Answer:
From the given information, we can infer that Lorenzo has decided to give Maya a warning.
Explanation:
The warning is the statement which indicates any unpleasant situation which may arise if not taken any precaution. Although it is unpleasant to hear and to contemplate, it gives sufficient time for any situation to be covered up within the time. In the above case, Lorenzo decided to warn Maya about her activity. By doing this he would be able to draw Maya's attention towards her behavior.
Answer. You're entitled to one free copy of your credit report every 12 months from each of the three nationwide credit reporting companies.
Answer:
3%
Explanation:
Given the following :
Purchased merchandise = $43,338
Number of payments required = 6
Payment per period = $8,000
PV factor (PVIFA) = (purchased merchandise / payment per period)
PVIFA = (43,338 / 8000) = 5.41725
Using the PVIFA table, we locate the interest rate on PVIFA factor of 5.41725 for a period of 6 years.
For PVIFA of 5.4172, the interest rate is 3%
Hence the implicit Interest t rate = 3%
PVIFA = [1 - (1+r)^-n] ÷ r
Answer:
The annual worth of the overhead costs for 7 year-period is
A = $389743.42.
<em>Then the time value of the annual worth is discounted by 8%</em>
∴ $389743.42 x 0.08 = $31179.47.
Explanation:
Using the formula
A = P(1 + r/n)
Where:
A = ?
t = 7
P = $200,000.00
r = 10%
n= 1
TVM =8%
∴ A = $200,000.00(1 + 0.10/1)
A = $200,000.00(1.10)
A = $200,000.00(1.9487171)
A = $389743.42
<em>Then the time value of the annual worth is discounted by 8%</em>
∴ $389743.42 x 0.08 = $31179.47
