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dusya [7]
4 years ago
8

You would be making a wise decision if you chose to:________.

Business
2 answers:
Korolek [52]4 years ago
7 0

Answer:

c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.

Explanation:

In the above scenario it will be a good financial decision to choose a loan with lower effective rate than the one with lower percentage rate.

Effective rate is defined as the real interest rate on a loan or the actual amount that is to be repaid annually on a loan. It gives a truer picture of cost of borrowing money.

Percentage rate is interest paid on a loan expressed as a percentage of the total amount collected. It usually includes various fees and charges collected by the lender. So it is not a true reflection of the cost of borrowing

AlekseyPX4 years ago
5 0

Answer:

c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.

Explanation:

The effective annual rate is the actual rate of interest that you will have to paid on the loan. The effective annual rate takes into account the compounding interest over the loan's period of time.

An annual percentage rate can be either nominal (without taking compounding into account), or effective. For this reason, to make sure that you are making the most rational decision, you should take the loan with the lower effective annual rate, because the lower annual percentage rate may be either nominal or effective.

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"In the summer 2012 the lobster catch in Maine was especially large, but instead of celebrating the fisherman were suffering fro
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Answer:

Inelastic

Explanation:

The inelastic demand means the demand of the product does not vary when there is much change in the price. Let us assume that if the price is increased by 20% so the demand decreased only by 1% so here we can said there is inelastic demand

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So as per the given situation, having the large quantity caught the revenue is decreased so here the demand should be considered inelastic

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3 years ago
He utilitarian approach proposes that actions and plans should be judged by their consequences. research reveals that stakeholde
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The owner of Sherwyn's Hardware will receive a discount of 15 percent if she orders 12 or more Mandarin bird feeders from Darren
zvonat [6]

Answer:

Quantity

Explanation:

A quantity discount is a dicount that occurs or that is put in place when a least certain amount of goods is ordered or purchased.

Like the question, there is a 15% discount for at least a dozen orders of Mandarin bird feeders. If the order exceeds a dozen peices, say 13 or 14 or 50 or even a 100 pieces, the discount of 15% comes into play during payment for those feeders.

Cheers.

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Owners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract m
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Answer:

b. Zone of service

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