The present value of cash flow will be greater if we compound less frequently holding the stated interest rate constant. true
<h3>What is
interest rate constant?</h3>
A proportion that compares a loan's annual debt service to the sum of its principal is known as a loan constant. The annual debt service is divided by the total loan amount to determine a loan constant. Borrowers can compare the loan constants of several loans when looking for a loan before choosing one. The loan with the lowest loan constant will have reduced debt service obligations, resulting in a shorter length of time during which the borrower will pay less in interest and principal. Only loans with fixed interest rates are subject to loan constants; loans with variable interest rates are not.
A loan constant is a ratio that illustrates the annual debt service of a loan in relation to the entire loan principal.
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Answer:
Hence,
the amount paid by the Stephanie = $410
The amount covered by PPO = $440
Explanation:
Given:
Percent covered by the insurance = 80%
Annual deductible = $300
Total emergency room bill = $850
Now,
The Coinsurance expenses = Total expenses − Annual deductible
or
The Coinsurance expenses = $850 - $300 = $550
The amount covered by PPO
= Percent covered × Coinsurance expenses
= 0.80 × $550 = $440
Therefore,
the amount paid by the Stephanie
= Annual deductible + (Coinsurance expenses - amount covered by PPO)
= $300 + $550 - $440 = $410
Hence,
the amount paid by the Stephanie = $410
The amount covered by PPO = $440
Answer:
option (b) $69,768
Explanation:
Data provided in question:
Estimated manufacturing overhead = $73,440
Estimated machine-hours = 1,800
Actual manufacturing overhead = $68,700
Actual machine-hours = 1,710
now,
The predetermined overhead rate =
or
The predetermined overhead rate =
or
The predetermined overhead rate = $40.8 per hour
Therefore,
The applied manufacturing overhead for the year
= Actual machine-hours × predetermined overhead rate
= 1,710 × $40.8
= $69,768
Hence,
the correct answer is option (b) $69,768
Answer:
No
Explanation:
Although the Fiscal policy includes the detail of government revenue collection and its spending and military budget is allocated in the budget as part of the policy, however after the incident of 9/11, the increase in military spending (including spending on wars in Iraq and Afghanistan) was designed to achieve homeland security objectives.
White House designated the Office of Homeland Security to oversee and coordinate a comprehensive national strategy to safeguard the country against terrorism and respond to any future attacks.
The correct answer is false