Answer:
The agreement is offering an implied interest rate of 10.16%.
Explanation:
Matthew borrowed $2,587.09 from his friend, but he will return $2,850, as 950 x 3 = 2,850.
Therefore, there is an excedent of $262.91, which constitutes an implied interest on the payment of the loan.
As 2,587.09 is the 100% of the loan, we have to know the percent that 262.91 represents in order to know the interest rate. We can know it by using a crossed multiplication:
2,587.09 = 100
262.91 = X
(262.91 x 100) / 2,587.09 = X
26,291 / 2,587.09 = X
10.16 = X
Therefore, the implied interest rate in this loan is of 10.16%.
One can conclude based on these goals that changes in the social and economic environment determine the goals of labor in a given period.
<h3>What are labor unions?</h3>
These are those unions that are created to see that the conditions of employees are good in a nation.
They are responsible for speaking on behalf of employees in terms of work conditions and pay.
Read more on labor unions here:brainly.com/question/881501
Answer: $10095
Explanation:
First, we'll calculate the present value which will be:
= 600/(1+5%) + 600/(1+5%)² + 10000/(1+5%)²
= 600/(1+0.05) + 600/(1+0.05)² + 10000/(1+0.05)²
= 600/(1.05) + 600/1.1025 + 10000/1.1025
= 571.43 + 544.22 + 9070.30
= 10185.95
Then, we'll deduct the first coupon gotten. Thai will be:
= 10185.95 - 571.43
= 9614.52
Then, the price that Sydney will receive for his bond if newly issued will be:
= $9614.52 × (1+5%)
= $9614.52 × 1.05
= $10095
Answer:
Hello,
this question above appears to be missing options from which one is to select from. In the absence of those, an alternative approach would suffice.
When considering sources for research, Maria should take she must consider sources that meet the following requirements:
- Depth
- Objectivity
- Currency of Source
- Authority
- Purpose
Explanation:
- Depth: A source with just a simple cursory overview may not suffice. It is pertinent to elect a source that treats the subject matter in sufficient depth and which uses data to support its position on the topic she is researching
- Objectivity: If any source takes a biased position on the topic Maria is researching, then it is not a good source. Maria wants to ensure that the author of the source has not taken a position that does not have a balanced view. If any source is not properly cited it should not count.
- The currency of source: Simple logic requires that a source that is more up-to-date should be preferred above one that is dated. The rule of thumb requires that where possible, sources cited should not be older than 3 years.
- Authoritative: The more qualified an Author is in the field under consideration, the more reputable the company it works for, the more authoritative that source is considered to be
- Purpose: Sometimes a text may contain several sub-topics which build up to buttress its primary purpose. Sometimes, these sub-topics may deviate slightly from the main topic. To cite from the sub-topics because it aligns with her work would be a mistake on Maria's part. For example, if she cites from a research proposal whose main topic is Photo Journalism in the Wild West, but which references or the importance of social media in one of its paragraphs, that citation would not be considered adequate because the purpose of the main body is not specific to her work.
Cheers
