<span>Credit card has slightly lower interest rate.
Let's take a look at both interest rates for 1 year and see what costs more. First, the credit card at 17% apr compounded monthly.
Each month, 17%/12 interest will be taken. The total interest over the year will be
(1 + 0.17/12)^12 = 1.183891728 times the original debt.
Now let's look at the loan from the parents. Over 1 year, you'll be accumulating 2 interest payments. The formula for the year will be
(1 + 0.09)^2 = 1.1881
Comparing the overall rate between the credit card and the parents, the credit card is slightly lower than the parents.</span>
Answer:
The answer is: $113,000
Explanation:
By 2020, Phillips Company had already amortized $22,000 of the patent expenses (2 years x [10% x ($100,000 + $10,000)]). Since it lost its patent defense in 2020, it will now have to write off $113,000 ($88,000 pending amortization + $25,000 in legal fees) for the adjustment of its 2018 income.
The fraction of the employed workers who lose their jobs each month or the rate of the job separation must be 0.07
Steady-state rate of unemployment multiply to the fraction of unemployed workers who find jobs each month.
0.125 * 0.56 = 0.07
The answer in this question is 0.07
All you have to do is multiply 20 and .40. the answer is 8
The method for improving strategic decision making involves having a separate team or individual carefully analyze and critique the underlying assumptions and potential downsides of a proposed course of action is called as Devils Advocacy.
<h3>What is Devils Advocacy?</h3>
Devils Advocacy refers to the method in which the person provokes the other person to have arguments and debate with the other. It is done to test the other person strength to make the strong arguments.
It can be done for the right decision when to correct the thinking of the other person also to have the racial approach to the situation.
Learn more about Strategic decision Making here:
brainly.com/question/5803344
#SPJ1
