Answer:
Loan forgiveness is a program in which student loans are all or partly written down, as long as a candidate fulfills certain requirements. In nations where students must finance their education with student loans, loan forgiveness programs are designed to help make college more accessible for people who are willing to do a little bit of extra work.
Answer:
r = (FV/PV)^(1/n) – 1
and
Interest is 6.05 %
Explanation:
Interest is calculated as :
r = (FV/PV)^(1/n) – 1
Thus,
The formula that can be used to calculate the interest rate is
r = ($432,000/$240,000)^(1/10) – 1
= 6.05 %
Answer: $200,000 and its economic profits were zero.
Explanation:
First and foremost, we should note that when calculating accounting profit, the implicit cost isn't taken into consideration.
Therefore, the accounting profit will be:
= Revenue - Explicit Cost
= (4000 × 300) - Explicit cost
= 1,200,000 - 1,000,000
= 200,000
Then, Economic Profit will be:
= Accounting profit - Implicit cost
= 200,000 - 200,000
=0
Therefore, its its accounting profits were $200,000 and its economic profits were zero.
Answer:
A
Explanation:
Harriet isnt their official child nor their relative.
Answer:
John is a parent-country national, whereas Henry is a host-country national.
Explanation:
-Expatriate: is a person that lives in a country that is not his/her native country.
-Parent-country national: is a person that is working in a country that is different from his/her native country but he/she has the same nationality as the company that he/she works for.
-Host-country national: is an employee that is from the country in which the company is operating.
-Third-country national: is a person that has a nationality that is different from that of the firm and from the country in which he/she is working.
-Repatriate: is a person that returns to his country of origin.
According to this, the answer is John is a parent-country national, whereas Henry is a host-country national as both are from the US but John works in London and Henry in New York.