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7nadin3 [17]
2 years ago
8

Suppose you borrowed $37,000 at a rate of 9.0% and must repay it in 4 equal installments at the end of each of the next 4 years.

How large would your payments be?
Business
1 answer:
Eva8 [605]2 years ago
3 0

Answer:

C = 11,420.7405

Explanation:

Loan for 37,000 at 9% in four annual payment

We have to calculate the cuota of an annuity

C * \frac{1-(1+r)^{-time}}{rate} = PV\\

where rate = 0.09

time = 4

and present value is the 37,000 we receive today

C \times \frac{1-(1+0.09)^{-4}}{0.09} = 37,000\\\\\frac{37,000}{3.239719877} = C

C = 11,420.7405

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Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,410 units
svlad2 [7]

Answer:

Production= 60,740

Explanation:

Giving the following information:

Sales= 59,700

Beginning inventory= 6,410

Desired Ending inventory= 7,450

<u>To calculate the production for the year, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production=  59,700 + 7,450 - 6,410

Production= 60,740

3 0
2 years ago
Claire created an ad for a company with a target audience of customers under the age of 16 for her advertisement. However, the p
ankoles [38]

She should have used language on a level that youth could easily understand.

For example, no complicated words or concepts.

8 0
3 years ago
Claudia is hired as a Senior Engineer by Hexagon Inc. Allen, the HR Manager of the company, promises her that she will start wor
algol13

Answer:

d. Hexagon Inc. cannot be challenged in a court even when it fails to follow up on its promises.

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3 years ago
Government's role is to create and enforce laws that:
vazorg [7]

Answer:

Balance the relationship between business and society.

Explanation:

Government regulates both society and business.

The government regulates businesses to ensure that the activities of businesses are in the best interest of the society. This is why they regulate monopolies, tax companies that create negative externalities and subsidise the activities of companies that provide positive externality.

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I hope my answer helps you.

5 0
2 years ago
A company must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units t
gregori [183]

Answer:

A.Incremental income(loss)

Sales as scrap $39,000

Rework $41,600

B.The company should REWORK

Explanation:

A. Sales as Scrap Rework

Sales of scrap units ($13,000×3.00)

$39,000

Sales of rework units ($13,000×8.20)

$106,600

Cost to rework units($13,000×5.00) $65,000

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$39,000 $41,600

B.Therefore the company should REWORK

($106,600-$65,000)

=$41,600

8 0
3 years ago
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