Answer:
The lower rate is when you put it into your credit card.
Explanation:
Credit card: rate = (1 + 15%/12)^12 - 1
EAR = 16.08%
Parents loan = ( 1 + 8%)^2 - 1
EAR parents = 16.64%
Therefore, The lower rate is when you put it into your credit card.
Answer:
His payments are $64.63 every week.
Explanation:
P = Regular Payments = ?
PV = Loan Amount = $16,400
r = rate of interest = 10.99%
n = no of periods = 7 = 364
P = [r (PV)
] / [1 - (1 + r )^-n]
P = (10.99%/52)*16400 / 1 - [1 / (1 + 10.99%/52)^364)]
P = 34.66076923 / 1 - [1 / 2.156503587]
P = 34.66076923 / 0.53628642
P = 64.63107760588
P ≈ $64.63 weekly
Answer:
The resulting CA percentage for the week to the nearest number is 94%
Explanation:
CA refers to Commitment Adherence.
Commitment Adherence (CA) is a way to calculate the reliability of an employee in relation to how much time they put into their work.
Put differently, it is a mathematical comparison between how much time you stated that you were going to work versus the actual amount worked. This concept is prevalent with people who use clock-in and clock-out system to measure productivity.
Step 1
The formula for calculating Commitment Adherence (CA) is:
(Serviced Minutes - Excused Non-Serviced Minutes) / (Posted Minutes + Released Minutes)
When you log out at about 5 minutes early it translates to 83% because each interval is 30 minutes. So 23/30 = 83%
Step 2
There are 8 intervals. 5 of them are 100% each. Thus total intervals for the week equal
(5*100%)+(3*83%) =
7.49 *30 = 224.7
Total number of intervals selected =
8*30 = 240
Therefore commitment adherence = 224.7/240
= 0.94%
Cheers!
Answer:
I. easily convey the return for each dollar invested.
Explanation:
Percentage of returns is used to explain the return on an investment relative to the amount invested.
It can also be called a return on investment (ROI). Return on investements is always expressed as percentages or ration and is usually calculated with formula
ROI = <u> Current Value of Investment−Cost of Investment</u> × 100%
Cost of Investment
Cheers.
Answer:
$36.65
Explanation:
D1 = D*(1+g)
D1 = 1.8*(1+0.12)
D1 = 1.8(1.12)
D1 = $2.016
Price of stock P = D1 / (re - g)
Price of stock P = $2.016 / (0.175 - 0.12)
Price of stock P = $2.016 / 0.055
Price of stock P = $36.654545
Price of stock P = $36.65
So, $36.65 is the most that i will be willing to pay for the common stock if i am to purchase it today.
