Answer:
The interest rate implicit in this agreement is 1%
Explanation:
Present Value = $131,300
n = 9
i = ?
Annuity Payment = $15,328
Use the following formula to calculate the interest rate
PV of Annuity payment = Annuity Payment x ( 1 - ( 1 + r )^-n / r
$131,300 = $15,328 x ( 1 - ( 1 + r )^-9 / r
$131,300 / $15,328 = ( 1 - ( 1 + r )^-9 / r
8.5660 = ( 1 - ( 1 + r )^-9 / r
using Annuity Table the 8.5662 annuity factor for 9 payments shows under 1% interest rate.
So, the answer is 1%
Answer:
huh i dont understand that question no choosing letter
Quality is used to assesses the dimension of the products for reaching its fame among customers.
<u>Explanation:</u>
- The Product is said to be good only when it satisfies the best quality norms the quality is considered as the main dimension for purchasing the product.
- Quality is not considered as just a word but it contains many factors such as durability, reliability, aesthetics, conformance, price, serviceability, performance, and features of the particular product in all sorts of time with any sort of usage prescribed for it.
I guess the correct answer is absolute threshold
You are studying in your dorm room, but your neighbor is blasting the television in the adjacent room. When you gently request that your neighbor turn the volume down until you cannot hear it, you are asking your neighbor to make the volume less than your absolute threshold.
