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4 years ago

Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. the amount of interest that jasper will collect on the loan is:

1 answer:

5 0

This a simple interest question with the principal = $25,000 time = 90 days and rate = 7%.
The simple interest in an investment after t days is given by PRT / (100 x 360). where P = $25,000 R = 7% and T = 90

S.I = (25000 x 7 x 90) / (360 x 100) = 15750000 / 36000 = 437.5

Therefore, the amount of interest Jasper will collect is $437.50

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Answer:

Morale.  Defined as the attitude of individual groups toward their work environment toward voluntary cooperation to the full extent of their ability in the best interest of the organization.

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3 years ago

Sociotechnical systems theory, quantitative management, organizational behavior, and systems theory are all examples of ______ a

victus00 [196]

Sociotechnical systems theory, quantitative management, organizational behavior, and systems theory are all examples of scientific management approaches to management.

<h3>What is scientific management?</h3>

Scientific management is a theory that analyzes how workflows this is to improve the efficiency of the economy.

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2 years ago

Assume that you plan to open a soft ice-cream franchise in a resort community during the summer months. Fixed operating costs fo

ziro4ka [17]

Answer:

$2.45

Explanation:

Fixed cost = $9,800

Variable cost:

= Units sold × (cost of the ice cream and cone + franchise fee)

= 24000 × ($0.76 + $0.24)

= $24,000

So,

total cost = Fixed cost + Variable cost

= $9,800 + $24,000

= $33,800

Profit = $25,000

Now,

Sales = $58,800

Sales unit = 24,000

So,

Sales price per unit:

= $58,800 ÷ 24,000

= $2.45

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3 years ago

Sky invests $90,000 today and receives a future value 8 years from now of $120,000. Interest is compounded twice per year. Her s

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Answer:

Annual interest rate= 3.63%

Explanation:

The rate of return earned on the investment can be worked out using the Future value of a lump sum formula.

The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate.

The formula is

FV = PV × (1+r)^(n)

PV = Present Value- 90,000

FV - Future Value, - 120,000

n- number of period- 8× 2 = 16 (note interest is compounded twice a year)

r- interest rate per period - ?

120,000 = 90,000× (1+r)^16

1+r)^16= 120.000/90,000= 1.333

(1+r)^16= 1.333

1+r= 1.333^(1/16)

r =1.333^(1/16) -1 = 0.01812

r =0.01812× 100= 1.812%

Bi-annual interest rate = 1.812%

Annual interest rate = Bi-annual rate × 2

Annual interest rate = 1.812% × 2 =3.63%

Annual interest rate= 3.63%

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3 years ago

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Answer and Explanation:

Answer and explanation attached

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3 years ago