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
faltersainse [42]
3 years ago
14

Al's obtained a discount loan of $78,500 today that requires a repayment of $98,000, 3 years from today. What is the APR

Business
2 answers:
Andrei [34K]3 years ago
8 0

Answer:

R = 8.2803%

Rounded: 8%

Explanation:

Solving our equation:

r = (1/3)(98000/78500) - 1) = 0.08280255

r = 0.08280255

Converting r (decimal) to R a percentage

R = 0.08280255 * 100

= 8.2803%

Hope this helped! :D

kondor19780726 [428]3 years ago
6 0
R= 1/3 open bracket ( 98000/98500) -1)
R=0.8280255
0.8280255 x 100

=8.82803%
You might be interested in
Tasteequik Food markets one line of food products to consumers looking for meals that are very simple and quick to prepare. Tast
Stolb23 [73]

Answer:

Letter A is correct. <u>Benefit segmentation.</u>

Explanation:

Benefit segmentation is a marketing strategy that consists of dividing your audience according to the benefits or advantages perceived by the consumer when purchasing a product or service. Segmentation can occur according to various variables such as performance, customer service, special features, quality, and more.

There are several benefits added to this benefit segmentation strategy, especially the conversion of interest in the product or service into new customers, as well as customer retention and satisfaction.

To be successful and achieve the benefits described, segmentation must be designed and targeted to create marketing and advertising that engages the customer and assists in building brand value.

4 0
3 years ago
Assume that Thomas can afford to buy as many candy bars and ice cream cones as he wants. He would continue to consume both candy
deff fn [24]

Answer:

Marginal utility of each becomes negative

Explanation:

Utility is defined as the level of satisfaction that a person gets from consuming a product.

The person keeps on consuming the item until the level of marginal utility for the product becomes less than zero.

That is there is no satisfaction anymore in consuming the product.

In the given instance Thomas will continue to consume both candy bars and ice cream until the level of satisfaction (marginal utility) is now less than zero or negative

3 0
3 years ago
Please help!! URGENT! Question &amp; answers in photo
FinnZ [79.3K]

Answer:

its black? or is it just mine

Explanation:

8 0
3 years ago
Read 2 more answers
Holly's is currently an all-equity firm that has 12,000 shares of stock outstanding at a market price of $36 a share. The firm h
vagabundo [1.1K]

Answer:

$31,104

Explanation:

EBIT / 12,000

= [EBIT - ($120,000 × .072)] / [12,000 - ($120,000 / $36)]

EBIT = $31,104

Therefore the minimum level of earnings before interest and taxes that the firm is expecting will be $31,104

8 0
4 years ago
The plan for how the government will raise and spend money is known as the A. federal treasury. B. spending plan. C. Federal Res
Klio2033 [76]
I believe the answer is d., the federal budget.
4 0
4 years ago
Other questions:
  • Each year statistics are published giving the number of persons killed in highway accidents in the u.s.a. the total for last yea
    12·1 answer
  • Development may be inhibited in command economies because..
    12·1 answer
  • The intersection of the demand for loanable funds and the supply of loanable funds determines the A) prevailing interest rate B)
    6·2 answers
  • Marigold Corp. includes one coupon in each bag of dog food it sells. In return for eight coupons, customers receive a leash. The
    12·1 answer
  • If a consumer requests additional information concerning an investigative consumer report, how long does the insurer or reportin
    9·1 answer
  • Each of the following is correct regarding treasury stock except that it has been
    5·1 answer
  • Prepare the issuer's journal entry for each of the following separate transactions.
    8·1 answer
  • What is one specific requirement of a negotiable instrument?
    9·1 answer
  • The normal distribution is an appropriate model​ of: A. system reliability where components are connected in parallel. B. the fu
    11·1 answer
  • Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the fir
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!