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3 years ago

What is the apr on a loan that charges interest at the rate of 1.4% per month?

1 answer:

5 0

The APR stands for the Annual Percentage Rate. To find the APR (12 months) on a loan that charges interest at the rate of 1.4% per month you will need to multiply the monthly rate of 1.4 by 12 months. 1.4 x 12 months = 16.8% APR

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Which of the following would be the most appropriate identifier for a memory location that will store the amount of rainfall for

tino4ka555 [31]

amountOfRain would be the most appropriate identifier for a memory location that will store the amount of rainfall for a given period of time.

Explanation:

A set of characters in a sequence that helps in the identification any value or a set of set is known as identifiers. Identifiers are unique in nature. A character sequence that is given for storing a set of data should not be given to store another set of data.

They are useful in referencing a variable from which the data or values that are contained in that particular variable can be easily retrieved. For example a variable can be indicated by an identifier totalAmount in which the value stored is 56000. The starting name of the variable should be given in smaller case letter and second name should be in capital letter. For instance if you are going to store the value 45 in the variable amountoftime then the variable name should be given as amountOfTime.

4 0

2 years ago

3. Definition of economic costs Felix lives in Miami and runs a business that sells boats. In an average year, he receives $851,

Elanso [62]

Answer:

The economic costs are the sum of the explicit costs or monetary costs, and the implicit costs, or opportunity costs.

The explicit or monetary costs that Felix has are:

Payments to manufacturer: $476,000

Wages and utility bills: $281,000

Total monetary costs: $751,000

The implicit or opportunity costs that Felix is incurring are:

Rent he would get for his showroom: $71,000

Salary he would get as an accountant: $34,000

Total opportunity costs: $105,000

Total economic costs: $751,000 + $105,000 = $856,000

6 0

2 years ago

"A customer owns 1,000 shares of XYZZ stock, purchased at $40 per share. The stock is now at $45, and the customer has become ex

Alika [10]

Answer:

Sell 1,000 shares of XXYZZ and buy 10 XYZZ put contracts

Explanation:

In the stock markets a bullish trend is when the price of the stock increases, while a bearish market is when the stock price decreases.

In this scenario the customer owns 1,000 shares of stock XYZZ stock that have been in a bullish trend rising from $40 to $45.

Usually a bullish trend is followed by a bearish trend.

If the customer is sure there will be a bear on the stock them he should sell or make a put trade.

On sale of the 1,000 shares the customer will make $5 per share, and enter a put option since the market is going bearish.

7 0

3 years ago

Current operating income for Bay Area Cycles Co. is $34,000. Selling price per unit is $100, the contribution margin ratio is 25

leonid [27]

Answer:

break even point in unit =5440 units

break even point in sales = $544000

total sale = $680000

Explanation:

given data

Current operating income = $34,000

Selling price = $100

margin ratio = 25%

to find out

Bay Area Cycle’s break even point in units and total sales dollars

solution

we get here first break even point that is express as

break even point in unit = $\frac{fixed\ cost}{contribution\ per\ unit}$ ..................1

break even point in unit = $\frac{136000}{100*0.25}$

break even point in unit =5440 units

break even point in sales = $\frac{fixed\ cost}{margin\ ratio}$ ..................2

break even point in sales = $\frac{136000}{0.25}$

break even point in sales = $544000

and

total sales will be

total sale = $\frac{operating\ income+ fixed\ expense}{margin\ ratio}$ ..................3

total sale = $\frac{34000+136000}{0.25}$

total sale = $680000

3 0

3 years ago

Agile project management involves ____ whereas traditional project management involves _______. Multiple Choice known and stable

Ainat [17]

Answer:

For comprehension purposes, I would write the question again with options attached below:

Agile project management involves ____ whereas traditional project management involves _______. Multiple Choice

a. known and stable scope, unknown requirements

b. high certainty, projects with unstable scope

c. projects with high predictability, project with unknown or unstable requirements

d. iterative and incremental delivery, upfront planning with high predictability

e. high uncertainty, projects with unknown requirements

The correct answer is option d. (iterative and incremental delivery, upfront planning with high predictability)

So, Agile project management involves iterative and incremental delivery whereas traditional project management involves upfront planning with high predictability.

Explanation:

Agile project management involves iterative and incremental delivery as Agile project management allows making changes to the product which then opens ways for iteration. Agile life cycles are composed of several iterations because of changes that might arise due to feedback during the production process of the project.

Traditional project management is highly predictable and it doesn't give room for changes as project cycles and stages are planned ahead. It's a rigid process.

5 0

2 years ago