)/(1-(1+15%)^(-3))

EAC of Machine B is $6,094.62 = ($17,400x15%)/(1-(1+15%)^(-4))

3 0
3 years ago
Suppose the town of boone has a total population of 50,000 people. of those, 45,000 people are employed. there are 1,000 full-ti
slega [8]
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000

To calculate Boone's unemployment rate you'll use the formula: 
Unemployment rate = number of people unemployed / labor force

Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.

The labor force is made up of everyone willing and able to work.

First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)

Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000

Finally, we are able to calculate the unemployment rate of Boone. 
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
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4 years ago
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Answer:

Explanation:

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Down. Just only one word about this
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