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lawyer [7]
3 years ago
8

On january 1, 2013 the minton company borrowed $162,000 cash from hometown bank by issuing a five-year 8% term note. the princip

al and interest are repaid by making annual payments beginning on december 31, 2013. the annual payment on the loan based on the present value of annuity factor would be $40,575. the amount of principal repayment included in the december 31, 2013 payment is:
Business
1 answer:
dem82 [27]3 years ago
6 0
<span>The amount of principal repayment included in the December 31, 2013 payment is $50, 575. In order to get the principal repayment, the different repayments should be divided with the amount of interest. The principal repayment is separated into two parts.</span>
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Gala2k [10]

Answer:

The correct answer is B

Explanation:

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So, the first and the foremost decision which a manager need to take in this system is to design or create the structure as well as the strategy of the sales force.

7 0
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3 years ago
Which of the following statements regarding horizontal analysis is not true? Multiple Choice a.Percentage analysis involves comp
dalvyx [7]

Answer:

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4 0
3 years ago
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hodyreva [135]

Answer:

<u>(D) ​inventory obsolescence</u>

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