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pochemuha
3 years ago
9

How much interest is paid on a 52,000 loan if the monthly payments are 450.23 for 30 years?h of these equations shows how instal

lment loans are calculated??
Business
1 answer:
Stels [109]3 years ago
4 0
To find out the rate of the interest of the loan we will divide the amount paid by the amount of money borrowed and multiply the quotient with 100. Say,
450.23 ÷ 52, 000 = 0.008658 
0.008658  × 100 is 0.87%
Therefore, the rate of interest is 0.87% per month.
If this loan is paid monthly within 30 years. The loaner would pay 162, 082.8 in 360 months or 30 years.
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The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.4 hours
dexar [7]

Answer:

the  labor efficiency variance is $35,244 favorable

Explanation:

The computation of the labor efficiency variance is shown below:

As we know that

Efficiency Variance is

= Standard rate × (Standard hours - Actual Hours)

= $13.20 × (9.4 ×1,050 units - 7,200 hours)

= $13.20 × (9,870 hours - 7,200 hours)

= $35,244 favorable

hence, the  labor efficiency variance is $35,244 favorable

7 0
2 years ago
Which mission area includes restoring health and social services networks and returning economic and business activities to a he
Bezzdna [24]

Answer:

The correct answer is letter "A": recovery.

Explanation:

The U.S. Federal Emergency Aid (<em>FEMA</em>) is an agency that aims to provide the necessary support needed in front of major events and natural disasters. The FEMA has five (5) mission areas: <em>prevention, protection, mitigation, response, </em>and <em>recovery</em>. FEMA's recovery mission is to put back on track communities affected by incidents. FEMA's core capabilities include planning,  health and social services, infrastructure systems and economic recovery.

8 0
4 years ago
With the standard burger without a bun, the bottom bun items go on the _____ and the top bun items go on the ______
Olegator [25]

With the standard burger without a bun, the bottom bun items go on the right and the top bun items go on the left.

Place the baking sheet in the oven or toaster and close the door. Keep an eye on the buns and remove them after 30 seconds or when they begin to brown.

French fries should be cooked for about two and a half to three minutes. Shake the frying basket well before dipping it into the oil. Shake regularly to prevent sticking.

Burger "all the way" order includes lettuce, pickles, tomatoes, grilled onions, grilled mushrooms, ketchup, mustard, and mayonnaise.

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6 0
1 year ago
Because General Electric is a ____ corporation, Todd Barrow can purchase stock with the help of an account executive through the
dexar [7]
The correct answer is  : Public

purchasing stock through Secondary market means that an investor could purchase the stock from other investors, ( usually through stock exchange)
currently, only Public corporations could sell their stocks in the stock exhange
5 0
3 years ago
Which is not a task of the bankruptcy trustee?
klio [65]

Answer:

The option which is not a task of the bankruptcy trustee is;

Represent the debtor when meeting with creditors

Explanation:

In a case of bankruptcy a bankruptcy trustee is assigned by the court and to whom the case information is handed to perform the following tasks

1) Converts the collected company assets to money

2) Assess the creditors (owed by the debtor) proof of claims

3) Allocate monetary refunds to the creditors

4)  Upholds or refuse claimants to specific debts

5) Completes tax and other financial reports that are submitted to government agencies

3 0
3 years ago
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