Answer:
10.38%
Explanation:
The formula to compute the effective annual rate of the loan is shown below:
= (1 + nominal interest rate ÷ periods)^ number of period - 1
The nominal interest rate is shown below:
= $250 × 4 ÷ $10,000
= $1,000 ÷ $10,000
= 0.1
Now the effective annual rate is
= (1 + 0.1 ÷ 4)^4 - 1
= (1 + 0.025)^4 - 1
= 1.025^4 - 1
= 10.38%
Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.
This is the answer but the same is not provided in the given options
It’s mainly talking about money and workers and how businesses increase the focus on the task soo i think the answer is “The economy”
Answer:
Total budgeted cash receipts fro May : $611000
Explanation:
Sales on credit is where the debtor can pay for the goods or services on a later date. In this case, it is paid at 3 different times: 50% during the month of sale, 30% during the next month and the reminder 20% the month after that.
According to the information, May collections would include sales of May as well as March and April. It would be:
50% of May sales = $639000 x 50% = $319500
30% of April sales = $599000 x 30% =
$179700
20% of March sales = $559000 x 20% = $111800
Total budgeted cash receipts for May = $319,500 + $179,700 + $111800 = $611000
Answer:
the transfer disclosure statement is limited to information that the seller has, while the natural hazards disclosure requires additional research
Explanation:
Both of these statements are prepared by the seller. The transfer disclosure statement has requirement for just declaration of obvious latent defects. It is limited to information that the seller has, while the natural hazards disclosure statement requires divulging if the property is in a zone known to be risky based on government maps. Therefore it requires additional research.
The answer that best completes the statement above is VALUABLE. The resources need to be valuable as the basis for superior performance over competitors. We can classify resources to be valuable if these resources are those that is needed, or the value of the resources is high since these are crucial for the consumers' daily living.
