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svetoff [14.1K]
3 years ago
14

Madison Davidson negotiated for a $30,000 loan with $200 monthly payments, plus 9 percent interest. In this case, what is the mo

nthly interest in the first month?
Business
1 answer:
Julli [10]3 years ago
4 0

Answer:

$225

Explanation:

Remember, the interest rates of a loan are spread out equally each month.

Therefore, we calculated the value of the total interest in dollars for a year:

30,000/100 x 9 = $2,700 (annual interest in dollars)

Next, we divide the annual interest in dollars by 12 to get the value from the first month:

$2700/12= $225 (First month interest in dollars)

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When the decisions of a company are very risky and low-level managers lack decision-making skills, the company will tend to
Masteriza [31]

Answer: centralization

Explanation:

When the decisions of a company are very risky and low-level managers lack decision-making skills, the company will tend to centralize.

Centralization is simply when an organizational activities especially those that has to do with decision making, planning, framing policies and strategies are all concentrated in a particular location group.

7 0
3 years ago
The demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole. This is best explained by the fact
lutik1710 [3]

Answer:

C. There are more substitutes for Cheerios than for cereals as a whole

Explanation:

Since in the question it is given that the demand for  Cheerios cereal is more price-elastic than the demand for cereals as a whole as because there are more substitutes for Cheerios as compare to cereals because in the case of substitute goods, there is a positive relationship between the price of good B and the demand of good A. It means if the price of good B decline. then the demand of good A is decreases and vice versa

6 0
3 years ago
Ford produces a wide variety of vehicles for individuals, businesses, manufacturers, and even schools. It also operates its own
Anna71 [15]

Answer: Ford has many production processes.

Explanation:

The production process for Ford is concerned with the transformation of its range of inputs into a wide variety of vehicles for individuals, firms, governments, schools etc etc that are wanted by the market.

The vision of Ford Production System is a flexible, disciplined and lean production system which involves a set of processes and principles, that employs groups of people capable and empowered to working together and learning for the achievement of the organizational goals.

Any production process consists of a series of links that are in a production chain. Since Ford has a very broad variety of vehicles, the company has many production processes.

3 0
3 years ago
Select the correct text in the passage.
Oliga [24]

Answer:

Austin plans his inventory such that he can have as large a stock of raw materials, work-in-process (WIP), and finished goods as possible. Carter plans his inventory so that the optimum quantity of raw materials, WIP, and finished goods allow for the smooth movement of  materials at each stage of production.

Explanation:

3 0
3 years ago
2. List FIVE different presentation methods that are now available to presenters and explain
Monica [59]

FIVE different presentation methods are now available to presenters.

A number of the exceptional presentation strategies, the primary ones are formal and formal. Their distinction is specifically in the fashion of your shipping and the information presentation methods. The formal presentation is pleasant desirable for the enterprise meetings or university degree, scientific displays.

  • Informative shows.
  • Instructive presentations.
  • Persuasive shows.
  • Motivational displays.
  • progress presentations.

if speakme to presentation slides, keep away from cluttering them with a lot records that no person will read them. encompass the simplest key points on the slides and intersperse images in the course of your presentation to create a hobby and connect with your target audience's senses.

Learn more about the presentation here:-brainly.com/question/24653274

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1 year ago
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