Answer:
the required time is 36 seconds
Explanation:
The computation of the required time is given below:
= Production time available ÷ desired output
= (8 hours × 60 minutes × 60 seconds) ÷ 800 units
= 28,800 ÷ 800
= 36 seconds
hence, the required time is 36 seconds
It is true that a landlord will check your credit report before renting to you.
Answer:
D : 2.17%.
Explanation:
The 26% is an APR(Annual Percentage Rate). This is a quoted rate that a credit card company charges . It is also known as the nominal rate.
Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;
Monthly rate = APR / n
APR = 26% or 0.26 as a decimal
n = compounding periods = 12
therefore, Monthly rate = 26% /12 = 2.17%
Answer:
Saving = $200
Investment = $100
Explanation:
Given;
Gross Domestic Production = $1000
Consumption = $600
Taxes = $100
Government spending = $200
Find:
Saving and investment
Computation:
Saving = Gross Domestic Production - Consumption - Government spending
Saving = 1,000 - 600 - 200
Saving = $200
Investment = Saving - Taxes
Investment = 200 - 100
Investment = $100
Answer:
After tax cost of debt is 7.69%
Explanation:
The after tax cost of debt can be computed by first of all determining the pre-tax cost of debt .
The pre-tax of debt is the yield to maturity computed using the rate formula in excel as follows:
=rate(nper,pmt.-pv,fv)
nper is the number of times the bond would pay coupon interest over the entire bond life ,which is 15 years multiplied by 2=30
pmt is the semi-annual interest which is $1000*8.9%/2=$44.5
pv is the current price of the bond at $962
fv is the face value of the bond at $1000
=rate(30,44.5,-962,1000)=4.69%
this is the semi-annul yield ,annual yield is 9.38%
The 9.38% is the pretax
after tax cost of debt=9.38%*(1-0.18)=7.69%
0.18 is the 18% tax rate
