Explanation:
You don't make the decisions about your finances until you have an outstanding debt; your creditors do. You determine how much you are charging for charge it. In some situations, you can increase the interest rate and the minimum payment and you can change your spending to suit it for less than two months.
You Should try to clear out the debt as quickly as possible, but not merely because it saves you money. The side effects of debt will influence other crucial aspects of your life so you don't make more profit and get what you want.
You exude confidence, however once you are out of debt. "You are appealing to people,". "And what do you guess? You draw money instead. So get out of your debt then hold out your debt, if you ask me, the quicker the better.
Answer: E - The technology which the company is considering adopting was recently developed and has not yet been successfully implemented in a real business context.
Explanation: the company would be able to recover the cost of adoption of the new technology . This strengthens the argument that the upgrade should take place.
The new technology would improve cost of production and efficiency. This strengthens the argument that the upgrade takes place.
Because the upgrade hasn't been successfully tested, it might have an unintended negative impact which would erode all the benefits of the upgrade
Answer:
$8,693
Explanation:
Effective annual interets rate: AI = (1+i/m)^n - 1
i = 3*2=6%, m = 26
AI = [1+6%/26]^26 - 1
AI = 1.0617 - 1
AI = 0.0617
Let semi annual income be $X. So, present value of four semiannual income will be aggregated to get principal invetsed money of $30,000
30,000 = ∑[X/1.0617^n}
30,000 = 3.451 * X
X = 8693.132425383947
X = $8,693
Therefore, firm have to earn $8,693 after every 6 months at an interest rate of 3% per week to recover $30,000 initial investment in 2 years
Answer:
3.5 customers
Explanation:
The computation of the average number of customers in the system is shown below:
= (Arrival rate) ÷ (Service rate - arrival rate)
= (210 customers) ÷ (270 customers - 210 customers)
= (210 customers) ÷ (60 customer)
= 3.5 customers
We simply apply the average number of customers formula so that the correct value can come
All other information which is given is not relevant. Hence, ignored it