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Anna007 [38]
3 years ago
6

A company borrowed $40,300 cash from the bank and signed a 3-year note at 10% annual interest. The present value of an annuity f

actor for 3 years at 10% is 2.4869. The present value of a single sum factor for 3 years at 10% is .7513. The annual annuity payments equal:
Multiple Choice

$30,277.39.

$16,204.91.

$40,300.00.

$53,640.36.

$100,222.07.
Business
1 answer:
Paraphin [41]3 years ago
5 0

Answer:

$16,204.91

Explanation:

The computation of the annual payments would be equal to

= Borrowed amount from the bank ÷ present value of an annuity factor for 3 years at 10%

= $40,300 ÷ 2.4869

= $16,204.91

We simply divide the borrowed amount from the bank by the present value of an annuity factor for 3 years at 10 so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

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Alex17521 [72]

Answer:

True

Explanation:

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2 years ago
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garri49 [273]

Answer:

Short Interest and the Advance/Decline line

Explanation:

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The advance / descent line is an indicator of market breadth because it informs us of the general market movement. Similarly, when we say that it gives the same weight to all stock index values, we are saying that for the forward / down line all values ​​are equally important.

What really interests this indicator, being of market breadth, is to see if the price movement is accompanied by the movement of the indicator.

4 0
3 years ago
By Nike changing the technology in their shoe, they are taking on a role of being more socially responsible. What type of busine
Arisa [49]

Explanation:

In this case, Nike is incorporating corporate governance into its business model, which is defined as a model for managing companies using the best market practices, using transparency, equity and social and environmental responsibility as essential parameters.

Companies today are no longer perceived by society as merely profitable entities, it is a social demand that companies assist in the development of society and minimize their impacts on the environment.

When companies develop programs to support society and sustainability, it guarantees the advantages of being better positioned in the market, attracting more investors, adding more value to its products and services and gaining a strategic and competitive advantage in the market.

5 0
3 years ago
The purpose of a lease is _____.
REY [17]
The purpose of a lease is a rent. When you "lease" something, that's the business term of renting something ;-)
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tangare [24]

Answer:

She will be required to use the BIOS/UEFI to check the memory slots available and how much memory on the slots have been used up.

Explanation:

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cheers.

7 0
3 years ago
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