Answer:
The First Bank loan has an effective rate of 7.98 percent.
Explanation:
we calcualte the effective rate for both loand and check which statement is correct.
<u>First bank:</u>
1.07977643 - 1 = 0.07977 = 7.98%
<u>Second bank:</u>
1.076798729 - 1 = 0.076798729 = 7.68%
Notice tthis isthe effective rate not the annual percentage rate.
So only the statement abour the first bank effectibe rate is true.
Answer: false
Explanation:
The statement is false because cost leadership is not really sustainable as it's cost effective due to the maintenance charge required to keep them in a great care despite the low operational cost being runned by the organization
The factors like democracy, poor leadership, lack of communal participation and inefficient strategic management lead to poor service delivery and corruption.
<h3>What is service delivery?</h3>
The process of providing service to the customer or subscriber, by whatever name called, who is being supplied with such services by the provider, is known as a service delivery.
Hence, the significance of service delivery is as aforementioned.
Learn more about service delivery here:
brainly.com/question/1296449
#SPJ1
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
