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vesna_86 [32]
4 years ago
14

what does a person need if he or she is not able to pay for a planned purchase in full with a check or cash?

Business
2 answers:
Whitepunk [10]4 years ago
8 0
A loan or grant........
KATRIN_1 [288]4 years ago
4 0
A loan. Grants are usually for businesses or companies.
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Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $
Svetllana [295]

The answer to the question is shown below.

<h3>What is the Interest rate?</h3>
  • In finance and economics, interest is the payment of an amount above the repayment of the principal sum (that is, the amount borrowed) by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by borrower or deposit-taking financial institution.
  • It differs from a fee that the borrower may pay to the lender or a third party.
  • It is also distinct from a dividend, which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a fixed rate, but rather on a pro-rata basis as a share of the reward gained by risk-taking entrepreneurs when revenue exceeds total costs.

Calculation:

Given -

Annual Interest Rate:

  • 5.75%
  • 6.40%
  • 6.00%
  • 7.55%

So, Annual Interest Rate:

  • 5.75% = 1000 × 5.75%= 57.50
  • 6.40% = 1000 × 6.40%= 64.00
  • 6.00% = 1000 × 6.00%= 60.00
  • 7.55% = 1000 × 7.55%= 75.50

So, Semiannual Interest Amount:

  • 5.75% = 1000 × 5.75%/2 = 28.75
  • 6.40% = 1000 × 6.40%/2 = 32.00
  • 6.00% = 1000 × 6.00%/2 = 30.00
  • 7.55% = 1000 × 7.55%/2 = 37.75

Therefore, the answer to the question is shown below.

Know more about Interest rates here:

brainly.com/question/25793394

#SPJ4

The complete question is given below:

Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $1,000. (Round your answers to 2 decimal places.) Find: Annual Interest Amount, and Semiannual Interest Payment

Annual Interest Rate:

5.75%

6.40%

6.00%

7.55%

7 0
2 years ago
Franchising is a contractual agreement between a firm, the franchisor, and another firm or individual, known as the ______.
xxTIMURxx [149]

Franchising is a contractual agreement between a firm, the franchisor, and another firm or individual, known as the franchisee.

8 0
3 years ago
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will
oksano4ka [1.4K]

Answer:

C) 4.2 years

Explanation:

The computation of the payback period is as follows;

As we know that

Payback Period = Initial cost ÷ Annual net cash flow

Here

Initial cost = $278000

Annual net cash flow = Incremental after tax + Depreciation per year

where,  

Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life

= ($278,000 - $30,000) ÷ 8 years

= $31,000

Annual net cash flow is

= $35000 + $31000

= $66000

So,

Payback Period is

= $278000 ÷ $66000

= 4.2 Years

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3 years ago
What things get selling more than another’s and why ?
jeka57 [31]

Answer:

Either because they are in high demand or are advertised well

Explanation:

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Which student shows resilience in relation to his or her time-management plan? Group of answer choices Amber buys all of her boo
geniusboy [140]

The correct answer is C. Edgar arranges a meeting with his instructor after missing class due to illness.

Explanation:

Resilience is considered as the ability to recover from adverse events and adapt to changes. In terms of time-management, resilience implies using time efficiently despite unexpected or negative events. This ability is shown by Edgar because he dealt positively with a negative unexpected event, which was missing class due to illness, and he could manage time efficiently and adapt despite this event. Thus, the student that shows resilience is relation to time-management is Edgar.

8 0
3 years ago
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