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Ad libitum [116K]
3 years ago
8

What is the total compound interest of a loan for $5000 with an annual interest rate of 8% at the end of a two-year period?

Business
1 answer:
sukhopar [10]3 years ago
4 0

Answer:

= $832s

Explanation:

CI = 5000*(1+8/100)^2

   =5832 -5000

    = $832s

There is a difference between the CI and SI. For SI principal remains the same each year. However, when we deal with CI then the new principal is the starting principal plus the interest. And that is the difference between the two. Also, the formula hence for CI is:

CI= P(1 +R/100)^N -P

SI= PRT/100

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Answer:

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3 years ago
Companies that adopt the principle of ethical relativism in providing ethical guidance to company personnel:
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2 years ago
Assume that both labor and capital exhibit diminishing returns. Suppose you can hire an additional unit of labor for $10, and sh
anygoal [31]

Answer:

b) Nothing, because you are already minimizing cost

Explanation:

cost of producing one additional unit by hiring more workers = $10 / 50 units = $0.20 per unit

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Using the same logic, the previous units of labor were able to produce more than 50 units, which means that the average total cost was lower using labor than the machine. So if the company's concern is to minimize costs, then they are already doing so.

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3 years ago
PLZ!!! SOMEONE HELP ME Drag each label to the correct location on the table. Match the characteristics with the organizations th
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Answer:

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...

5 0
3 years ago
Read 2 more answers
A property is financed with an 85% LTV at 10% interest over 25 years. What would the estimated BTIRRE be on equity given that th
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Answer:

c. ​15.0%

Explanation:

First we need to calculate the Debt to equity ratio

Debt to equity ratio = Debt / Equity

Debt to equity ratio = 85% / 15% = 5.66667

Now calculate BTIRRE  using following formula

BTIRRE  = BTIRRP + ( BTIRRP - BTIRRD ) x Debt to equity ratio

Where

BTIRRP = 10.75%

BTIRRD = 10%

Placing values in the formula

BTIRRE  = 10.75% + ( 10.75% - 10.00% ) x 5.66667

BTIRRE  = 10.75% + 4.25%

BTIRRE  = 15.00%

7 0
2 years ago
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