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alekssr [168]
4 years ago
12

Lynn Ally, owner of a local Subway shop, loaned $40,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Ly

nn at the end of 8 years with 6% interest compounded semiannually. How much will Lynn receive at the end of 8 years?
Business
2 answers:
Juliette [100K]4 years ago
8 0

Answer:

Lynn will receive $63,754 at the end of 8 years.

Explanation:

Future value is the sum of value of principal invested and compounded return received over the investment period.

Using following formula of future value to calculate the required interest rate.

FV  = PV x ( 1 + r )^n

PV  = Present value = $40,000

n = number of years = 8 years

r = Interest rate = 6%

FV = Future value = ?

FV  = $40,000 x ( 1 + 6% )^8 = $63,754

tester [92]4 years ago
5 0

Lynn Ally owner of a Subway shop, loaned $40,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn at the end of 8 years with 6% interest compounded semiannually. How much will Lynn receive at the end of 8 years?

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Goods or services in standard-cycle markets reflect: a. numerous first-mover advantages. b. organizations that serve a mass mark
kogti [31]

Answer:

Option b.

Explanation:

In standard cycle, competitive actions are designed to serve large market shares, to gain customer loyalty and to control the firm's operations which in turn provide the same positive experience to customers.

Goods or services in standard-cycle markets reflect <u>organizations that serve a mass market.</u>

Standard-cycle markets refer to the markets where the firm's competitive advantages are shielded from imitation such that those advantages can be sustained longer but for a shorter period.

These advantages can be sustained for longer period in a slow-cycle market  than in fast-cycle markets.

Competitive advantages are sustainable in slow-cycle as these are shielded from imitation for longer periods of time such that imitation is costly.

Option b. is correct

5 0
3 years ago
A balanced scorecard for measuring company performance: Select one: a. Balances the drive for profits with social responsibility
Aleks04 [339]

Answer:

b. Entails striking a balance between financial objectives and strategic objectives

Explanation:

The balance score card is the score card that reflects the performance trend from which the organization will be able to take the acts, decisions accordingly.

This may implement measures for financial as well as strategic. The financial could be in terms of income, past performance, solvency, equity, repayment, etc. While the strategic could be in terms of objectives, setting targets and goals so that the business organisation could able to achieve within their prescribed time

4 0
4 years ago
When an inspection is conducted in your workplace, you have certain rights. What are these rights?
Nady [450]
<span>When an inspection is conducted in your workplace, you have certain rights. </span>Have a worker representative accompany an inspector on an inspection, find out about inspection results and abatement measures, and object to the date set for a violation to be corrected.  If an OSHA inspection is conducted in your workplace, you have the right to have your representative accompany the inspector on the inspection. You also have the right to talk to the inspector privately. You also have the right to find out about inspection results and abatement measures, and get involved in any meetings or hearings related to the inspection. You may also object to the date set for the violation to be corrected and be notified if the employer files a contest.
7 0
4 years ago
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A loan officer states, "Thousands of dollars can be saved by switching to a 15-year mortgage from a 30-year mortgage." Calculate
Lynna [10]

Answer:

$113,465

Explanation:

Calculation to determine difference in total dollars that will be paid to the lender under each loan

First step is to Calculate the difference in payments on a 30-year mortgage at an interest rate of .75% a month

$100,000 = PMT([1 / (0.0075)] − 1 / {(0.0075)[(1.0075)]^30 × 12})

PMT = $804.62

Second step is to Calculate the difference in payments on a 15-year mortgage at an interest rate of .7% a month

$100,000 = PMT([1 / (0.007)] − 1 / {(0.007 )[ 1.007)]^15 × 12})

PMT = $ 978.87

Now let determine the Total difference

Total difference = ($804.62 × 12 × 30) − ($978.87 × 12 × 15)

Total difference= $113,465

Therefore difference in total dollars that will be paid to the lender under each loan is $113,465

6 0
3 years ago
Which of the following sectors should be restructured?
Marianna [84]
I really don’t know
6 0
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