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JulijaS [17]
2 years ago
9

If you can borrow funds from a finance company at 12 percent compounded weekly​, the EAR for the loan is nothing​%. ​ (Round to

two decimal​ places.) If you can borrow funds from a bank at 13 percent compounded semiannually​, the EAR for the loan is nothing​%. ​(Round to two decimal​ places.) Based on the findings​ above, which alternative is more​ attractive? ​ (Select the best choice​ below.) A. The loan from the bank at 13 % compounded semiannually B. The loan from the finance company at 12 % compounded weekly
Business
1 answer:
arlik [135]2 years ago
4 0

Answer:

If compounded weekly =

No of weeks in a year=52

N= 52

EAR= (1+I/N)^N -1

=(1+0.12/52)^52 -1

=0.127=12.7% EAR

If compounded semiannually

N= 2

EAR= (1+0.13/2)^2 -1

=13.42%

It is better to borrow at 12% compounded weekly as the EAR is lower than 13% compounded semi annually.

Explanation:

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Sheffield Corp. uses the periodic inventory system. For the current month, the beginning inventory consisted of 488 units that c
swat32

Answer:

$80,544

Explanation:

We will calculate the amount of cost of goods sold using FIFO as;

= (Beginning inventory unit × Cost of each inventory) + [(Units sold during the month - Beginning inventory units) × Unit cost of the first purchases made by the company]

= (488 × $65) + [(1,206 units - 488 units) × $68]

= $31,720 + $48,824

= $80,544

Therefore, the cost of goods sold using FIFO is $80,544

4 0
3 years ago
Do some internet research to identify examples of "tap & go" applications. what are some typical types of "tap & go" pay
Usimov [2.4K]

Tap & go turns a smart phone into a wallet. This technology allows vendors to accept credit cards in "contacless" way. Credit card companies and technology companies embrace this and it is expected to grow.

4 0
3 years ago
What is the science that studies tends and changes in human populations
svetlana [45]

The science that studies trends and changes in human populations is called demography. Thus, option C is correct.

<h3>What is the population? </h3>

The population can be defined as the number of people present in a particular region. The region can be locality, city, country, or the world.

The quantitative study of human inhabitants is called demography. Demographers examine the range, migration, and composition of people using census data, surveys, and statistical models. It also includes the death and birth and mortality ratio. Therefore, option C is the correct option.

Learn more about population, here:

brainly.com/question/16138725

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4 0
1 year ago
"The next dividend payment by Savitz, Inc., will be $1.48 per share. The dividends are anticipated to maintain a growth rate of
scoundrel [369]

Answer:

The correct answer is 10.48%.

Explanation:

According to the scenario, the given data are as follows:

Current price = $27

Expected dividend = $1.48

Growth rate = 5%

So, we can calculate the required return by using following formula:

Required return = (Expected Dividend ÷ Current Price ) + Growth rate

By putting the value in the formula,we get

Required return = ( $1.48 ÷ $27 ) + 5%

= 0.05481 + 0.05

= 0.10481 or 10.48%

6 0
3 years ago
How much interest is earned in just the 2nd year on a $1,000 deposit that earns 7% interest compounded annually?
aleksandrvk [35]

The interest  earned compounded annually at $80.14

$1000 x (1.07)^2=1144.90 after 2 years

1144.90 x 0.07 = 80.14

A technique of calculating and adding interest to funding or mortgage as soon as a year, in preference to for any other period: if you borrow $100,000 at five% hobby compounded annually, after the first yr you'll owe $five,250 on a principal of $a hundred and five,000.

It's far to be mentioned that the above-given system is the general components while the major is compounded n quantity of instances in a yr. If the given most important is compounded annually, the quantity after the term at percentage fee of interest, r, is given as A = P(1 + r/a hundred)t, and C.I. could be P(1 + r/100)t - P.

That stated, annual hobby is commonly at a higher rate because of compounding. in place of paying out monthly, the sum invested has twelve months of increase. But if you are able to get the equal price of interest for month-to-month payments, as you can for annual bills, then take it.

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7 0
1 year ago
Read 2 more answers
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