1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natali [406]
3 years ago
10

Zach Taylor is settling a $20,000 loan due today by making 6 equal annual payments of $4,727.53. Determine the interest rate on

this loan, if the payments begin one year after the loan is signed.
Business
1 answer:
kotykmax [81]3 years ago
8 0
Thank you for posting you question here. I hope the answer will help. The interest rate on this loan if the payments begin one year after the loan is signed is 11%. Below is the solution:

N=6
PMT=4,727.53
PV=20,000
FV=0
I=?
<span>I=11%</span>
You might be interested in
if you receive a telephone call from someone asking that you explain your preferences for certain kinds of products, you are the
katen-ka-za [31]

If you receive a telephone call from someone asking that you explain your preferences for certain kinds of products, you are the subject of a survey.

In human research, a survey is a list of questions designed to extract specific data from a specific group of people. Surveys can be conducted by phone, email, internet, street corner or shopping mall.

A survey is a research method used to collect data from predefined groups of respondents in order to gain information and insight on various topics of interest. They have multiple purposes and researchers can implement them in different ways depending on the chosen methodology and research objectives.

Research can be divided into her two broad categories: questionnaires and interviews. A questionnaire is typically a paper-and-pencil tool filled out by respondents. Interviews are filled out by interviewers based on information provided by respondents.

Learn more about survey brainly.com/question/14610641

#SPJ4

7 0
1 year ago
You are conducting a study to determine if a relationship exists between personality and being a successful Reality TV character
tia_tia [17]

Answer:

The correct answer is letter "D": group's altercations and group's celebrations.

Explanation:

The unit of context represents the samples that are going to be taken into consideration for research. According to those samples, it will be possible to conduct a study about a specific topic of interest for the researcher that he or she would like to expose.

In that case, analyzing the TV show characters during the group's altercations and group celebrations will allow the researcher to conduct the study.

3 0
3 years ago
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May JuneManuf
Juli2301 [7.4K]

Answer:

Total cash expense= $181,675

Explanation:

Giving the following information:

Manufacturing cost:

April= $155,800

May= $190,300

Insurance is not paid in May.

Property tax is paid in November.

Depreciation is not a cash expense.

<u>Total cash payment May:</u>

Manufacturing cost May= 190,300*0.75= 142,725

Manufacturing cost April= 155,800*0.25= 38,950

Total cash expense= $181,675

4 0
3 years ago
Dell Technologies Inc. Is an integrated IT infrastructure company that brings together hardware, software, and services. Some of
Readme [11.4K]

Answer:

the second sentence read agian

Explanation:

6 0
3 years ago
Consumer Price Index (CPI) is an
Maurinko [17]

Answer:

B

Explanation:

The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products

3 0
2 years ago
Other questions:
  • He primary objective of activity-based management is
    6·1 answer
  • Andy assumed the character of jude in order to confront the
    6·1 answer
  • Bank dealers in conversations among themselves use a shorthand notation to quote bid and ask forward prices in terms of forward
    6·1 answer
  • In July, Harry's shoes sold 8 pairs of purple crocs for $75 each. On the first day of August, he lowered the price of purple cro
    7·1 answer
  • Retained earnings, december 31, 2015 $ 313,700 cost of equipment purchased during 2016 32,000 net loss for the year ended decemb
    15·2 answers
  • Windsor Locomotive Corporation purchased for $550,000 a 40% interest in Lopez Railways, Inc. This investment enables Windsor Loc
    9·1 answer
  • Flint Suppliers reported cost of goods sold for 2017 of $880,000 and retained earnings of $1,230,000 at December 31, 2017. Flint
    6·1 answer
  • A 6 percent, annual coupon bond is currently selling at a premium and matures in 7 years. The bond was originally issued 3 years
    9·2 answers
  • Bob is shopping in Carl’s Hardware Store when a nail gun in use by Dan, one of Carl’s employees, fires without warning and hits
    14·1 answer
  • Supercircuits is a decentralized company and has a required opportunity cost of capital of 15%. The home computer division, whos
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!