Rosalinda's annual percentage rate (APR) on the loan is <u>195%</u>.
<h3>What is the annual percentage rate?</h3>
The annual percentage rate represents the finance fee and interest paid for borrowing.
The annual percentage rate (APR) for a period of 1 year an be computed by the following simple interest formula:
(Interest + Fee ÷ Principal) ÷ Period
We can multiply the result above by 100 to express it as a percentage.
Assuming that the periodic interest rate is known, we multiply the number of periods in the year to compute the annual percentage rate.
Principal = $2,000
Fee on the loan = $150
Period of loan = 2 weeks
52 weeks = 1 year
Annual percentage rate = 195% ($150/$2,000 x 100 x 52/2)
<u>Check</u>:
APR in dollars = $150 ($2,000 x 195% x 2/52)
Thus, for borrowing $2,000 in two weeks and paying $150 as fee, Rosalinda's loan attracts 195% APR.
Learn more about the annual percentage rate at brainly.com/question/24715857
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<h3><em>Answer:</em></h3><h3><em>Answer:For a self-employed individual, contributions are limited to 25% of your net earnings from self-employment (not including contributions for yourself), up to $61,000 for 2022 ($58,000 for 2021; $57,000 for 2020). You can calculate your plan contributions using the tables and worksheets in Publication 560</em></h3>
Answer:
A. Increase liabilities (Accounts payable) by $337.8 million
Explanation:
The journal entry will be: Inventory (Credit - Increased) 337,860,000 and Accounts payable (Debit - Increased) 337,860,000.
The company must recognize the increase in the Inventory and the medium of payment (Accounts payable).
B is false because this operationn can also be a decrease in cash, but the amount in the operation is too high for this payment medium.
C is false because, the inventory is not sold, and COSG will be increased when the goods are sold.
D is also false because the inventory is increasing, not decreasing.
Answer: Target market
Explanation: The target markets refers to the group of customers at which an organisation aims its marketing efforts. In simple words, it is that market in which the organisation intends to make it sale for the generation of profits.
In the given case, Kroger is introducing a product that satisfies needs and preferences of Hispanic customers specially. So we can conclude that Hispanic consumers are the target market for Kroger.
Answer:
-5/6
Explanation:
Fist find the common denominators of the two
Then you that minus sign in front of the fraction that means its negative
although theres an addition sign where subtracting fractions.
given it's in this order the fraction will be negative
:D
