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Liula [17]
3 years ago
11

Apple Bank makes a loan to Harry at 12.5 percent per year to be repaid by level annual payments for t years. Exactly one year be

fore the loan is to be terminated, Harry notices that the decrease in outstanding loan balance since he took out the loan is 18,027.36. Harry's last payment contains 461.58 in interest paid. a. Find the principal paid in the second payment. b. Find the total interest paid in the first three years c. Exactly what was the term of Harry's loan? d. Find OLB
Business
1 answer:
Stels [109]3 years ago
7 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variab
matrenka [14]

Answer:

$3,762

Explanation:

The computation is as seen below

Total cost when the production is 9,900 units

Direct materials $8,316

Direct labor $11,187

Variable overhead $12,474

Total $31,977

But,

Their new cost on supplier offer is

= $2.85 × 9,900 units

= $28,215

In the case when the order is accepted, the net income would increase by

= $31,977 - $28,215

= $3,762

5 0
3 years ago
Larger financial institutions now offer a wide range of services under one roof, from banking to stock trading. These institutio
Sholpan [36]

Answer:

The correct answer is E. Share of customer.

Explanation:

Customer participation reflects the way in which customers take part in the process and the degree to which they participate. It is especially important for many service processes, particularly if the contact with the customer is (or should be) high. A good starting point to increase customer participation is to make the process more visible to the customer. Allowing customers to see what normally remains hidden from their view is part of Harvey’s service design, a Canadian chain of fast food restaurants. There you can see the workers in a sanitary and orderly workplace roasting the meat, and one can choose the type of additional ingredients you want. An even bolder step is to allow customers to participate in selected backroom processes, in order to turn them into shown processes.

5 0
3 years ago
Mario's is a pizza and pasta producer that experiences increasing opportunity cost. (a) Draw a production possibilities frontier
Bad White [126]

Answer:

(in the graph)

Explanation:

The PPF will show how Mario can only do as much of pizza and pasta and there is a certain point at which producing additional units of pasta or pizza comes at the cost of resinging a unit of the other good.

The points over the line and below the lien are attainable.

While those above the frontier are unattainable for Mario's current factor disposition.

3 0
3 years ago
If you were marketing a product to a particular target market and you only knew the demographic characteristics, what product be
Monica [59]

The product benefits to be highlighted in the marketing based on demographic characteristics are

  • beneficial to particular age
  • beneficial to particular working class
  • beneficial to particular gender etc

<h3>What is the demographic segmentation?</h3>

In marketing, this refers to the segmenting of customers according to gender, age, ethnicity, family size, religion etc.

The use of demographic segmentation in marketing helps to provide the needs and want to consumers based on the demograph gathered from them.

Read more about demographic segmentation

<em>brainly.com/question/15595503</em>

#SPJ1

8 0
2 years ago
On January 1, Miami Gold Exchange paid cash of $64,800 for computers that are expected to remain useful for six years. At the en
Dmitry_Shevchenko [17]

Answer: See explanation

Explanation:

The amount of depreciation for the month of January using the straight line depreciation method will be:

= (Cost - Salvage Value) / Life of Assets / 12 Months

= ($64,800 - $0) / 6 Years / 12 Months

= $10800/12

= $900 per month

The adjusting entry for depreciation on January 31 will be:

Dr Depreciation Expense - Computer Equipment $900

Cr Accumulated Depreciation-Computer Equipment $900

(To record the depreciation expense)

4 0
2 years ago
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