1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kazeer [188]
3 years ago
6

If you borrow​ $100,000 at an annual rate of​ 8.00% for a 10minusyearperiod and repay with 10 equal annual endminusofminusthemin

usyearpayments of​ $14,902.95, then you have just repaid what type of​ loan?
Business
1 answer:
Ivahew [28]3 years ago
3 0

Answer:

Amortized loan

Explanation:

An amortized loan is a loan with scheduled periodic payments that are applied to both principal and interest. An amortized loan payment first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.

Interest is calculated based on the most recent ending balance of the loan and the interest amount owed decreases as payments are made. This is because any payment in excess of the interest amount reduces the principal, which in turn, reduces the balance on which the interest is calculated.

You might be interested in
Imagine you are planning how to set up your new business office. What types of technology and equipment might be needed? Why mig
erica [24]

The types of technology and equipment needed in a commercial office can be cybersecurity software as well as customer relationship management (CRM) systems that assist in collecting, analyzing and organizing the information of your customer base.

It is essential for an entrepreneur to understand some terms related to information technology to generate greater compliance, security and reliability in organizational processes.

<h3 /><h3>Hypertext</h3>

It corresponds to non-sequential and non-linear electronic writing, which is added to other information such as words, blocks of texts, images or sounds.

<h3>URL (or link)</h3>

Its acronym stands for Uniform Resource Locator, which corresponds to the address of a resource available on a given network.

<h3 /><h3>Internet Service Provider</h3>

It is a commercial or non-profit entity that offers internet access and use services.

<h3>Bulletin Board Service</h3>

It is a software that allows the connection via telephone of a computer system for interaction, as well as the internet.

<h3 /><h3>Electronic Storefront</h3>

Corresponds to the hosting of e-commerce sites, that is, sites used to advertise and sell products and services, managing online transactions.

<h3 /><h3>Newsgroups</h3>

Forums in which it is possible to share opinions on different subjects, with people who share the same interests.

<h3>Flames</h3>

It is a type of modular malware that attacks computers and can spread to other systems through LAN and USB memories, generating data and documents steals.

Therefore, it is essential that every entrepreneur understands basic principles of automation to achieve greater security, availability of information and speed in their processes.

Find out more information about technology here:

brainly.com/question/1757772

8 0
1 year ago
Glen wants to take a holiday that costs $8,850, but currently he only has $2,750 saved. if he invested his money at 8 percent in
Katarina [22]
<span> <span>Solution:

A = P(1+r)^n

where,
A = amount
P = principal
r = rate of interest
n = number of years

Putting values in the formula,

8850 = 2750(1+0.08)^n

8850/2750 = (1+0.08)^n
log will be used to solve "n" as it is in the exponent form, which gives,

log(8850/2750) = n log(1+0.08)

By solving, we get n = log(8850/2750) / log(1+0.08)

Using financial calculator, value comes as 15.187 rounded to 15.19.

So, he will have to wait for 15.19 years to take holidays as it will take 15.19 years to make $8850 from $2750 @ 8% annual compounding.</span> </span>
4 0
3 years ago
You are considering an investment in fields and struthers, Inc, and want to evaluate the firm's free cash flow From the income s
kirill [66]

Answer:

A.) $81,100,000

B.) $64,000,000

C.) $17,100,000

Explanation:

EBIT = $90 million

Tax rate = 21%

Depreciation = $10 million

gross fixed assets increased by $56 million

current assets increased by $44 million

current liabilities increased by $36 million

A.) Operating Cash flow for 2021

EBIT + Depreciation - (EBIT × Tax rate)

$90, 000,000 + 10,000,000 - (90,000,000×0.21)

100,000,000 - (18,900,000) = $81,100,000

B.) Investment in Operating capital for 2021:

Increase in gross fixed asset + (increase in current asset - increase in liability)

$56,000,000 + ( $44,000,000-$36,000,000)

= $56,000,000 + $8,000,000

= $64,000,000

C.) Free cash flow

Operating Cash flow - investment in operating

$81,100,100 - $64,000,000 = $17,100,000

3 0
2 years ago
Countries with free market economies in which property rights are protected tend to have _____ than command economies or economi
FinnZ [79.3K]
<span>Countries with free market economies in which property rights are protected tend to have </span>greater economic growth rates <span>than command economies or economies where property rights are poorly protected.
</span><span>The reason is the lack of infrastructure and supporting business in primitive or undeveloped economies, which may lead to situation in which is more costly to do business.  </span>
4 0
3 years ago
Verizon Wireless has just announced a 2-for-1 stock split, effective immediately. Prior to the split, Verizon Wireless had a mar
stiks02 [169]

Answer:

hsjsmsjsjejekwkwjehevebjsus

8 0
3 years ago
Other questions:
  • Shane's Catering began with cash of $10,000. Shane then bought supplies for $2,300 on account. Separately, Shane paid $7,500 for
    7·1 answer
  • The owners of a corporation are its shareholders. If a corporation has only one class of shares, they typically are labeled comm
    11·1 answer
  • Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.30 Direct labor
    11·1 answer
  • Why had farming become unprofitable during this period?
    12·1 answer
  • Borchardt Corporation has provided the following data concerning last month’s operations. Direct materials $ 29,000 Direct labor
    15·1 answer
  • A firm is reviewing a project with labor cost of $9.00 per unit, raw materials cost of $25.25 a unit, and fixed costs of $13,000
    14·1 answer
  • A government collects $70 billion quarterly in tax revenue. Each year it allocates $15 billion to the justice system and $29 bil
    13·2 answers
  • In measuring return-on-investment (ROI) from sport sponsorships, companies have used all of the following methods except A. peri
    8·1 answer
  • As the supply of Blu-Ray players has increased over the years and the price of Blu-Ray players has dropped, the _____.
    7·1 answer
  • figure 3-5 shows that in U.S. data labor`s shareof total income is aproximatly a constant over time. Table 3-1 shows that the tr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!