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igor_vitrenko [27]
4 years ago
15

You have a loan outstanding. It requires making 3 annual payments of $1000 each at the end of 3 the next years. Your bank has of

fered to restructure the loan so that instead of making the 3 payments as originally​ agreed, you will make only one final payment in 3 years. If the interest rate on the loan is 5%​, what final payment will the bank require you to make so that it is indifferent to the two forms of​ payment? The final payment the bank will require you to make is? ​(Round to the nearest​dollar.)

Business
1 answer:
GaryK [48]4 years ago
6 0

Answer: $3,153

Explanation:

The amount that will make you indifferent is the future value of the 3 payments at the end of those 3 years at 5%.

Future value of Annuity = Annuity * Future Value interest factor, 3 years, 5%

= 1,000 * 3.1525

= $3,153

Bank will require a final payment of $3,153 for you to be indifferent.

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)An investor is trying to decide between a muni paying 5.75 percent or an equivalent taxablecorporate paying 8.25 percent. What
In-s [12.5K]

Answer: 30.3%

Explanation:

Because taxes are not paid on municipal bond interest, their interest rates are usually lower with the difference accounting for the taxes paid.

For a municipal bond to be similar to a corporate bond, the tax rate must be such that it makes them equal:

Municipal bond return = Corporate bond return * (1  - tax rate)

5.75% = 8.25% * (1 - tax)

1 - tax rate = 5.75% / 8.25%

1 = 0.6969697 + Tax rate

Tax rate = 1 - 0.6969697

= 30.3%

4 0
3 years ago
you are forming a new company that delivers food to residents across college campuses. the primary focus is
Rus_ich [418]

Answer:

your primary focus should be on making sure that your system works

Explanation:

When doing this your primary focus should be on making sure that your system works. Meaning that you need to make sure that you have all of the necessary equipment to get the deliveries out on time and everything worked out so that you can assure customer satisfaction. Otherwise, customers will begin to review your company badly and as dysfunctional, which will destroy your business before it can even get started.

3 0
3 years ago
Yum Yum Ice Cream Shoppe provides each employee with a clean, sharp-looking uniform. It also instructs employees to keep the wor
krok68 [10]

Tangibles

hope this helps! :)

7 0
3 years ago
A label on foods prepared and packaged onsite for retail sales must list which information?
kari74 [83]

It must have a <u>list of all ingredients used</u> in descending order by weight

<h3>What is Ingredient Label?</h3>

Ingredient labels are placed on the product or its packaging and provide us with information about the components of the product we are using or ingesting. By observing the sequence in which the ingredients are listed, we can determine how much of a certain ingredient comprises the final result. The order of the ingredients on a product's ingredient list must be based on weight or concentration, with the highest amount appearing first.

Take the ingredient list for a food item like potato chips as an example. Typically, "potatoes" will be put first because they make up the majority of the product. Probably next on the list will be "vegetable oil (sunflower, corn, and/or canola oil)," which is the least common item but boosts flavor in this situation.

Therefore, A label on foods prepared and packaged onsite for retail sales must  <u>list all ingredients used</u> in descending order by weight

For more information on the Ingredient list, refer to the following link:

brainly.com/question/2368262

#SPJ4

5 0
2 years ago
Race entered into a written contract to sell a parcel of land to Lark for $150,000. At the time the agreement was executed, Race
k0ka [10]

Answer:

<em>Voidable at Race's option. </em>

Explanation:

If the individual was so<em> impaired at the time the contract was created that the individual was unable to comprehend what he or she was doing, a person could dis-affirm or revoke.</em>

Because the ability of Race to understand the true nature or conditions of the contract has been substantially compromised, Race (Race will dis-affirm) has voidable the contract.

4 0
3 years ago
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