Answer:
$67,600
Explanation:
First, find the interest rate on the loan.
Pv = $107,400
Pmt = - $17,500
n = 10
P/Yr = 1
Fv = $0
i = ?
Using a Financial Calculator to input the values as show, the interest rate (i) will be 10.0282 or 10 %
Use the Amort Function to start populating an amortization schedule.
<u>To find the total Interest [Financial Calculator]:</u>
Enter 1 INPUT 10 + SHIFT + AMORT
We get = $67,600 as the total Interest.
Answer:
Quinn values the apple pie at $4 and the chocolate cake at $10 = total $14
- since one "half" will only be chocolate, he needs $7 out of chocolate = 7/10 of the chocolate cake.
- the other "half" will include 3/10 of chocolate cake and the whole apple pie = (3/10 x $10) + $4 = $3 + $4 = $7
If Dustin chooses the second "half" he will receive 3/10 of chocolate cake and the whole apple pie = (3/10 x $4) + $6 = $1.20 + $6 = $7.20
Answer:
The correct answer is letter "D": consistent, more.
Explanation:
Utility is the satisfaction or joy an individual perceives by consuming a determined good or service. Individuals can maximize their utility by purchasing more of a product moreover when the product's price decreases. Therefore, the maximizing utility principle matches the law of demand that states as soon as a price diminishes the quantity demanded increases.
Answer:
$258,500
Explanation:
The terms FOB shipping point indicates that ownership of the goods will passes to the buyer immediately the goods are accepted or collected from the seller by the public carrier. Since the goods in the question are already in transit, they should be added to the closing stock.
FOB destination destination implies ownership of the goods passes to the buyer at the destination. Since the goods in the questions are still in transit, they should be included in the closing stock.
Therefore, we have:
December 31 inventory = $210,000 + $24,000 + $24,500 = $258,500
Therefore, Bonita should report $258,500 as its December 31 inventory,
Answer:
Where the research will be applied
Explanation:
Research utilization focuses on developing new knowledge (science), while evidence based practice focuses on improving existing clinical practices or developing new ones. In other words, research utilization focuses on the theory and evidence based practice focuses on the theory can be applied.