When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal, this is known as the equilibrium price. Equilibrium price is the price set by a market in which the amount of products that are supplied is equal to the amount of products that are demanded.
Answer:
Ans. The quarterly payment that the friend will make on the loan is $77,188.44
Explanation:
Hi, well, if they agreed to wait for 4 years to start to pay, it doesn´t mean that interest are not accumulating, therefore, $2,852,400 will accumulate interests for 4 years and the final balance will be the amount to use in order to find the equal quartely payments, but first, let´s convert this compunded interest rate into an effective rate, that is:
Ok, now let´s get back to the waiting period, that is 4 years, it means 16 quarters, so the present value in year 4 is:
Now, he has to pay for 19 years, that is 76 quarters, and the formula to use is as follows.
And we solve for "A"
Best of luck.
Answer:
The correct option is : Overdraft fees
Answer:
A 3 digit code by NAICS represents the subsector of the type of business in America while a six digit code represents country level national industries.
Explanation:
The NAICS stands for North American Industry Classification. It is a standard used by the various federal statistical agencies to classify business for collecting, analyzing as well as publishing the statistical data which is related to the business economy of the US.
In the code of NAICS, a three digit industry is considered as a sub-industry of the two digit industry. Each of 3 digit code business are further divided into 4,5 or 6 digit code industries.
The six digit code used by NAICS is given to the national industries. It permits the firms to find the codes of their present customers and also helps them to find the code lists for the similar firms.
