1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iris [78.8K]
2 years ago
12

Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. Bank F charges an interest rate of 5.

7%, compounded monthly, and requires that the loan be paid off in eight years. Bank G charges an interest rate of 6.2%, compounded monthly, and requires that the loan be paid off in seven years. How would you recommend that Yvette choose her loan?
a.
Bank F offers a better loan in every regard, so Yvette should choose it over Bank G’s.
b.
Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
c.
Yvette should choose Bank G’s loan if she cares more about lower monthly payments, and she should choose Bank F’s loan if she cares more about the lowest lifetime cost.
d.
Bank G offers a better loan in every regard, so Yvette should choose it over Bank F’s.
Business
1 answer:
Akimi4 [234]2 years ago
4 0
A interest rates is lower payments lower cost over all is lower based ion rate.<span />
You might be interested in
A company pays its employees $3,850 each Friday, which amounts to $770 per day for the five-day workweek that begins on Monday.
liq [111]

Answer:

$3080

Explanation:

Calculation to determine what the amount of salaries earned but unpaid at the end of the accounting period is:

Salaries earned but unpaid at the end of the accounting period =3850-$770

Salaries earned but unpaid at the end of the accounting period =$3080

3 0
2 years ago
Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs
otez555 [7]
Areas set up to attract foreign investments by allowing the importation of raw and intermediate materials without paying tariffs are called "duty-free zones".
4 0
3 years ago
Based on the Management in Action case, if an employee asks Korey for time off to take care of a sick child, Korey may believe t
yaroslaw [1]

Korey's perceptual bias is the fundamental attribution.

Fundamental attribution occurs if an individual tries to explain the behavior of another person based on his/her personality, rather than based on the situation.

This type of bias is shown by Korey because he:

  • Thinks the employee is lazy, which is related to personality features.
  • He does not consider the situation or the fact the employee needs time to take care of the child, and it is not just avoiding work.

Learn more in: brainly.com/question/13044778

5 0
3 years ago
5. Use excel?s irr function for this problem. Rancho cucamonga has a 6% cost of capital. The firm has an investment opportunity
BlackZzzverrR [31]

IRR function for this problem is 7. 7% and invest in the project

<h3>What is IRR function?</h3>

The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that occur at regular intervals. Determine the internal rate of return. Return was calculated as a percentage. =IRR (values, [guess])

IRR is the interest rate at which the sum of all cash flows equals zero, thus it is useful for comparing one investment to another. In the preceding example, if we substitute 8% with 13.92%, the NPV becomes 0, and your IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's NPV becomes zero.

To know more about IRR function follow the link:

brainly.com/question/24301559

#SPJ4

8 0
1 year ago
Unlike need satisfaction selling, stimulus response selling focuses on customers rather than on salespeople. Question 13 options
taurus [48]

it is true that the stimulus response selling focuses on customers rather than on salespeople unlike need satisfaction selling

<h3>What is stimulus response sales?</h3>

A sales technique of Stimulus Response is an approach that emphasizes on saying the right thing at the right time to convince the buyer along a question-answer sequence in the negotiation of sales.

Therefore, it is true that the stimulus response selling focuses on customers rather than on salespeople unlike need satisfaction selling

Read more about <em>Stimulus Response</em>

<em>brainly.com/question/937756</em>

5 0
2 years ago
Other questions:
  • The management of dominican sugar company is considering whether to process further raw sugar into refined sugar. refined sugar
    7·1 answer
  • And currency risks are to key country success factors as land costs and​ ________ are to key region success factors.
    11·1 answer
  • The marginal-cost curve intersects the average-total-cost curve at the output level where average fixed costs are zero.
    8·1 answer
  • Azeem is considering the various options available to him to promote an energy drink, Turbozade, that has decreasing sales volum
    6·1 answer
  • What led to the development of inns in the Middle Ages?
    14·1 answer
  • Discuss the role of reverse culture shock in the repatriation process. What can companies do to avoid this problem? What kinds o
    11·1 answer
  • In 2003, Congress passed a substantial cut in income taxes. The Federal Reserve also substantially lowered interest rates. How c
    11·1 answer
  • Seasons Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion
    5·1 answer
  • Sheridan Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An emplo
    7·1 answer
  • An investment adviser representative may describe dollar cost averaging to a customer as:______
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!