question text <u>WITH </u>missing information:
After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at an APR of <em>12 percent compounded monthly</em> or from a bank at an APR of <em>13 percent compounded annually.</em> Which alternative is more attractive?
If you borrow $100 from a finance company at an APR of 9% percent compounded for year, how much do you need to payoff the loan?
Answer:
The finance company option is better as we are taking the loan we want the lower rate possible.
We need $109 to payoff the loan of $100 at 9% annualy after a whole year.
Explanation:
We solve for the effective rate of 12% compounded monthly
= 1.12682503 = 0.126825 = 12.6825%
As this rate is lower than 13% this option is better
If we take 100 dollars after a year we have to pay:
$100 x (1 + r) = 100 x (1 + 0.09) = 100 x 1.09 = $109
Answer:
The correct answer is C
Explanation:
Project scope is the one which is defined as the how the goals as well as objectives of the project are defined. This states the lists that goals, what the deliverables would be, the tasks required to make the deliverables, what the costs or expense for that would be and the deadlines. In short, it is the parameters of the whole project.
So, the one which will not be included in the planning process of the project scope is how the case of the business would be created.
Answer:
Option D, Final goods, and services produced in the United States.
Explanation:
Option D is correct because the gross national product is the value of all goods and services produced in the domestic boundary of a nation during the accounting year and all the net factor income from abroad. Since there is a lack of information regarding the net factor income from abroad in the question, so just consider the value of final goods and services produced in the domestic territory that will be part of GNP.
Answer:
A $ 50
B $ 88
C $ 50
D $ 110
E $ 30
Explanation:
Cost Selling Price Sales Cost NRV
A 50 70 14 56.0
B 90 110 22 88.0
C 50 90 18 72.0
D 110 140 28 112.0
E 30 40 8 32.0
We pick between the net realizable value and the historic cost
In all cases but B , the Cost is lower than NRV
The cost of the room in dollars is obtained by multiplying the given value with the conversion. This is shown below,
(€ 75) x ($1.298 / <span>€1)
The numerical value of the operation above is $97.35. Therefore, the answer is letter C. $97.35. </span>
