What is one reason why a business may want to move entirely online?

Your trip to was great, but it unfortunately ran a bit over budget. However, you just received an offer in the mail to transfer

serg [7]

Answer:

with the new rate we will pay in 58 months.

if there is 2% commision charge: 59.35 = 60 months

Explanation:

Currently we owe 10,000

This will be transfer to a new credit card with a rate of 6.2%

We are going to do monthly payment of 200 dollars each month

and we need to know the time it will take to pay the loan:

We use the formula for ordinary annuity and solve for time:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $200.00

time n

rate 0.005166667 (6.2% rate divide into 12 months)

PV $10,000.0000

$200 \times \frac{1-(1+0.0051667)^{-n} }{0.0051667} = 10000\\$

We arrenge the formula and solve as muhc as we can:

$(1+0.0051667)^{-n}= 1-\frac{10000\times0.0051667}{200}$

$(1+0.0051667)^{-n}= 0.74166667$

Now, we use logarithmics properties to solve for time:

$-n= \frac{log0.741667}{log(1+0.0051667)$

-57.99227477 = 58 months

part B

If there is a charge of 2% then Principal = 10,000 x 102% = 10,200

we use that in the formula and solve:

$(1+0.0051667)^{-n}= 1-\frac{10200\times0.0051667}{200}$

$(1+0.0051667)^{-n}=0.73650000$

$-n= \frac{log0.7365}{log(1+0.0051667)$

-59.34880001 = 59.35 months

6 0

3 years ago

Consider the following financial statement for Heir Jordan Corporation. HEIR JORDAN CORPORATION Income Statement Sales $ 48,500

sp2606 [1]

Answer:

HEIR JORDAN CORPORATION

Income Statement

Sales $ 48,500 * 120%....................58,200

Costs 34,500 * 120%........................41,400

Taxable income $ 14,000...............16,800

Taxes (35%) 4,900 ...........................5,880

Net income $ 9,100 ........................10,920

Dividends $ 2,900 ..(31.87%)..........3,480

Former Addition to retained earnings 6,200

New Addition to retained earnings 7,440

Explanation:

Consider the following financial statement for Heir Jordan Corporation.

HEIR JORDAN CORPORATION

Income Statement

Sales $ 48,500 * 120%....................58,200

Costs 34,500 * 120%........................41,400

Taxable income $ 14,000...............16,800

Taxes (35%) 4,900 ...........................5,880

Net income $ 9,100 ........................10,920

Dividends $ 2,900 ..(31.87%)..........3,480

Former Addition to retained earnings 6,200

New Addition to retained earnings 7,440

Pay out ratio is 31.87% of Net income which is derived by Dividends/Net Income

4 0

3 years ago

Ethan considered three important attributes when deciding where he would do his banking: the convenience of the location, hours

sineoko [7]

Answer:

c. evaluative criteria 

Explanation:

Evaluative criteria are when a consumer chooses a different product because of factors like value, cost, and functionality from the one they initially had in mind.

It could take a little while for certain consumers to study and explore different goods before they purchase.

While some, just before they purchase, can make the decision automatically.

4 0

3 years ago

The best way to research an expensive product is to? A. Visit multiple company websites B. Watch many television commercials C.

uysha [10]

All of them are good options, but I would say that D would be the most practical. This is because you’re able to find a large amount of information about a product and view its uses in your situation without paying the cost of the actual product itself.

5 0

3 years ago

Read 2 more answers

The government of Diarmina recently passed a law that requires foreign companies to partner with Diarminian companies if they wa

baherus [9]

Answer:

C) policy uncertainty

Explanation:

Policy uncertainty is the class of economic risks associated with the irregular economic policy of a particular country's government. Policy uncertainty discourages investment and increases the investment risk factor of the economy.
This can come from the regime's volatile and unpredictable monetary or fiscal policy or unpredictable regulatory framework.

so correct answer is C) policy uncertainty

5 0

3 years ago