Answer for the question is answer C
Answer:
We should pay $243.3 each month to pay of the loan.
Explanation
The present value of the loan is 8,000, the number of compounding periods are (3*12) =36 because payment is going to be made monthly for 3 years, the future value of the loan is 0 as there will be no lump sum payment at the end of the loan and equal payments each month, the monthly interest rate is 6%/12= 0.5%. We input these 4 values to find the monthly payment.
PV= 8,000
FV=0
N=36
I=0.5
Compute PMT= 243.3
Answer:
Post the transaction information to the ledger
Explanation:
Usually there about eight steps in the accounting process. The first two steps are:
1. Identification of transactions.
2. Recording of identified transactions in a Journal
3. Posting into the general ledger
The general ledger provides details of all accounting activities by account enabling the bookkeeper to monitor financial positions and statuses by account.
Answer:
It increases peoples' knowledge about cultural differences, awareness, and communication.
Explanation:
The correct answer is the firm's component cost of debt for purposes of calculating the wacc is 7.32%.
