1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Evgen [1.6K]
2 years ago
5

Peachtree company borrows $30,000 from the local bank at 7% interest. the term of the note is five years and the annual payments

remain contant at $7,317. determine the decrease in notes payable that peachtree company should record in the first year.
Business
1 answer:
Reptile [31]2 years ago
8 0
The present value of the periodic payment of $7,317 is given by:

PV= \frac{P}{(1+r)^n}  \\  \\ = \frac{7317}{(1+0.07)^5} = \frac{7317}{1.07^5}  \\  \\ = \frac{7317}{1.4026} =\$5216.92

Therefore, <span>the decrease in notes payable that peachtree company should record in the first year is $5,216.92</span>
You might be interested in
Dr. wahls explains at great length the importance of diet to mitochondrial function, but if you had to simplify her message to f
Alla [95]

If the whole lecture about mitochondria was placed in a single tweet, it would be this one:

 

<span>“The mitochondria is the power house of the cell” A powerhouse that we all should be mindful about and to take care of our own.</span>

5 0
3 years ago
Amaya is a member of a new product design team. The team leader proposed a process that would get quick results, but Amaya was c
Vera_Pavlovna [14]

People often have different suggestions and may or may not agree with each other. Due to groupthink, Amaya did not voice her concern as she did not want to appear unsupportive of the team.

  • Groupthink is known to be a situation that takes place when a group of individuals arrive at a consensus without critical reasoning or looking into the repercussions or alternatives.

It is often based on a common desire not to anger the balance of a group of people.

It can also be regarded as a psychological phenomenon where individual strive to meet a consensus within a group.

Learn more about Groupthink from

brainly.com/question/10206116

5 0
2 years ago
Can someone please write a business article for me
11111nata11111 [884]

Answer:

u can use quillbot.com

Explanation:

it makes a few sentences into a lot giving a whole article on something off of a few sentences u write

7 0
2 years ago
The mangerial act of developing, implementing, and controlling marketing programs is called ___________.
Charra [1.4K]

Answer: The correct answer is "the marketing management process".

Explanation: The mangerial act of developing, implementing, and controlling marketing programs is called the marketing management process.

The marketing process consists in analyzing the opportunities that the market offers us, researching and selecting the appropriate niches and designing and planning strategies.

The general marketing process in any company includes all the phases that it goes through until a marketing strategy is implemented, executed and evaluated, analyzing it from practically the moment it is born and it is just a simple idea.

8 0
3 years ago
Which part of real GDP fluctuates most over the course of the business cycle?
ozzi

Answer:

c. investment expenditures

Explanation:

The reason for this is that during business cycles investors gain trust in the economy during a boom and invest a lot and during a recession they lose trust in the economy and decrease their investment by a lot, where as a lot of consumption like food, medicine, petrol etc remains mostly unaffected by changes in business cycle. Also government spending does not fluctuate a lot during the course of a business cycle because government spending is either long term like development projects.

6 0
3 years ago
Other questions:
  • Suppose your statistics instructor gave six examinations during the semester. You received the following exam scores (percent co
    11·1 answer
  • Entries for notes payable Bull City Industries is considering issuing a $100,000, 7% note to a creditor on account. Assume a 360
    11·1 answer
  • What is debit note received
    5·1 answer
  • Price discrimination occurs when people are charged _____ prices for _____ products.
    14·2 answers
  • Andy compares mattresses. A twin-sized NightSoft mattress at the large chain BuyRite costs $1,500. The BuyRite saleswoman tells
    9·2 answers
  • You record the credit entry for transaction (A) 5/1 in the journal as Date Description Debit Credit
    7·2 answers
  • Companies often use social media influencers popular with their target market to promote their products. In this case, the influ
    9·2 answers
  • What is the future value of ​$490 per year for 9 years compounded annually at 11 ​percent? The future value of ​$490 per year fo
    11·1 answer
  • CircuitTown commenced a gift card program in January 2018 and sold $12,900 of gift cards in January, $19,950 in February, and $1
    9·1 answer
  • i have a friend i think of as my brother and i changed the emoji on messenger to the teddy bear emoji and his nickname to 'My Te
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!