Answer:
The answer is "36.197%".
Explanation:
Formula for EMI
![\to p \times \frac{r}{n} \times [\frac{(1+\frac{r}{n})^{nt}}{(1+\frac{r}{n})^{nt} -1}]](https://tex.z-dn.net/?f=%5Cto%20p%20%5Ctimes%20%5Cfrac%7Br%7D%7Bn%7D%20%5Ctimes%20%5B%5Cfrac%7B%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D%7D%7B%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D%20-1%7D%5D)
![= 245,000 \times \frac{0.03125}{12} \times [\frac{(1+\frac{0.03125}{12})^{12 \times 25}}{(1+\frac{0.03125}{12})^{12 \times 25} -1}]\\\\= \$ 1177.81\\\\](https://tex.z-dn.net/?f=%3D%20245%2C000%20%5Ctimes%20%5Cfrac%7B0.03125%7D%7B12%7D%20%5Ctimes%20%5B%5Cfrac%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B12%20%5Ctimes%2025%7D%7D%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B12%20%5Ctimes%2025%7D%20-1%7D%5D%5C%5C%5C%5C%3D%20%5C%24%201177.81%5C%5C%5C%5C)
Formula for calculate balance after 10 years:
![\to 245,000 \times (1+ \frac{0.03125}{12})^{10\times 12} - 1177.81 [\frac{(1+\frac{0.03125}{12})^{10\times 12} - 1}{ \frac{0.03125}{12}}]\\\\\to \$ 334739.43 - \$ 165,662.30\\\\\to \$ 169077.13](https://tex.z-dn.net/?f=%5Cto%20245%2C000%20%5Ctimes%20%281%2B%20%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B10%5Ctimes%2012%7D%20-%201177.81%20%5B%5Cfrac%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B10%5Ctimes%2012%7D%20-%201%7D%7B%20%5Cfrac%7B0.03125%7D%7B12%7D%7D%5D%5C%5C%5C%5C%5Cto%20%5C%24%20334739.43%20-%20%5C%24%20165%2C662.30%5C%5C%5C%5C%5Cto%20%5C%24%20169077.13)
Total amount after 10 years:
calculate rate:
Answer:
Answer is option c, i.e. unenforceable by any holder, including an HDC.
Explanation:
When any instrument is signed by a person, who has been declared mentally incompetent by a court, then such an instrument is considered void and it stands unenforceable by any holder including the holder in due course (an HDC). A mentally incompetent person does not have adequate knowledge of the activities carried by him/her and is not treated as a genuine.
Answer:
certain jobs are excluded from minimum wage or overtime requirements. E.g. generally white collar jobs are exempt. Exemptions include other types of jobs, especially temporary jobs.
__B___ 6. Auto mechanic
___A__ 7. Fruit picker ⇒ seasonal job
__A___ 8. Worker on a foreign-flag cruise ship ⇒ they are not employed by an American company
__B___ 9. Librarian
__A___ 10. Taxi driver ⇒ earn sales commissions
__A___ 11. Real estate agent ⇒ earn sales commissions
__B___ 12. Bellperson at a hotel ⇒ They are not exempt, but their minimum wage is much lower.
__A___ 13. Computer programmer (paid more than $27.63 per hour)
__A or B___ 14. Hairdresser ⇒ depends if they are paid based on sales commission or not, or if they receive tips. Hairdressers that receive commissions are exempt, and those who receive tips have a lower minimum wage. Only hairdressers that are paid on an hourly rate and do not receive commissions or tips must be paid a minimum wage. This applies generally to apprentices.
__B___ 15. Bank teller
Answer:
1. Purchasing a new home entertainment system would be considered by most consumers as a decision with high buyer involvement. When someone is concerned with the outcome of the process, they will spend more time learning about product options and become more emotionally connected to the process and the decision. For example, they might seek out product reviews in Consumer Reports and online sources to discover information that will assist in the choice decision. A high level of involvement usually means the entire process takes longer.
2. Buying gas for your car would be considered by most consumers as a decision with low buyer involvement. Decisions are often made almost automatically, often out of habit, with little involvement in the purchase decision.
Explanation:
