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valentina_108 [34]
3 years ago
10

You may use your financial calculator or present value tables for this question. Firm A leased equipment with a list price $1,21

5,800, a lease life of 20 years, an initial (down) payment of $100,000, and an annual payment of $100,000 for 19 additional periods. What is the implied lease contract interest rate

Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

$11,158 for 19yrs

Explanation:

See attached file

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Bess [88]

While both types of insurance are required, if you do not have health insurance, you will be required to pay a fee on your taxes.

FYI, while this used to be true the United States has recently removed the requirement known as the "individual mandate" for people to have health insurance or face a penalty.

6 0
3 years ago
Three-year Treasury securities currently yield 6%, while 4-year Treasury securities currently yield 6.5%. Assume that the expect
Reptile [31]

Answer:

The correct answer is 8%.

Explanation:

According to the scenario, the computation of the given data are as follows:

Let 1 year Treasury securities = t

So, Four year Treasury = [(Yield of 3 years Treasury × No. of year) + ( t × No. of  year)] ÷ Number of year

So, by putting the value, we get

6.5% = [(6% × 3) + ( t × 1)] ÷ 4

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So, the rate on 1-year Treasury securities three years from now is 8%.

4 0
3 years ago
Sally is a channel manager for the Carolina Bee Company, which offers bee
Yuliya22 [10]

Answer:

it might be B but I'm not sure

7 0
3 years ago
which describes the economic role of a worker? a buys goods and services b provides goods and services c is uninterested in good
maria [59]

Answer:  b provides goods and services

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3 0
3 years ago
Activity-based costing for a service business
shtirl [24]

Answer:

a. $56

b. $95

Explanation:

The computation is shown below:

a, The total monthly activity-based cost for Corner Cleaners Inc is

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= $42 + $12 + $2

= $56

b  the total activity-based cost for Campbell’s visit i

= $8 × 1 + $25 × 3 + $4 × $3

= $8 + $75 + $12

= $95

Hence, the same should be considered and relevant

3 0
3 years ago
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