The estimated Annual Percentage Rate is 10.5%
APR means Annual Percentage Rate.
Annual Percentage Rate refers to the interest rate one pays on a loan each year.
We will use the Annual Percentage Rate(APR) Formula to derive the estimate
APR = 2nr/(n+1) where the P = $2,700, R = 7% and N = 3
In conclusion, the estimated Annual Percentage Rate is 10.5%
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Answer:
The correct answer is an attorney
Explanation:
Throughout life, multiple situations may arise in which it is necessary to have the advice of an attorney. Whether we look for it or not, there may be many circumstances that are beyond our control because we are not specialists in the field. As always, knowledge of the law plays a very important role in solving any problem, so it is necessary to ask for help from a legal adviser who advises us on how to proceed.
A professional will always guide his client in the most intelligent way, minimizing any problems or surprises that may arise afterwards. Both to solve personal problems such as a divorce, a separation or the management of an inheritance as other types of issues: financial, estate, criminal, etc.
In the business world it is also necessary to have a lawyer or legal adviser who can help us solve problems with clients, partners, suppliers and many other areas, sometimes making the lawyer even a key point in the company's strategic vision.
In addition to solving problems, a good lawyer is able to foresee what can happen and in addition to always being prepared for it, he always acts preventively to avoid all possible conflicts. In this way, the continuous advice of a lawyer is always the best asset to act both in personal and professional life with a safe step.
Answer:
PV= $18,763.56
Explanation:
Giving the following information:
Annual payment (A)= $2,374
Number of payments= 13
Discount rate (i)= 8%
<u>To calculate the present value, we need to use the following formula:</u>
<u></u>
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
PV= 2,374*{(1/0.08) - 1 / [(0.08*(1.08^13)}}
PV= $18,763.56
Answer:
Statements IV and V are correct.
- The quantity of labor supplied will increase.
- The unemployment rate will increase.
Explanation:
If the minimum wage increases then more people should be willing to work (increase in the labor supply). The problem is that if the increase is above the equilibrium level, then the quantity demanded for labor will decrease, which will in turn increase the unemployment level. Less companies will be willing to hire new employees or keep current employees.
Answer:
controlling, organizing, planning, and leading
Explanation:
Based on the scenario being described within the question it can be said that the many plans such as controlling, organizing, planning, and leading are missing from Carol's department. Such as she mentioned Carol's department has not provided any plans to teach her how to advance in her job or even controlled that her department is running efficiently. Along with not encouraging Carol to pursue advancing in the company, it seems that her department has failed in every one of these planning categories.
