Answer:
Sam will pay $937.43 weekly or $71.64 quarterly.
The weekly plan has less total cash outflow each year because it involves lower interest charges as the payment is made more frequently.
Sam will have to pay $117.18 if the loan calls for quarterly payments.
Explanation:
The cash outflows are calculated using the PMT formula or function as follows.
Quarterly Payment:
PMT(rate = 0.08/4, nper = 8x4, pv = 22000, fv = 0, 0) = $937.43
Weekly Payment:
PMT(rate = 0.08/52, nper = 8x52, pv = 22000, fv = 0, 0) = $71.64
Annual cash outflow using quarterly payment = $937.43 x 4 = $3749.72
Annual cash outflow using weekly payment = $71.64 x 52 = $3725.28
The weekly plan has $3749.72 - $3725.38 = $24.44 less total cash outflow each year because it involves lower interest charges as the payment is made more frequently.
Sam will have to pay $3749.72 / 32 = $117.18 if the loan calls for quarterly payments.
Answer:
1.72
Explanation:
SOLUTION
Cost of labor = $ 2000
Cost of material= $ 400
Overhead labor= $500
Multifactor productivity = (Value of Output/(Labor Cost + Material Cost + Overhead Cost))
(500 units)($10/unit)÷( $2,000 + $400+ $500)
= $5000÷$2900
= 1.72
Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market
Schizophrenia is a mental disorder where
a person has an abnormal social behavior and does not know what is real. The cause
of this is genetic and environmental factors. With this, Janelle has the
highest chance of developing schizophrenia if that relative is a first-degree
relative. Various genes are known to be involved with the disease with unknown
expression and transmission.
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Answer:
Course Description
Explanation:
Career Research and Decision Making is a lifelong process that includes, exploring, choosing and implementing decisions about education, occupation, and related life roles. Students will develop knowledge and skills that will help them to manage their career throughout lif
