Answer: $1666.67
Explanation:
Given from the question
Principal (P) = $200,000
Rate= 10%
Time= 20years
The interest (I) on the first payment is the extra money that is to be paid in addition to the principal borrowed.
The interest for the first year has the formula:
I = (P×R) ÷ 100
I= (200000×10) ÷100
I = $20,000
Therefore the extra amount to be paid on the loan of $200,000 that increases at a rate of 10% for the first year would be $20,000.
The interest compounds monthly therefore, the payment on the first month would be
First Month Interest= 20,000÷12
=$1666.67
Therefore the part of the first payment that would be interest is $1666.67.
My answer is contemplation
Answer:
bond stated interest rate is below the market rate of interest.
Explanation:
A bond sells at a discount if its face value is below par. For example, if par value is $1000 and the price is $950, the bond is selling at a discount
A bond is selling at a discount if the bond stated interest rate is below the market rate of interest.
A bond is selling at a premium if its interest rate is above the market rate of interest.
Answer:
$95,400
Explanation:
The computation of total cost of ending work in progress inventory is shown below:-
Material = 18,000 Units × 100% × $2.75
= $49,500
Labor = 18,000 Units × 60% × $4.25
= $45,900
The total cost assigned to the ending work in process inventory
= Material + Labor
= $49,500 + $45,900
= $95,400
So, for computing the total cost assigned to the ending work in process inventory we simply add material with labor.
Answer:
Oligopoly
Explanation:
is a market structure where a market is shared by a small number of producers or sellers.
-The colas market has only two main players, 
and pepsi.
-Since they are selling a homogenous product, they can gain control over price but always have to consider their actions before doing so
-Usually, a change in their product price will reflect a certain kinked demand curve.
