Answer:
The actual monthly payment is $206.08, which is slightly higher than the value given in the question, therefore, the given statement is not true.
Step by Step Explanation:
We have been given the loan amount as $12,000, term of loan as 6 years and annual interest rate as 7.25%.
Let us first find the monthly payment for this data, and then we can compare it with the given data to answer the given question.
We know that EMI formula is given as 
Upon substituting the given values.
Therefore, the monthly payment is $206.08.
The answer in this question is B Yes because the cost of the annual premium for 10 years was less than the accident claims. The cost of the insurance benefit of transferring the risk to the insurance company outweigh the cost of the premium because of the cost of the annual premium for 10 years was less than the accident claims.
Answer: I found the complete statement on google:
Jana is an action researcher who wants to better understand what predicts student success on the statewide standardized biology competency test. As her data sources, she administers the Biology Interest Survey (BIS) to all of her students, she categorizes students into two groups: those who have taken biology before and those who have not, and she also administers an in-class exam. The scores from the in-class exam are then 'curved'. She uses these data sources as a means to predict student performance on the statewide biology competency exam.
In Jana's study, the in-class biology exam is best described as:
a. an attitudinal measure.
b. a projective assessment.
c. an achievement test.
d. an aptitude test.
The correct answer is "c. an achievement test.".
This is because an achievement test allows us to know about who took biology before and who didn't, and their qualifications.
Answer:
$510,000
Explanation:
The computation of the total manufacturing cost is shown below:
= Direct material + direct labor + manufacturing overhead
where,
Direct material is
= Opening balance + purchase + transportation - ending balance
= $67,000 + $163,000 + $2,000 - $62,000
= $170,000
Direct labor is $200,000
And, the manufacturing overhead is
= $200,000 × 70%
= $140,000
So, the total manufacturing cost is
= $170,000 + $200,000 + $140,000
= $510,000
