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irga5000 [103]
3 years ago
12

A $25,000 bank loan is to be repaid in equal yearly payment over 15 years at an effective annual interest rate of 7%. you did th

e calculation and found that your annual payment is $2745. what is the unpaid principal after you made your 8th payment?
Business
1 answer:
Anon25 [30]3 years ago
8 0
¿ʇuǝɯʎɐd ɥʇ8 ɹnoʎ ǝpɐɯ noʎ ɹǝʇɟɐ ןɐdıɔuıɹd pıɐdun ǝɥʇ sı ʇɐɥʍ ˙5472$ sı ʇuǝɯʎɐd ןɐnuuɐ ɹnoʎ ʇɐɥʇ punoɟ puɐ uoıʇɐןnɔןɐɔ ǝɥʇ pıp noʎ ˙%7 ɟo ǝʇɐɹ ʇsǝɹǝʇuı ןɐnuuɐ ǝʌıʇɔǝɟɟǝ uɐ ʇɐ sɹɐǝʎ 51 ɹǝʌo ʇuǝɯʎɐd ʎןɹɐǝʎ ןɐnbǝ uı pıɐdǝɹ ǝq oʇ sı uɐoן ʞuɐq 000'52$ ɐ
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The weighted moving average forecast for the fifth period, with weights of 0.15 for period 1, 0.20 for period 2, 0.25 for period
bulgar [2K]

Answer:

a. 3,760

Explanation:

The computation is shown below:

Period     Demand    Weight    Demand × weight

1               3,500         0.15        525

2              3,800         0.20        760

3              3,500         0.25        875

4              4,000         0.40        1,600

Total                                          3,760                      

We simply multiplied the demand with the weight to get the total.        

4 0
2 years ago
Justin is the CEO of Nexon Inc. He works in an open office and encourages his employees to approach his desk any time of day. Ju
nikitadnepr [17]

Answer:

The answer is: Democratic management style

Explanation:

This management style is based on the belief that two heads are better than one, and that every employee (no matter position they hold) deserves to have a say.

So managers that follow this style usually encourage their employees to participate and share their ideas and suggestions. They tend to create horizontal organizations, but the final and last decision still belongs to the boss.

Employees usually like this system because they feel they are a valuable and important part of the organization. Many times it leads to higher efficiency and productivity.

As a downside, these organizations tend be more messy (informal) and decision making processes are very time consuming.

5 0
3 years ago
Bonita Manufacturing uses a flexible budget. It has the following budgeted manufacturing costs for 24700 pairs of shoes: Fixed M
NikAS [45]

Answer:

the  total budgeted manufacturing cost is $292,600

Explanation:

The computation of the total budgeted manufacturing cost is shown below;

Total Budgeted Costs = Fixed Costs + Variable costs

= $12,300 + $292,600

= $304,900

Total Variable costs = Variable Cost Per Unit × Activity Level

= $14 × 20,900

= $292,600

Hence, the  total budgeted manufacturing cost is $292,600

4 0
2 years ago
If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re
Naddika [18.5K]

Answer:

The correct answer is True

Explanation:

In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.

In other words, the equivalent units is shown thus:

Equivalent units =100000 units*20%

Equivalent units =20000 units

This implies that labor has carried  out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.

7 0
3 years ago
Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve
Vilka [71]

Answer:

1 pound = $1.6582

good luck

5 0
3 years ago
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