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Lina20 [59]
3 years ago
7

7. Opal Lindsay has just taken out a loan at her bank. The bank is charging her 12 percent compounded monthly. How much is Ms. L

indsay actually paying for her loan?
Business
1 answer:
guajiro [1.7K]3 years ago
3 0

Answer:

12.68250%.

Formula:

Basic formula for compound interest:

At = A0(1+r)n

where:

A0 : principal amount, or initial investment

At : amount after time t

r : interest rate

n : number of compounding periods, usually expressed in years

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Answer:

9 in Aynor and 31 in Spartanburg

Explanation:

we need to build the following:

    A              B           C

           units    COST

Aynor          9           =93 + 80*B2 + POWER(B2;2)*7

Spartanburg 31           =147 + 20*B2 + POWER(B2;2)*3

             =b2 + b3   = c2 + c3

We stablish that we want to minimize c3

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Alpha Company is looking at two different capital​ structures, one an​ all-equity firm and the other a levered firm with ​$2.52
horrorfan [7]
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4 0
3 years ago
(a) When an anti-assignment clause exists in a contract, a court will not enforce it because it is against public policy.
lidiya [134]

Answer:

a. <u>FALSE</u>

b. A contract cannot forbid the assignment of the right to receive <u>funds</u> . Assignments also cannot be restricted for the transfer of <u>real estate</u> , also called a restraint against <u>alienation</u> . A contract cannot prohibit the assignment of checks or promissory notes, also called <u>negotiable instruments</u> . The right to receive <u>damages</u> in a contract for the sale of <u>goods</u> also can be assigned, even if the contract forbids it.

4 0
3 years ago
Gouda Company and Cheddar Company had the same sales, total costs, and income from operations for the current fiscal year; yet G
Sedaia [141]

Answer:

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Assuming that Gouda is above break even point, each sale will generate a higher operating profit since the contribution margin is higher.

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That statement is true
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