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Lina20 [59]
3 years ago
12

A house and lot can be acquired by a down payment of P338,458 and a yearly payment of P71,335 at the end of each year for a peri

od of 28 years. If money is worth 11% compounded annually, what is the cash price (in peso) of the property?
Business
1 answer:
kotykmax [81]3 years ago
7 0

Answer:

P952,054.69

Explanation:

The present value of a property with a down payment 'D' and an annuity 'A', payed over a period of 'n' years at a rate 'i' is:

P = D +A*\frac{1-(1+i)^{-n}}{i} \\

If D = 338,458; A = 71,335; n= 28 and i = 11%:

P = 338,458 +71,335*\frac{1-(1+0.11)^{-28}}{0.11}\\P=952,054.69

The cash price (in peso) of the property is P952,054.69.

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A profit-maximizing firm in a competitive market that is producing on a production curve where the marginal product of labor is
wlad13 [49]

Answer: A. a downward-sloping labor demand curve.

Explanation:

If the marginal product of labor is diminishing then that means that for every extra worker hired, less products are made than the last worker. As a result of this, companies will not want to pay high wages to workers because they would be bringing in less revenue when hired.

This will cause a downward-sloping labor demand curve that shows that as more workers are hired, the company would like to pay less wages because each new worker is only producing less than the last worker.

8 0
3 years ago
On July 1, Year 4, Pell Co. purchased Green Corp. 10-year, 8% bonds with a face amount of $500,000 for $420,000. The bonds are c
gayaneshka [121]

Answer:

$21,800

Explanation:

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= $500,000 × 8% × 1 ÷ 2

= $20,000

Interest Revenue = Bond Income + Amount of Discount Amortized

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Therefore for computing the interest revenue we simply bond income with the amount of discount amortized.

6 0
3 years ago
Briefly list and discuss two problems that a purchasing department sometimes has in meeting objectives.
Zielflug [23.3K]
A purchasing department may have difficulty getting a product quickly as it may not be readily available so may have to wait for it and also, there may be a problem getting a product at a  reasonable price which means the purchaser would have to search elsewhere for it which could take time.
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3 years ago
Read 2 more answers
What term can be used to describe the situation where your fixed and variable expenses are higher than your net income.(1 point)
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The term that describes the situation where <em>fixed and variable </em><em>expenses</em><em> are higher than</em> net income is <em>D. dissaving.</em>

Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.

Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.

Thus, dissaving means negative saving or <em>spending more than income.</em>

Learn more: brainly.com/question/13954775

8 0
2 years ago
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lorasvet [3.4K]

Answer:

The correct answer is  Generalizability.

Explanation:

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