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
Andrej [43]
3 years ago
12

A homeowner has a ten‑year home-improvement loan for $36,875. What are the annual payments required by the loan if the annual ra

te of interest is 4 percent

Business
1 answer:
neonofarm [45]3 years ago
4 0

Answer:

$4,546.35

Explanation:

We use the PMT formula that is to be presented in the attachment. kindly find out below:

Provided that,  

Present value = $36,875

Future value or Face value = $0

Rate = 4%

NPER = 10 years

The formula is shown below:  

= -PMT(Rate;NPER;PV;FV;type)  

So, after solving this, the annual payment required is $4,546.35

You might be interested in
What are the foundation of the case for free trade?
notka56 [123]

Answer:

the law of comparative advantage

Explanation:

6 0
3 years ago
Three examples of capital as a factor of production, and explain how it is different from land?
Morgarella [4.7K]
<span>Capital as a factor of production is defined as the tangible products made by labor.
</span>Land as a factor of production means not just the surface of the earth, but everything in the universe that wasn't created by people. This includes all natural resources, such as air, water, plants, sunlight, rocks, and minerals. 
Examples:
1) Clothes ( because you have to be clothed)
2) Milk ( you immediately want to consume it)
3) Wine ( grapes go in wine comes out) 
You don't need to use the parenthesis I just wanted to explain to help you understand. 

4 0
3 years ago
Read 2 more answers
Firms HL and LL are identical except for their financial leverage ratios and the interest rates they pay on debt. Each has $10 m
Bas_tet [7]

Answer:

0.1125 or 11.25% for each firm

Explanation:

Given that,

Each has $10 million in invested capital,

$1.5 million of EBIT

25% federal-plus-state tax bracket

ROIC for LL:

= [EBIT × (1 - tax rate)] ÷ invested capital

= [1.5 × (1 - 25%)] ÷ 10

= 0.1125 or 11.25%

ROIC for HL

= [EBIT × (1 - tax rate)] ÷ invested capital

= [1.5 × (1 - 25%)] ÷ 10

= 0.1125 or 11.25%

Therefore, the return on invested capital (ROIC) for each firm is 11.25%

6 0
3 years ago
There are often considerable differences in how projects are managed within certain firms, even if the same project management s
inn [45]

Answer is given below :

Explanation:

  • A project is a combination of different technologies and columns. Oversight and control for a project, activity monitoring and control cycle (comparison of performance criteria runs in four stages.
  • Comparison of actual and planned performance. Performance monitoring and action). Creole begins with setting performance standards, which become part of the plan.
  • Project management methods and structures provide a framework for project management in different situations - they often provide commentary for project managers.
  • Project management teams often prioritize and select the best course of action based on personality: the project manager's insight. This approach varies from one person to another and therefore has a different management approach within an organization.
  • To ensure sustainability, an organization must develop standard practices for its business sector. This ensures that managers follow the same procedure and adhere to the process.
6 0
3 years ago
Suppose Balin has $100 to invest in an opportunity that returns, for every $100 invested, $120 if it goes well but only $80 if i
iVinArrow [24]

Answer:

D) 200 percent profit; 100 percent loss.

Explanation:

There is a 50% chance that the company will make profit (20% profit) and 50% chance that it will lose money (20% loss).

Balin borrows $90 and invests $10 from his own money.

50% profit chance = $120 - $90 = $30 (200% profit)

50% loss chance = $80 - $90 = -$10 (100% loss)

4 0
3 years ago
Other questions:
  • When writing about the effects, or impact, of the 1969 moon landing, which organizational pattern would be most effective?
    8·2 answers
  • Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c
    14·1 answer
  • The three conditions that characterize difficult managerial decisions concerning resources, capabilities, and core competencies
    10·1 answer
  • A break-even analysis ________.
    8·1 answer
  • Ruth Company produces 1,000 units of a necessary component with the following costs: Direct Materials $34,000 Direct Labor 15,00
    13·1 answer
  • How will hiring you benefit our restaurant
    5·1 answer
  • The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $12,350. The bank statement indicated a balance of $
    6·1 answer
  • What is dismissal in business?​
    13·1 answer
  • Assume that John and Tina show up to a publicly funded office occupied by the incumbent that they are trying to unseat. They dec
    8·1 answer
  • If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 uni
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!