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laiz [17]
3 years ago
9

If the effective annual rate of interest is known to be 16.08% on a debt that has quarterly payments, what is the annual percent

age rate?
Business
1 answer:
vladimir1956 [14]3 years ago
8 0

Answer:

15.19%

Explanation:

According to the given situation, the computation of the annual percentage rate is shown below:-

Annual percentage rate = (1 + APR ÷ n^n) -1)

Now we will put the values into the above formula to reach the annual percentage rate

= ((1.1608) × 0.25 - 1) × 4

= 0.1519

or

= 15.19%

Therefore for computing the annual percentage rate we simply applied the above formula.

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Crimp corporation uses direct labor-hours in its predetermined overhead rate. at the beginning of the year, the estimated direct
Anton [14]

First of all, the predetermined overhead will be calculated.

Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hour

Predetermined overhead rate = $ 258,000 ÷ 15,000 hours = $ 17.20 per direct labor hour

Actual manufacturing overheads = $ 253,000

Applied manufacturing overheads = Predetermined overhead rate × Actual direct labor hours

Applied manufacturing overheads = $ 17.20 × 13,100 = 225,320

Applied manufacturing overheads are less than actual manufacturing overheads, thus overheads are under applied.

Actual manufacturing overheads - Applied manufacturing overheads = $ 27,680 under applied

4 0
3 years ago
Researchers tried to explain how vesicular transport occurs in cells by attempting to assemble the transport components. They se
IrinaVladis [17]

Answer:

Motor Proteins

Explanation:

According to my research on studies conducted by various biologists, I can say that based on the information provided within the question they seem to be missing Motor Proteins. These are motors that transport vesicles, thus converting chemical energy into work through the hydrolysis process that the ATP undergoes. Since they have the ATP and the Vesicles they would be able to accomplish the movement if they had the Motor Proteins.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Wendell’s Donut Shoppe is investigating the purchase of a new $40,000 donut-making machine. The new machine would permit the com
Komok [63]

<u>Solution and Explanation:</u>

<u> Answer:1</u> The total annual cash inflows associated with the new machine for capital budgeting purposes is:

=\$ 5200+(2000 * \$ 2.40 \text { per dozen })

=$10000

<u>Answer:2 </u>The internal rate of return promised by the new machine to the nearest whole percent is:

Particulars  Year  Amount ($)

Cash outflow  0  -40000

Cash inflow  1  10000

                2  10000

               3  10000

                4  10000

               5  10000

              6  10000

IRR   13%

=13% using IRR function in excel.

<u>Answer:3</u> IRR=17%

with salvage value

Particulars  Year  Amount ($)

Cash outflow  0  -40000

Cash inflow  1  10000

                 2  10000

                3  10000

               4  10000

                5  10000

              6  22000

IRR   17%

using IRR function in excel.

5 0
3 years ago
According to Mercutio, what is the "real" Romeo like? whiny, moping outgoing, witty, and sociable complex, intelligent, and deep
Mumz [18]
The following choices are:

A. whiny, moping 
<span>B. outgoing, witty, and sociable </span>
<span>C. complex, intelligent, and deeply sensitive </span>
<span>D. businesslike and straightforward
</span>
The correct answer is letter B. outgoing, witty and sociable. Mercutio himself likes the Romeo who is Romeo compared for the ones that is pined Rosaline.

<span> </span>

5 0
3 years ago
How is price a language for buyers and sellers?​
ZanzabumX [31]
Prices communicate info and provide incentives to buyers and sellers. And sometimes there negotiating involved. High prices are signals to producers to produce more and buyers to buy less. Low prices are signals for producers to produce less and for buyers to buy more.
3 0
3 years ago
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