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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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81. After the secondary guaranteed rate expires, some contracts contain a bailout
igor_vitrenko [27]
75% is the best answer
3 0
3 years ago
Suppose that a monopolist sells a product to men and women. If the firm sets a single price, the monopolist would produce 100,00
matrenka [14]

Answer:

Monopolist can charge a higher price from women.

Explanation:

A monopolist is producing 100,000 units of a product.  

The price of the product is $5 per unit.  

The price elasticity of demand for men at this price is -3.5.

The price elasticity for women, on the other hand, is -0.8.

This means that the men have a relatively elastic demand for the product. While on the other hand, women have relatively inelastic demand. This implies that if the price is increased the demand from women will not change by a greater proportion.  

While demand from men can change to a greater proportion because of a change in price.  

In this situation, the firm can charge a higher price from women. This is an example of third-degree price discrimination.

3 0
3 years ago
If economic activity increases, it follows that economic welfare:
grigory [225]
Probably goes either way 
7 0
3 years ago
A program trade is:_________. A. a trade of 10,000 (or more) shares of a stock. B. a trade of many shares of one stock for one o
neonofarm [45]

Answer:

The answer is: D

Explanation:

Program trading is the use of computer programs or algorithms to trade a portfolio of stocks at a high frequency and in large numbers. These algorithms, essentially 'machine traders', are created  to make trades on behalf of humans and are anticipated to have more precision and speed than human traders. However, these trades are created, monitored and analysed by human traders. The New York Stock Exchange classifies the coordinated trading of a group of 15 or more stocks with a combined market value of $1, 000, 000 as program trading.

6 0
3 years ago
At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $175,000; Total Liabilit
Ne4ueva [31]

Answer:

$88,000

Explanation:

The computation of the ending balance of the retained earning balance is shown below:

As we know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

where,

net income is

= Revenues - expenses

= $50,500 - $33,000

= $17,500

And, the other items values would remain the same

So, the ending balance is

= $92,500 + $17,500 - $22,000

= $88,000

7 0
3 years ago
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