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valkas [14]
4 years ago
6

A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods

Business
1 answer:
EastWind [94]4 years ago
7 0

Answer:

16

Explanation:

Compounding periods are the number of times interest is paid to an investment per year. For example, annual compounding means that interest will be paid once a year hence compounding period would be 1.

If semiannualIy, interest would be paid twice a year hence 2 compounding periods per year. In this case, quarterly compounding means that interest payment occur every 3 months hence 4 quarters a year.

In 4 years, total compounding periods would be; 4 *4 = 16 periods.

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What is assignment?
hichkok12 [17]

Answer: The closest option is A. The rights to receive are transferred by the assignor to the assignee.

Explanation: An assignment is a term used in the area of the law of contract and of property and assets. In the legal field, assignment is the process whereby a person or a group ( the assignor) transfers his/her rights or benefits to an asset or property to another person or group (the assignee).

The whole process is documented and sealed by the signature of both parties in the presence of their lawyer.

7 0
3 years ago
Consider the following set of numbers:
zhenek [66]

Answer:

7/10

Explanation:

Given the following set of numbers:  {1, 2, 3, 4, 5, 6, 7, 8, 9, 10}

There are 5 even outcomes: {2, 4, 6, 8, 10}

There are 3 multiples of 3: {3, 6, 9}.

Combining these lists we get 7 desired outcomes: {2, 3, 4, 6, 8, 9, 10}

Therefore, the probability of drawing an even number or a  multiple of 3 is: (desired outcomes)/(total outcomes) = 7/10

3 0
3 years ago
As a barrier to new entry, absolute cost advantages can be based on Group of answer choices control over low-cost inputs require
S_A_V [24]

As a barrier to new entry, absolute cost advantages can be based on: <u>Control over low-cost inputs required for production, be they labor, materials, equipment, or management skills.</u>

<h3>What is a Barrier to Entry ?</h3>

In theories of competition in economics, a barrier to entry, or an economic barrier to entry, is a fixed cost that must be incurred by a new entrant, regardless of production or sales activities, into a market that incumbents do not have or have not had to incur.

Barriers to entry, in economics, obstacles that make it difficult for a firm to enter a given market. They may arise naturally because of the characteristics of the market, or they may be artificially imposed by firms already operating in the market or by the government.

Barrier to entry is a high cost or other type of barrier that prevents a business startup from entering a market and competing with other businesses. Barriers to entry can include government regulations, the need for licenses, and having to compete with a large corporation as a small business startup.

Learn more about Barrier to Entry on:

brainly.com/question/2975624

#SPJ4

6 0
2 years ago
On July 4, Blossom's Restaurant accepts a Visa card for a $150 dinner bill. Visa charges a 2% service fee. Prepare the entry on
Tpy6a [65]

Answer:

The journal entry is shown below.

Explanation:

According to the scenario, the journal entry for the given data are as follows:

Journal entry

Jul.4 Cash A/c Dr    $147

        Card charges A/c Dr.   $3

        To Sales revenue A/c   $150

(Being card transaction is recorded)

Computation:

Cash = $150 - 2% × $150 = $147

Card charges = $150 × 2% = $3

3 0
3 years ago
You sell short 200 shares of Doggie Treats Inc. that are currently selling at $25 per share. You post the 50% margin required on
ioda

Answer:

$ 28.85

Explanation:

Total amount = (200 × $ 25) + ( 200 × $25 × 0.5) = $ 7500

Maintenance margin = (total amount - ( number of shares × price)) / number of share × price

0.3 = (7500 - 200 p) / 200 p

0.3 × 200 p = 7500 - 200 p

60 p + 200 p = 7500

260 p = 7500

p = $ 28.85

3 0
3 years ago
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