Answer:
The annualy payment for theamortized loan is $6,802.44
Explanation:
First we will find the total loan payment TP for the $20,000 borrowed over the next four years with a annual return of 8%:
TP = $20,000 *(1+8%)^4
TP = $20,000 *(1.08)^4
TP = $20,000 *1.3605 = $27,209.7
The annual payments AN is obtained by dividing the TP into the 4 years:
AN = $27,209.7 / 4 = $6,802.44
Answer:
Question 1 - A parcel of vacant land located at the intersection of two streets used heavily by commuters
The parcel of vacant land could be used for building a house for domestic purposes: to be inhabited by a family or any other group of people, or it could also be used for building a commercial property (for example, a convenience shop).
Because the parcel is located at an intersection where there are many commuters, the market will likely determine that a commercial property would be more profitable, since many commuters means many potential customers.
A house, on the other hand, could not be as profitable, because people tend to dislike living in places where there are many people around.
Answer:
Explanation:
Unit level costs = $45*1000= $45,000
Add: Additional costs = $10,000
<em>Total cost $55,000</em>
Number of units 1000
cost per unit = 55,000/1000 = $55
At $55 company will be between accepting and rejecting the special order
Answer: TWENTY FIVE (25)
Explanation: NFIB (National federation of independent businesses) is an association of small businesses with members spread across the United States of America . NFIB usually collects data concerning small businesses economic trends both monthly and quarterly, since the year 1973. Through the surveys they have been able to understand the trend of survival of small Businesses which they put at 25 Small Businesses in every 100 Small Businesses. NFIB arrives at conclusions through consensus agreement among its members.