Answer:
$353.05
Explanation:
To calculate this, the loan amortization formula is employed as follwow:
P = {A × [r(1 + r)^n]} ÷ {[(1+r)^n]-1} .................................... (1)
Where,
P = Monthly required payment = ?
A = Loan amount = $7,500
r = monthly interest rate = (0.12 ÷ 12) = 0.01
n = number of payment period = 24 months
Substituting all the figures into equation (1), we have:
P = {7,500 × [0.01(1 + 0.01)^24]} ÷ {[(1 + 0.01)^24]-1} = $353.05
Therefore, the amount of monthly payments is $353.05.
That statement is False.
An Entrepreneur is a person who sets up a business or businesses, taking on financial risks in the hope of profit.
The leading cause of sources of petroleum in North America is because of the Exclusive Economic Zone. This has resulted in several petroleum companies queuing up in North America. Business wise economic zones are of high importance as they are given several facilities that are not available elsewhere.
In the case of snack corp, when the price they sell their product at is <u>below</u> the average cost of production, profits are <u>negative</u> due to<u> </u><u>negative</u> average profit.
Average profit is defined as total profit divided by performance, or total profit for each period divided by a number of periods. The formula for calculating average profit is Average Revenue - Average Cost = Average Profit.
But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high. Average profit is calculated by dividing the total profit for the year by the number of years of profit.
Learn more about Average profit here: brainly.com/question/26215194
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Answer:
app stores
Explanation:
An App Store refers to the digital storefront designed to enable the check and study of digitally offered software titles or other media for sale. Analytically, the storefront application itself offers a safe, standardized experience that simplifies the acquisition, decoding, and configuration of software packages or any other electronic media.
Usually, app stores arrange the applications they sell on the basis of: the function(s) offered by the app (including gaming, graphics or productivity), the platform the app was built for and the operating system upon which app will be working.
