Answer:
4 millions
Explanation:
First, we will check how much was amortizate for the first loan:
Principal 100 million
on 10 equal payment
amortization per year 100/10 = 10 millions
we refinance at the end of the fourth installment
10 x 4 = 40 millions
The principal at the end of year four:
Principal 100 millions - 40 millions = 60 millions
This amount will be paid on 15 years with 15 equal payment
60 million / 15 years = 4 millions
Fed can <u>purchase</u> government bonds or it can <u>extend</u> discount loans to commercial banks.
The Fed creates cash via buying securities on the open marketplace and including the corresponding funds to the financial institution reserves of commercial banks. Banks then grow the money deliver in flow even extra by using making loans to consumers and agencies.
One manner to increase a bank's amount of required reserves is to: increase deposits. One reason why banks are required to deposit a minimal quantity of reserves on the Federal Reserve is so that: the Federal Reserve can manipulate the capacity of banks to lend cash to others.
The term commercial bank refers to a financial group that accepts deposits, gives checking account offerings, makes various loans, and gives fundamental financial products like certificates of deposit (CDs) and financial savings accounts to individuals and small organizations.
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Answer:
The financial advantage is $ 14 per batch
Explanation:
The computation of the financial advantage or disadvantage is as follows:
Particulars Cane Fiber Cane Juice
Sales Value after further processing $61 $67
Less:
Costs of further processing $13 $28
Benefit of Further processing $48 $39
Less : Sales value at split off point $29 $40
Net advantage (disadvantage) $19 ($1)
Now
Revenue
Industrial Fiber $61
Refined Sugar $67
Total revenue $128
Less : Expenses
Purchases from Framers $60
Crushing Costs $13
Processing fiber further $13
processing juice further $28
Total Expenses $114
Net profit from one batch $14
Hence, The financial advantage is $ 14 per batch
Answer:
<em><u>Seasonal vegetables are those vegetables that can not adjust all kind of temperatures.</u></em> The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter season.
Answer:
Local incentive
Explanation:
Local incentives can be described as economic development incentives like cash and near cash assistance that are provided by the government of a country or state in order to retain current businesses and also to attract new businesses.
These incentives are usually in for of tax breaks, training of workers, infrastructural development, etc.
In the question, Georgia state spending of $24 million to purchase the property and an additional $36 million to prepare the site specifically for DaimlerChrysler are examples of local incentive offered to DaimlerChrysler.
Therefore, the correct answer to fill in the gap is local incentive, we have:
The <u>Local incentive</u> offered was not enough to convince DaimlerChrysler that the Georgia site was a good location for its factory.