Please help me please

Set up an amortization schedule for a $25000 loan to be repaid in equal installment at the end of each 3 years. The interest rat

Lesechka [4]

Answer:

we must first determine the annual payment:

annual payment = present value / annuity factor

present value = $25,000

PV annuity factor, 10%, 3 periods = 2.4869

annual payment = $25,000 / 2.48685 = $10,052.87

year payment interest paid principal paid ending balance

1 $10,052.87 $2,500 $7,552.87 $17,447.13

2 $10,052.87 $1,744.71 $8,308.16 $9,138.97

3 $10,052.87 $913.90 $9,138.97 $0

in percentages:

year payment interest paid principal paid

1 100% 25% 75%

2 100% 17.36% 82.64%

3 100% 9.09% 90.91%

4 0

4 years ago

Give definitions of business enterprises

Alinara [238K]

Answer:

efinition. Business enterprise means a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

Explanation:

8 0

3 years ago

How does the internet help consumers make well-informed decisions?

Rasek [7]

Because the internet make it so much easier for consumers to do research before making decision.

Through the internet, the consumers could know the credibility of a certain product by reading past experiences of other consumers that have used it before. Not only that, the consumers might know the side effects of the product which might be intentionally hidden by the producer.

3 0

3 years ago

Read 2 more answers

MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volu

kakasveta [241]

Answer:

The answer is: Projected net sales for this year are $45,254

Explanation:

The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).

Next year their products will have a $10 increase (10%), so the unit price will be $110.

Due to the price increase, the number of units sold will decrease by 15%, to a total of 425 units.

MG Lighting total sales will be $46,750. Approximately 3.2% of the total sales will be returned (equivalent to $1,496).

MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)

6 0

4 years ago

In routine jobs where workers have little flexibility, the relationship between job satisfaction and work performance is:

Ira Lisetskai [31]

Answer:

The correct answer is A. Generally small and influenced by other factors

Explanation:

Flexibility in this case refers to the development of more dynamic tasks without taking into account time, and is presented as the way in which employees get on with other tasks in order to learn new things. Job satisfaction is distinguished by aspects of their tasks, where the level of growth is perceived under static working conditions.

3 0

3 years ago