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LekaFEV [45]
3 years ago
9

4. Your car loan requires payments of $200 per month for the first year and payments of $400 per month during the second year. T

he annual interest rate is 12% and payments begin in one month. What is the present value of this 2-year loan?
Business
1 answer:
anyanavicka [17]3 years ago
7 0

Answer:

present value = $6,246.34

Explanation:

given data

loan payment 1st year  = $200 per month

loan payment 2nd year = $400 per month

annual interest rate =  12%

solution

we get here present value of 2 year loan that is express as

present value of 1st and 2

present value = present value of 1st + present value of 2nd year

we get here

present value = { $200 × \frac{1}{0.01} - \frac{1}{0.01(1.01)12} + $400 × \frac{1}{0.01} - \frac{1}{0.01(1.01)12} } ÷ 1.0112

present value = $6,246.34

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Elis [28]

Answer: Analysis of company's performance by the management.

Explanation: In the management discussion and analysis, the upper management of the company analyze and comment on the qualitative and quantitative characteristic of a company. This is seen as a secondary information in the company's yearly financial statement.

The MD and A, is considered valuable by investors as sometimes the management also comments about the upcoming projects of the company in such statements.

3 0
3 years ago
Schumpeterian growth focuses on:______. a. capital formation (i.e., more physical capital) as central to economic growth.b. argu
timurjin [86]

Answer:

Option D The role of technological innovation and entrepreneurs as central to economic growth.

Explanation:

The reason is that these generate value of the country's product due to its uniqueness and preferable services provision which means that the exports of the product will grow and the domestic sales will also grow if the product is innovative. Innovations brings the demand because nowadays the fight is not on the borders the fight among countries is generating heavy amount of reserves through increase in exports. And this growth in economy is only possible if the country's products are produced efficiently on the international market which is only possible if the innovation has decreased the cost of producing the products or the products produced are efficient.

3 0
3 years ago
How does an organization get the most out of its large data without
Aleks [24]

Answer:

By Focusing on Key Performing Indicators (KPIs)

Explanation:

Having large amounts of data has its <em>advantages</em> with give entities competitive advantages over rivals. These include the ability to satisfy a market need and establish changing trends in demand.

However, some firms <em>get lost in large data</em> and this is because of overwhelming amount of information and failure to focus on their industry`s Key Performance Indicators (KPIs).

5 0
3 years ago
AJ Manufacturing Company incurred $54,000 of fixed product cost and $43,200 of variable product cost during its first year of op
kvv77 [185]

Answer:

Explanation:

The preparation of the income statement is presented below using the generally accepted accounting Principles (GAAP) :

Sales $176,000

Less: Cost of goods sold ($97,200)         ($54,000 + $43,200)

Gross margin $78,800

Less: Selling and administrative cost ($31,000)    ($17,200 + $13,800)

Net income $47,800

Hence, we considered all the given information

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3 years ago
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attashe74 [19]

Answer: e. a, b and c

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Opportunity costs are very important costs to look at because they help a company know if they are picking the best alternative available to them.

Out-of-pocket costs are also quite important because the company needs to know if there is a chance that they will have to pay for special features in the project that are not part of the original project but need to be paid for anyway as these monies come out of the cash reserve.

Incremental costs focus on the additional costs involved in a project and so are very important. When making a decision for processing a good further for instance, management needs to know if the incremental cost will be covered by the extra profit that will be gained.

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3 years ago
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